Spread before costs (cost unknown: a leg has no order-book sample)−0.302%
7d average—if it closes, per $10,000$30funding while held, a day+$2.99
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ONDO-USD.P | 0.4391 | 0.0100 | pay 0.0013% / 1h | 56m 07s | $73K | $86K | 10x |
| Short | GMX ONDO/USD [ETH-USDC] | 0.4378 | L +0.0601% / S −0.0200% | get 0.0025% / 1h | 56m 07s | $539K | — | 100x |
Ondo Perps ONDO-USD.P
GMX ONDO/USD [ETH-USDC]Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$30.2
- Funding while held
- $2.99
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GMX: 6 bp × 2 orders
- −$12
- Net
- −$44.21
- Spread needed to break even
- 0.170%
Slippage unknown: Ondo Perps: no order-book sample; GMX: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0100%
- Per $10,000 a day
- +$2.99
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GMX no order-book sample | — | — | — | — | — |
Ondo Perps and GMX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4363cheapestOKX0.4364+0.023%Binance0.4371+0.183%Gate0.4375+0.275%BingX0.4376+0.298%MEXC0.4377+0.321%KuCoin0.4377+0.321%Bitget0.4377+0.321%Phemex0.4377+0.321%gTrade (Gains Network)0.4378+0.337%
Bybit
OKX
Binance
Gate
BingX
MEXC
KuCoin
Bitget
Phemex
gTrade (Gains Network)GMX0.4378+0.340%
Extended0.4379+0.359%Backpack0.4379+0.362%Orderly0.4379+0.367%SunX0.4379+0.367%SoDEX0.4379+0.367%Paradex0.4379+0.370%Reya0.4379+0.378%Aster0.4380+0.383%Nado0.4380+0.390%BloFin0.4380+0.390%Hyperliquid0.4380+0.391%RISEx0.4381+0.410%Deribit0.4381+0.413%Polymarket Perps0.4381+0.415%Aevo0.4382+0.430%Kraken Futures0.4382+0.442%dYdX0.4383+0.465%Lighter0.4384+0.484%01 Exchange0.4385+0.507%
Extended
Backpack
Orderly
SunX
SoDEX
Paradex
Reya
Aster
Nado
BloFin
Hyperliquid
RISEx
Deribit
Polymarket Perps
Aevo
Kraken Futures
dYdX
LighterOndo Perps0.4391+0.644%
HTX0.4392+0.665%ApeX Omni0.4394+0.711%Variational Omni0.4395+0.732%Coinbase International0.4395+0.733%edgeX0.4397+0.776%Phoenix0.4397+0.779%Injective0.4463+2.292%
HTX
ApeX Omni
Variational Omni
Coinbase International
Phoenix
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.640% | +0.0100% | 4h | $68.5M | $115.3M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.617% | +0.0100% | 4h | $17.2M | $79.1M | 50x | as long as short |
| Binance ONDOUSDT | −0.458% | +0.0100% | 4h | $64.7M | $222.0M | 75x | as long as short |
| Gate ONDO_USDT | −0.367% | +0.0082% | 4h | $11.4M | $18.8M | 50x | as long as short |
| BingX ONDO-USDT | −0.344% | +0.0100% | 4h | — | $23.0M | — | as long as short |
| MEXC ONDO_USDT | −0.321% | +0.0100% | 4h | $47.0M | $43.4M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.321% | +0.0100% | 4h | $13.3M | $9.8M | 50x | as long as short |
| Bitget ONDOUSDT | −0.321% | +0.0100% | 4h | $24.6M | $41.9M | 50x | as long as short |
| Phemex ONDOUSDT | −0.321% | +0.0100% | 4h | $4.9M | $5.6M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.305% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |