Spread before costs (cost unknown: a leg has no order-book sample)+0.312%
7d average—if it closes, per $10,000$31funding while held, a day+$4.44
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ONDO-USD.P | 0.4453 | 0.0100 | pay 0.0013% / 1h | 54m 24s | $74K | $90K | 10x |
| Short | Lighter ONDO | 0.4467 | 0.0248 | get 0.0031% / 1h | 54m 24s | $1.2M | $1.8M | 10x |
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
- $31.21
- Funding while held
- $4.44
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $30.65
- Spread needed to break even
- 0.050%
Slippage unknown: Ondo Perps: no order-book sample; Lighter: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0148%
- Per $10,000 a day
- +$4.44
- 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 Lighter live order book, 4 min ago | 3.58 bp | 5.1 bp −$5 | 14.8 bp −$148 | doesn't fit | doesn't fit |
Ondo Perps: 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.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ONDO-PERP | −0.013% | +0.0100% | 1h | $463K | $637K | 10x | as long as short |
| Orderly PERP_ONDO_USDC | −0.002% | +0.0095% | 4h | $25K | $8K | 10x | as long as short |
| Ondo Perps ONDO-USD.Plong | 0.000% | +0.0100% | 1h | $74K | $90K | 10x | |
| SunX ONDO-USDT | +0.020% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | +0.043% | +0.0100% | 1h | $463 | $14K | 10x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | +0.043% | 0.0000% | 1h | $20K | $339K | 25x | as long as short |
| Phemex ONDOUSDT | +0.043% | +0.0100% | 4h | $4.9M | $5.4M | 50x | as long as short |
| Paradex ONDO-USD-PERP | +0.065% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Aevo ONDO-PERP | +0.076% | +0.0104% | 1h | $35K | — | 3x | as long as short |
| Variational Omni ONDO | +0.081% | −0.0051% | 4h | $852K | $2.0M | — | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| dYdX ONDO-USD | +0.103% | +1.0384% | 1h | $252K | $111K | 5x | as long as short |
| Gate ONDO_USDT | +0.110% | +0.0090% | 4h | $11.7M | $18.5M | 50x | as long as short |
| BloFin ONDO-USDT | +0.110% | +0.0340% | 4h | $3.3M | $3.3M | 75x | as long as short |
| OKX ONDO-USDT-SWAP | +0.132% | +0.0100% | 4h | $17.8M | $82.3M | 50x | as long as short |
| Backpack ONDO_USDC_PERP | +0.146% | +0.0100% | 1h | $234K | $865K | 15x | as long as short |
| KuCoin ONDOUSDTM | +0.155% | +0.0100% | 4h | $13.6M | $9.8M | 50x | as long as short |
| Aster ONDOUSDT | +0.159% | +0.0100% | 4h | $746K | $1.9M | 20x | as long as short |
| Extended ONDO-USD | +0.165% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| Binance ONDOUSDT | +0.172% | +0.0100% | 4h | $66.8M | $226.8M | 75x | as long as short |
| Kraken Futures PF_ONDOUSD | +0.173% | +0.0444% | 1h | $3.6M | $5.0M | 50x | as long as short |
| Bitget ONDOUSDT | +0.177% | +0.0100% | 4h | $25.2M | $44.1M | 50x | as long as short |
| ApeX Omni ONDOUSDT | +0.177% | +0.0100% | 1h | $180K | $369K | 50x | as long as short |
| RISEx ONDO/USDC | +0.185% | +0.0100% | 1h | — | — | 5x | as long as short |
| Polymarket Perps ONDO-USD | +0.191% | +0.0100% | 1h | $79K | $1.0M | 10x | as long as short |
| MEXC ONDO_USDT | +0.200% | +0.0100% | 4h | $47.8M | $45.4M | 200x | as long as short |
| Reya ONDORUSDPERP | +0.202% | +0.1129% | 1h | $2K | — | 20x | as long as short |
| Bybit ONDOUSDT | +0.222% | +0.0012% | 4h | $70.4M | $116.5M | 50x | as long as short |
| Injective ONDO/USDC PERP | +0.222% | −0.0508% | 1h | $1K | $49K | 5.5x | as long as short |
| HTX ONDO-USDT | +0.222% | +0.0100% | 4h | $108K | $530K | 50x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.232% | L +0.0579% / S −0.0197% | 1h | $517K | — | 100x | as long as short |
| edgeX ONDOUSDC | +0.233% | +0.0100% | 4h | $5K | $318K | 20x | as long as short |
| Hyperliquid ONDO | +0.236% | +0.0100% | 1h | $40.6M | $26.3M | 10x | as long as short |
| BingX ONDO-USDC | +0.245% | +0.0100% | 4h | — | $764K | — | as long as short |
| 01 Exchange ONDOUSD | +0.265% | +0.0256% | 1h | $367 | $1K | 10x | as long as short |
| gTrade (Gains Network) ONDO/USD | +0.276% | L +0.0003% / S −0.0010% | 1h | $9K | — | 150x | as long as short |
| Lighter ONDOshort | +0.312% | +0.0248% | 1h | $1.2M | $1.8M | 10x | |
| Phoenix ONDO | +0.357% | +0.0143% | 1h | $28K | $236K | 10x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.380% | +0.0560% | 1h | $348K | $842K | 50x | as long as short |
Lighter ONDO
SunX
SoDEX
Deribit
Phemex
Paradex
Variational Omni
Gate
BloFin
OKX
Backpack
KuCoin
Aster
Extended
Binance
Kraken Futures
Bitget
ApeX Omni
RISEx
Polymarket Perps
MEXC
Bybit
Injective
HTX
GMX
Hyperliquid
BingX
gTrade (Gains Network)
Phoenix
Coinbase International