Spread before costs (cost unknown: a leg has no order-book sample)−0.133%
7d average—if it closes, per $10,000$13funding while held, a day+$7.39
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ONDO_USDC | 0.4522 | 0.0094 | pay 0.0047% / 4h | 1h 31m | $25K | $6K | 10x |
| Short | BloFin ONDO-USDT | 0.4516 | 0.0340 | get 0.0170% / 4h | 1h 31m | $3.3M | $3.4M | 75x |
Orderly PERP_ONDO_USDC
BloFin ONDO-USDTPrice 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
- −$13.27
- Funding while held
- $7.39
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- −$23.87
- Spread needed to break even
- 0.180%
Slippage unknown: Orderly: no order-book sample; BloFin: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0246%
- Per $10,000 a day
- +$7.39
- 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 Orderly no order-book sample | — | — | — | — | — |
| Sell BloFin live order book, 3 min ago | 3.33 bp | 10.6 bp −$11 | 14.4 bp −$144 | 40.2 bp −$4,024 | 127.7 bp −$63.8K |
Orderly: 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.Injective0.4457cheapestVariational Omni0.4489+0.727%Phoenix0.4509+1.173%edgeX0.4510+1.183%ApeX Omni0.4511+1.212%
Injective
Variational Omni
Phoenix
ApeX OmniBloFin0.4516+1.324%
Phemex0.4520+1.414%
PhemexOrderly0.4522+1.458%
Ondo Perps0.4523+1.476%SunX0.4523+1.481%SoDEX0.4523+1.481%GMX0.4523+1.491%gTrade (Gains Network)0.4523+1.491%Reya0.4524+1.500%Nado0.4524+1.514%Aevo0.4525+1.526%Backpack0.4525+1.535%Deribit0.4526+1.548%Aster0.4527+1.563%Polymarket Perps0.4527+1.571%dYdX0.4528+1.585%Binance0.4528+1.587%KuCoin0.4529+1.615%Coinbase International0.4529+1.615%Kraken Futures0.4529+1.618%Gate0.4530+1.638%Extended0.4530+1.647%Hyperliquid0.4531+1.658%Bybit0.4532+1.683%BingX0.4532+1.683%Paradex0.4532+1.694%RISEx0.4533+1.698%OKX0.4533+1.705%HTX0.4533+1.705%MEXC0.4534+1.728%Bitget0.4534+1.728%Lighter0.4535+1.739%
Ondo Perps
SunX
SoDEX
GMX
gTrade (Gains Network)
Reya
Nado
Aevo
Backpack
Deribit
Aster
Polymarket Perps
dYdX
Binance
KuCoin
Coinbase International
Kraken Futures
Gate
Extended
Hyperliquid
Bybit
BingX
Paradex
RISEx
OKX
HTX
MEXC
Bitget
LighterONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.437% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Variational Omni ONDO | −0.721% | +0.0100% | 4h | $904K | $2.0M | — | as long as short |
| Phoenix ONDO | −0.281% | +0.0035% | 1h | $28K | $206K | 10x | as long as short |
| edgeX ONDOUSDC | −0.271% | +0.0100% | 4h | $4K | $316K | 20x | as long as short |
| ApeX Omni ONDOUSDT | −0.243% | +0.0100% | 1h | $183K | $339K | 50x | as long as short |
| BloFin ONDO-USDTshort | −0.133% | +0.0340% | 4h | $3.3M | $3.4M | 75x | |
| Phemex ONDOUSDT | −0.044% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Orderly PERP_ONDO_USDClong | 0.000% | +0.0094% | 4h | $25K | $6K | 10x | |
| Ondo Perps ONDO-USD.P | +0.018% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| SunX ONDO-USDT | +0.022% | +0.0100% | 4h | — | $1.3M | 20x | as long as short |