Spread before costs (cost unknown: a leg has no order-book sample)−0.041%
7d average—if it closes, per $10,000$4funding while held, a day+$0.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ONDO_USDC | 0.4448 | 0.0093 | pay 0.0047% / 4h | 45m 15s | $24K | $6K | 10x |
| Short | Extended ONDO-USD | 0.4446 | 0.0104 | get 0.0013% / 1h | 45m 15s | $382K | $1.1M | 25x |
Orderly PERP_ONDO_USDC
Extended ONDO-USDPrice 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
- −$4.08
- Funding while held
- $0.33
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$14.76
- Spread needed to break even
- 0.110%
Slippage unknown: Orderly: no order-book sample; Extended: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0011%
- Per $10,000 a day
- +$0.33
- 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 Extended live order book, 4 min ago | 4.46 bp | 7.0 bp −$7 | 16.4 bp −$164 | doesn't fit | doesn't fit |
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.Bybit0.4444cheapestGate0.4446+0.045%
Bybit
GateExtended0.4446+0.049%
OKX0.4447+0.068%Bitget0.4447+0.068%BingX0.4447+0.068%
OKX
Bitget
BingXOrderly0.4448+0.090%
Phemex0.4448+0.090%GMX0.4449+0.103%Nado0.4449+0.113%MEXC0.4449+0.113%SunX0.4449+0.113%SoDEX0.4449+0.113%Deribit0.4449+0.113%Aevo0.4449+0.113%Reya0.4449+0.117%gTrade (Gains Network)0.4450+0.128%Binance0.4450+0.134%KuCoin0.4450+0.135%RISEx0.4452+0.187%Polymarket Perps0.4453+0.194%Paradex0.4454+0.219%01 Exchange0.4454+0.225%Kraken Futures0.4454+0.234%Aster0.4455+0.249%Hyperliquid0.4455+0.254%Lighter0.4456+0.277%Ondo Perps0.4456+0.281%dYdX0.4458+0.313%HTX0.4459+0.338%Backpack0.4462+0.412%Variational Omni0.4468+0.540%Phoenix0.4471+0.619%BloFin0.4473+0.653%Injective0.4476+0.720%ApeX Omni0.4479+0.788%edgeX0.4480+0.816%Coinbase International0.4484+0.900%
Phemex
GMX
Nado
MEXC
SunX
SoDEX
Deribit
Aevo
Reya
gTrade (Gains Network)
Binance
KuCoin
RISEx
Polymarket Perps
Paradex
Kraken Futures
Aster
Hyperliquid
Lighter
Ondo Perps
dYdX
HTX
Backpack
Variational Omni
Phoenix
BloFin
Injective
ApeX Omni
Coinbase InternationalONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.090% | +0.0100% | 4h | $69.9M | $115.5M | 50x | as long as short |
| Gate ONDO_USDT | −0.045% | −0.0026% | 4h | $11.7M | $19.6M | 50x | as long as short |
| Extended ONDO-USDshort | −0.041% | +0.0104% | 1h | $382K | $1.1M | 25x | |
| OKX ONDO-USDT-SWAP | −0.022% | +0.0100% | 4h | $18.4M | $80.9M | 50x | as long as short |
| Bitget ONDOUSDT | −0.022% | +0.0100% | 4h | $25.0M | $43.3M | 50x | as long as short |
| BingX ONDO-USDC | −0.022% | +0.0100% | 4h | — | $764K | — | as long as short |
| Orderly PERP_ONDO_USDClong | 0.000% | +0.0093% | 4h | $24K | $6K | 10x | |
| Phemex ONDOUSDT | 0.000% | +0.0100% | 4h | $4.9M | $4.9M | 50x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.013% | L +0.0566% / S −0.0190% | 1h | $507K | — | 100x | as long as short |
| Nado ONDO-PERP | +0.022% | +0.0100% | 1h | $439K | $538K | 10x | as long as short |