Spread before costs (cost unknown: a leg has no order-book sample)−0.338%
7d average—if it closes, per $10,000$34funding while held, a day−$1.97
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ONDO_USDC | 0.4435 | 0.0094 | pay 0.0047% / 4h | 3h 19m | $24K | $8K | 10x |
| Short | Gate ONDO_USDT | 0.4420 | 0.0028 | get 0.0014% / 4h | 3h 19m | $11.6M | $19.1M | 50x |
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
- −$33.82
- Funding while held
- −$1.97
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$56.79
- Spread needed to break even
- 0.210%
Slippage unknown: Orderly: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0066%
- Per $10,000 a day
- −$1.97
- 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 Gate live order book, 1 min ago | 2.26 bp | 17.6 bp −$18 | 37.0 bp −$370 | 49.1 bp −$4,913 | 80.2 bp −$40.1K |
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.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.406% | −0.0211% | 4h | $69.2M | $117.6M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.361% | +0.0100% | 4h | $17.7M | $82.9M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.348% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Gate ONDO_USDTshort | −0.338% | +0.0028% | 4h | $11.6M | $19.1M | 50x | |
| Extended ONDO-USD | −0.313% | +0.0104% | 1h | $374K | $1.1M | 25x | as long as short |
| Reya ONDORUSDPERP | −0.308% | +0.1128% | 1h | $2K | — | 20x | as long as short |
| Binance ONDOUSDT | −0.291% | +0.0100% | 4h | $67.3M | $229.8M | 75x | as long as short |
| MEXC ONDO_USDT | −0.271% | +0.0100% | 4h | $47.3M | $47.5M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.271% | +0.0100% | 4h | $13.5M | $10.3M | 50x | as long as short |
| Bitget ONDOUSDT | −0.271% | +0.0100% | 4h | $24.9M | $44.2M | 50x | as long as short |
Gate ONDO_USDT
Bybit
OKX
Paradex
Extended
Binance
MEXC
KuCoin
Bitget
BingX
gTrade (Gains Network)
GMX
Aster
Polymarket Perps
RISEx
Hyperliquid
Phoenix
Lighter
SunX
Backpack
SoDEX
Phemex
Deribit
Kraken Futures
HTX
Injective
ApeX Omni
Coinbase International
BloFin
Variational Omni