Spread before costs (cost unknown: a leg has no order-book sample)−0.112%
7d average—if it closes, per $10,000$11funding while held, a day+$32.05
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ONDO_USDC | 0.4450 | 0.0094 | pay 0.0047% / 4h | 3h 14m | $24K | $8K | 10x |
| Short | Injective ONDO/USDC PERP | 0.4445 | 0.1162 | get 0.0145% / 1h | 14m 29s | $1K | $85K | 5.5x |
Orderly PERP_ONDO_USDC
Injective ONDO/USDC PERPPrice 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
- −$11.24
- Funding while held
- $32.05
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- $14.79
- Spread needed to break even
- 0.060%
Slippage unknown: Orderly: no order-book sample; Injective: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1068%
- Per $10,000 a day
- +$32.05
- 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 Injective no order-book sample | — | — | — | — | — |
Orderly and Injective: 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.edgeX0.4427cheapestPhoenix0.4430+0.078%ApeX Omni0.4442+0.343%
Phoenix
ApeX OmniInjective0.4445+0.410%
Variational Omni0.4446+0.427%Bybit0.4449+0.501%OKX0.4449+0.501%Extended0.4449+0.512%Gate0.4450+0.523%MEXC0.4450+0.523%BingX0.4450+0.523%
Variational Omni
Bybit
OKX
Extended
Gate
MEXC
BingXOrderly0.4450+0.523%
SunX0.4450+0.523%Aevo0.4451+0.543%Nado0.4451+0.546%KuCoin0.4451+0.546%SoDEX0.4451+0.546%Paradex0.4451+0.548%GMX0.4451+0.553%Binance0.4452+0.569%Deribit0.4452+0.569%RISEx0.4452+0.579%gTrade (Gains Network)0.4453+0.581%dYdX0.4453+0.584%Backpack0.4453+0.587%Bitget0.4454+0.614%BloFin0.4454+0.614%01 Exchange0.4454+0.616%Polymarket Perps0.4454+0.623%Phemex0.4455+0.636%Reya0.4455+0.645%Hyperliquid0.4456+0.650%Aster0.4456+0.657%Kraken Futures0.4457+0.671%Ondo Perps0.4457+0.684%Lighter0.4459+0.729%HTX0.4460+0.749%Coinbase International0.4463+0.817%
SunX
Aevo
Nado
KuCoin
SoDEX
Paradex
GMX
Binance
Deribit
RISEx
gTrade (Gains Network)
dYdX
Backpack
Bitget
BloFin
Polymarket Perps
Phemex
Reya
Hyperliquid
Aster
Kraken Futures
Ondo Perps
Lighter
HTX
Coinbase InternationalONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| edgeX ONDOUSDC | −0.521% | +0.0100% | 4h | $5K | $320K | 20x | as long as short |
| Phoenix ONDO | −0.443% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| ApeX Omni ONDOUSDT | −0.180% | +0.0100% | 1h | $179K | $385K | 50x | as long as short |
| Injective ONDO/USDC PERPshort | −0.112% | +0.1162% | 1h | $1K | $85K | 5.5x | |
| Variational Omni ONDO | −0.096% | −0.0052% | 4h | $849K | $2.1M | — | as long as short |
| Bybit ONDOUSDT | −0.022% | −0.0141% | 4h | $69.5M | $117.5M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.022% | +0.0100% | 4h | $17.8M | $83.1M | 50x | as long as short |
| Extended ONDO-USD | −0.011% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| Gate ONDO_USDT | 0.000% | +0.0070% | 4h | $11.7M | $19.2M | 50x | as long as short |
| MEXC ONDO_USDT | 0.000% | +0.0100% | 4h | $47.6M | $47.6M | 200x | as long as short |