Spread before costs (cost unknown: a leg has no order-book sample)−0.024%
7d average—if it closes, per $10,000$2funding while held, a day−$1.20
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ONDO-USD-PERP | 0.4442 | 0.0100 | pay 0.0100% / 8h | 6h 19m | $6K | $9 | 10x |
| Short | Gate ONDO_USDT | 0.4441 | 0.0060 | get 0.0030% / 4h | 2h 19m | $11.7M | $18.8M | 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
- −$2.43
- Funding while held
- −$1.2
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$22.63
- Spread needed to break even
- 0.190%
Slippage unknown: Paradex: no order-book sample; Gate: live order book, 1 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0040%
- Per $10,000 a day
- −$1.20
- 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 Paradex no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 1 min ago | 2.25 bp | 16.9 bp −$17 | 25.1 bp −$251 | 49.9 bp −$4,989 | 82.8 bp −$41.4K |
Paradex: 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 | |
|---|---|---|---|---|---|---|---|
| dYdX ONDO-USD | −0.062% | +0.8829% | 1h | $251K | $116K | 5x | as long as short |
| Variational Omni ONDO | −0.050% | −0.0046% | 4h | $770K | $2.1M | — | as long as short |
| OKX ONDO-USDT-SWAP | −0.047% | +0.0100% | 4h | $17.6M | $80.3M | 50x | as long as short |
| Extended ONDO-USD | −0.026% | +0.0104% | 1h | $374K | $962K | 25x | as long as short |
| Bybit ONDOUSDT | −0.024% | +0.0012% | 4h | $69.8M | $114.8M | 50x | as long as short |
| Gate ONDO_USDTshort | −0.024% | +0.0060% | 4h | $11.7M | $18.8M | 50x | |
| Nado ONDO-PERP | −0.024% | +0.0100% | 1h | $459K | $621K | 10x | as long as short |
| SunX ONDO-USDT | −0.024% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Paradex ONDO-USD-PERPlong | 0.000% | +0.0100% | 8h | $6K | $9 | 10x | |
| Bitget ONDOUSDT | +0.021% | +0.0100% | 4h | $25.1M | $42.4M | 50x | as long as short |
Paradex ONDO-USD-PERP
Gate ONDO_USDT
Variational Omni
OKX
Extended
Bybit
SunX
Bitget
BingX
SoDEX
Phemex
RISEx
GMX
Binance
MEXC
KuCoin
Phoenix
gTrade (Gains Network)
Backpack
Deribit
HTX
BloFin
Polymarket Perps
Aster
Kraken Futures
Hyperliquid
ApeX Omni
Coinbase International
Lighter
Injective