Spread before costs (cost unknown: a leg has no order-book sample)−0.088%
7d average—if it closes, per $10,000$9funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Paradex ONDO-USD-PERP | 0.4447 | 0.0100 | pay 0.0100% / 8h | 6h 42m | $6K | $9 | 10x |
| Short | KuCoin ONDOUSDTM | 0.4443 | 0.0100 | get 0.0050% / 4h | 2h 42m | $13.6M | $9.8M | 50x |
Paradex ONDO-USD-PERP
KuCoin ONDOUSDTMPrice 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
- −$8.85
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$24.85
- Spread needed to break even
- 0.160%
Slippage unknown: Paradex: no order-book sample; KuCoin: live order book, 2 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- 0.0000%
- Per $10,000 a day
- +$0.00
- 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 KuCoin live order book, 2 min ago | 2.25 bp | 17.8 bp −$18 | 40.1 bp −$401 | doesn't fit | doesn't fit |
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.Bybit0.4435cheapestOKX0.4435cheapestGate0.4439+0.090%BingX0.4439+0.090%Binance0.4441+0.145%Extended0.4441+0.147%Phemex0.4442+0.158%MEXC0.4443+0.180%
Bybit
OKX
Gate
BingX
Binance
Extended
Phemex
MEXCKuCoin0.4443+0.180%
Bitget0.4443+0.180%SoDEX0.4443+0.180%Backpack0.4444+0.201%Aster0.4444+0.204%Nado0.4445+0.225%SunX0.4445+0.225%Hyperliquid0.4445+0.228%Reya0.4445+0.234%Orderly0.4446+0.248%Deribit0.4446+0.248%Polymarket Perps0.4447+0.266%GMX0.4447+0.267%
Bitget
SoDEX
Backpack
Aster
Nado
SunX
Hyperliquid
Reya
Orderly
Deribit
Polymarket Perps
GMXParadex0.4447+0.269%
RISEx0.4447+0.269%BloFin0.4447+0.271%gTrade (Gains Network)0.4447+0.272%Kraken Futures0.4448+0.290%01 Exchange0.4448+0.302%Aevo0.4449+0.305%ApeX Omni0.4450+0.338%Coinbase International0.4450+0.338%Lighter0.4450+0.347%dYdX0.4451+0.364%edgeX0.4452+0.376%Variational Omni0.4457+0.488%HTX0.4458+0.519%Injective0.4463+0.631%Phoenix0.4471+0.821%Ondo Perps0.4475+0.909%
RISEx
BloFin
gTrade (Gains Network)
Kraken Futures
Aevo
ApeX Omni
Coinbase International
Lighter
dYdX
Variational Omni
HTX
Injective
Phoenix
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.268% | +0.0100% | 4h | $70.0M | $116.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.268% | +0.0100% | 4h | $17.7M | $81.5M | 50x | as long as short |
| Gate ONDO_USDT | −0.178% | +0.0092% | 4h | $11.7M | $18.6M | 50x | as long as short |
| BingX ONDO-USDC | −0.178% | +0.0100% | 4h | — | $759K | — | as long as short |
| Binance ONDOUSDT | −0.123% | +0.0100% | 4h | $66.5M | $225.2M | 75x | as long as short |
| Extended ONDO-USD | −0.122% | +0.0104% | 1h | $376K | $1.1M | 25x | as long as short |
| Phemex ONDOUSDT | −0.111% | +0.0100% | 4h | $4.9M | $5.5M | 50x | as long as short |
| MEXC ONDO_USDT | −0.088% | +0.0100% | 4h | $47.3M | $45.4M | 200x | as long as short |
| KuCoin ONDOUSDTMshort | −0.088% | +0.0100% | 4h | $13.6M | $9.8M | 50x | |
| Bitget ONDOUSDT | −0.088% | +0.0100% | 4h | $25.2M | $43.7M | 50x | as long as short |