Spread before costs (cost unknown: a leg has no order-book sample)+0.025%
7d average—if it closes, per $10,000$3funding 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 | 0.4524 | 0.0100 | pay 0.0100% / 8h | 1h 29m | $6K | $9 | 10x |
| Short | OKX ONDO-USDT-SWAP | 0.4525 | 0.0100 | get 0.0050% / 4h | 1h 29m | $18.4M | $80.4M | 50x |
Paradex ONDO-USD-PERP
OKX ONDO-USDT-SWAPPrice 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
- $2.53
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Paradex: 2 bp × 2 orders
- −$4
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$11.47
- Spread needed to break even
- 0.140%
Slippage unknown: Paradex: no order-book sample; OKX: live order book, 1 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 OKX live order book, 1 min ago | 1.10 bp | 7.1 bp −$7 | 17.5 bp −$175 | 75.2 bp −$7,518 | 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.Injective0.4457cheapestedgeX0.4512+1.245%Variational Omni0.4521+1.446%Phemex0.4522+1.458%Extended0.4523+1.475%Ondo Perps0.4523+1.476%
Injective
Variational Omni
Phemex
Extended
Ondo PerpsParadex0.4524+1.500%
Phoenix0.4524+1.512%Bybit0.4525+1.526%
Phoenix
BybitOKX0.4525+1.526%
Gate0.4525+1.526%Orderly0.4525+1.526%SoDEX0.4525+1.526%GMX0.4526+1.545%Bitget0.4526+1.548%Deribit0.4526+1.548%BloFin0.4526+1.548%gTrade (Gains Network)0.4526+1.549%Reya0.4526+1.550%Aevo0.4526+1.555%dYdX0.4527+1.562%RISEx0.4527+1.568%BingX0.4527+1.571%Binance0.4528+1.584%MEXC0.4528+1.593%KuCoin0.4528+1.593%Nado0.4529+1.615%Aster0.4529+1.615%SunX0.4529+1.615%Backpack0.4529+1.620%Polymarket Perps0.4530+1.636%Kraken Futures0.4532+1.685%Lighter0.4534+1.721%ApeX Omni0.4534+1.728%HTX0.4534+1.728%Hyperliquid0.4536+1.772%Coinbase International0.4539+1.840%
Gate
Orderly
SoDEX
GMX
Bitget
Deribit
BloFin
gTrade (Gains Network)
Reya
Aevo
dYdX
RISEx
BingX
Binance
MEXC
KuCoin
Nado
Aster
SunX
Backpack
Polymarket Perps
Kraken Futures
Lighter
ApeX Omni
HTX
Hyperliquid
Coinbase InternationalONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.478% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| edgeX ONDOUSDC | −0.251% | +0.0100% | 4h | $4K | $317K | 20x | as long as short |
| Variational Omni ONDO | −0.053% | +0.0100% | 4h | $916K | $2.0M | — | as long as short |
| Phemex ONDOUSDT | −0.041% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Extended ONDO-USD | −0.024% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| Ondo Perps ONDO-USD.P | −0.023% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Paradex ONDO-USD-PERPlong | 0.000% | +0.0100% | 8h | $6K | $9 | 10x | |
| Phoenix ONDO | +0.012% | +0.0035% | 1h | $28K | $206K | 10x | as long as short |
| Bybit ONDOUSDT | +0.025% | +0.0100% | 4h | $70.3M | $112.7M | 50x | as long as short |
| OKX ONDO-USDT-SWAPshort | +0.025% | +0.0100% | 4h | $18.4M | $80.4M | 50x |