After costs, if the gap returns to its 7d average, $10k−$39
spread now+0.112%7d average−0.015%fees + slippage, in and out−$52spread needed0.520%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ONDOUSDT | 0.4460 | 0.0100 | pay 0.0050% / 4h | 3h 01m | $4.9M | $5.4M | 50x |
| Short | BingX ONDO-USDT | 0.4465 | 0.0100 | get 0.0050% / 4h | 3h 01m | — | $23.2M | — |
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
- $11.21
- Funding while held
- $0
- Slippage, 4 orders
- −$30.01
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$40.8
- Spread needed to break even
- 0.520%
Slippage from Phemex: live order book, 4 min ago; BingX: live order book, 14 min ago.
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 Phemex live order book, 4 min ago | 3.35 bp | 15.4 bp −$15 | 24.8 bp −$248 | doesn't fit | doesn't fit |
| Sell BingX live order book, 14 min ago | 1.12 bp | 8.8 bp −$9 | 14.2 bp −$142 | 37.8 bp −$3,781 | 309.0 bp −$154.5K |
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 | |
|---|---|---|---|---|---|---|---|
| Phemex ONDOUSDTlong | 0.000% | +0.0100% | 4h | $4.9M | $5.4M | 50x | |
| OKX ONDO-USDT-SWAP | +0.022% | +0.0100% | 4h | $17.8M | $82.7M | 50x | as long as short |
| SunX ONDO-USDT | +0.045% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Bybit ONDOUSDT | +0.067% | −0.0032% | 4h | $70.4M | $116.8M | 50x | as long as short |
| Gate ONDO_USDT | +0.067% | +0.0100% | 4h | $11.7M | $19.3M | 50x | as long as short |
| Injective ONDO/USDC PERP | +0.067% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| SoDEX ONDO-USD | +0.067% | +0.0100% | 1h | $464 | $14K | 10x | as long as short |
| Phoenix ONDO | +0.076% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| dYdX ONDO-USD | +0.081% | +0.6666% | 1h | $248K | $106K | 5x | as long as short |
| GMX ONDO/USD [ETH-USDC] | +0.099% | L +0.0579% / S −0.0197% | 1h | $517K | — | 100x | as long as short |
Phemex ONDOUSDT
BingX ONDO-USDT
OKX
SunX
Bybit
Gate
Injective
SoDEX
Phoenix
GMX
Paradex
Extended
Binance
MEXC
Bitget
ApeX Omni
gTrade (Gains Network)
Backpack
RISEx
KuCoin
Deribit
BloFin
Aster
Kraken Futures
Polymarket Perps
Hyperliquid
Lighter
HTX
Variational Omni
Coinbase International