Spread before costs (cost unknown: a leg has no order-book sample)−0.187%
7d average—if it closes, per $10,000$19funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ONDOUSDT | 0.4442 | 0.0100 | pay 0.0050% / 4h | 2h 42m | $4.9M | $5.5M | 50x |
| Short | RISEx ONDO/USDC | 0.4434 | 0.0100 | get 0.0013% / 1h | 42m 29s | — | — | 5x |
Phemex ONDOUSDT
RISEx ONDO/USDCPrice 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
- −$18.67
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$36.67
- Spread needed to break even
- 0.180%
Slippage unknown: Phemex: live order book, 3 min ago; RISEx: no order-book sample. 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 Phemex live order book, 3 min ago | 5.62 bp | 17.3 bp −$17 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell RISEx no order-book sample | — | — | — | — | — |
RISEx: 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.Bybit0.4430cheapestOKX0.4430cheapestExtended0.4431+0.028%Nado0.4431+0.034%Gate0.4432+0.045%Bitget0.4433+0.068%Reya0.4434+0.083%
Bybit
OKX
Extended
Nado
Gate
Bitget
ReyaRISEx0.4434+0.084%
Binance0.4434+0.090%KuCoin0.4434+0.090%Paradex0.4434+0.100%MEXC0.4435+0.113%BingX0.4435+0.113%01 Exchange0.4436+0.131%Polymarket Perps0.4436+0.131%Hyperliquid0.4436+0.135%Ondo Perps0.4439+0.194%dYdX0.4439+0.207%Aster0.4440+0.218%
Binance
KuCoin
Paradex
MEXC
BingX
Polymarket Perps
Hyperliquid
Ondo Perps
dYdX
AsterPhemex0.4442+0.271%
Lighter0.4443+0.287%SoDEX0.4443+0.293%Backpack0.4444+0.314%SunX0.4445+0.339%Orderly0.4446+0.361%Deribit0.4446+0.361%GMX0.4447+0.380%BloFin0.4447+0.384%gTrade (Gains Network)0.4447+0.386%Kraken Futures0.4448+0.403%Aevo0.4449+0.418%ApeX Omni0.4450+0.451%Coinbase International0.4450+0.451%edgeX0.4452+0.489%Variational Omni0.4457+0.602%HTX0.4458+0.632%Injective0.4463+0.745%Phoenix0.4471+0.935%
Lighter
SoDEX
Backpack
SunX
Orderly
Deribit
GMX
BloFin
gTrade (Gains Network)
Kraken Futures
Aevo
ApeX Omni
Coinbase International
Variational Omni
HTX
Injective
PhoenixONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.270% | +0.0100% | 4h | $69.8M | $116.1M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.270% | +0.0100% | 4h | $17.6M | $81.4M | 50x | as long as short |
| Extended ONDO-USD | −0.242% | +0.0104% | 1h | $374K | $1.1M | 25x | as long as short |
| Nado ONDO-PERP | −0.236% | +0.0100% | 1h | $459K | $630K | 10x | as long as short |
| Gate ONDO_USDT | −0.225% | +0.0062% | 4h | $11.7M | $18.6M | 50x | as long as short |
| Bitget ONDOUSDT | −0.203% | +0.0100% | 4h | $25.1M | $43.7M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.188% | +0.1129% | 1h | $2K | — | 20x | as long as short |
| RISEx ONDO/USDCshort | −0.187% | +0.0100% | 1h | — | — | 5x | |
| Binance ONDOUSDT | −0.180% | +0.0100% | 4h | $66.4M | $225.2M | 75x | as long as short |
| KuCoin ONDOUSDTM | −0.180% | +0.0100% | 4h | $13.5M | $9.8M | 50x | as long as short |