Spread before costs (cost unknown: a leg has no order-book sample)+0.447%
7d average−0.007%if it closes, per $10,000$45funding while held, a day+$0.00
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phemex ONDOUSDT | 0.4461 | 0.0100 | pay 0.0050% / 4h | 46m 05s | $4.9M | $4.9M | 50x |
| Short | Variational Omni ONDO | 0.4481 | 0.0100 | get 0.0050% / 4h | 46m 05s | $922K | $2.0M | — |
Phemex ONDOUSDT
Variational Omni ONDOPrice 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
- $44.7
- Funding while held
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Phemex: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $32.7
- Spread needed to break even
- 0.120%
Slippage unknown: Phemex: live order book, 4 min ago; Variational Omni: RFQ quote, 4 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 Phemex live order book, 4 min ago | 10.03 bp | 24.2 bp −$24 | 31.1 bp −$311 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 4.45 bp | doesn't fit | 13.4 bp −$134 | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4458cheapestOKX0.4458cheapestGate0.4458cheapestBingX0.4459+0.022%Extended0.4460+0.034%Reya0.4460+0.038%Bitget0.4460+0.045%Orderly0.4460+0.045%gTrade (Gains Network)0.4460+0.054%GMX0.4461+0.060%MEXC0.4461+0.067%SunX0.4461+0.067%SoDEX0.4461+0.067%
Bybit
OKX
Gate
BingX
Extended
Reya
Bitget
Orderly
gTrade (Gains Network)
GMX
MEXC
SunX
SoDEXPhemex0.4461+0.067%
Nado0.4461+0.079%Binance0.4462+0.080%KuCoin0.4462+0.090%Backpack0.4462+0.096%Aevo0.4463+0.108%Deribit0.4463+0.112%Polymarket Perps0.4463+0.117%Aster0.4463+0.117%Paradex0.4464+0.139%01 Exchange0.4465+0.153%RISEx0.4465+0.168%Hyperliquid0.4466+0.191%Kraken Futures0.4467+0.212%Lighter0.4469+0.249%Ondo Perps0.4471+0.287%Phoenix0.4471+0.303%dYdX0.4472+0.303%BloFin0.4473+0.336%Injective0.4476+0.404%ApeX Omni0.4479+0.471%edgeX0.4480+0.499%
Nado
Binance
KuCoin
Backpack
Aevo
Deribit
Polymarket Perps
Aster
Paradex
RISEx
Hyperliquid
Kraken Futures
Lighter
Ondo Perps
Phoenix
dYdX
BloFin
Injective
ApeX OmniVariational Omni0.4481+0.515%
HTX0.4482+0.538%Coinbase International0.4484+0.583%
HTX
Coinbase InternationalONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.067% | +0.0100% | 4h | $70.1M | $115.5M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.067% | +0.0100% | 4h | $18.5M | $81.0M | 50x | as long as short |
| Gate ONDO_USDT | −0.067% | −0.0028% | 4h | $11.7M | $19.6M | 50x | as long as short |
| BingX ONDO-USDT | −0.045% | +0.0100% | 4h | — | $23.1M | — | as long as short |
| Extended ONDO-USD | −0.033% | +0.0104% | 1h | $385K | $1.1M | 25x | as long as short |
| Reya ONDORUSDPERP | −0.029% | +0.1125% | 1h | $2K | — | 20x | as long as short |
| Bitget ONDOUSDT | −0.022% | +0.0100% | 4h | $25.1M | $43.3M | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.022% | +0.0093% | 4h | $25K | $6K | 10x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.013% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.007% | L +0.0567% / S −0.0190% | 1h | $508K | — | 100x | as long as short |