Spread before costs (cost unknown: a leg has no order-book sample)−0.081%
7d average—if it closes, per $10,000$8funding while held, a day+$32.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ONDO | 0.4420 | 0.0036 | pay 0.0004% / 1h | 39m 45s | $28K | $224K | 10x |
| Short | Reya ONDORUSDPERP | 0.4417 | 0.1125 | get 0.0141% / 1h | 39m 45s | $2K | — | 20x |
Phoenix ONDO
Reya ONDORUSDPERPPrice 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
- −$8.11
- Funding while held
- $32.68
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee Reya: 3 bp × 2 orders
- −$6
- Net
- $11.58
- Spread needed to break even
- 0.130%
Slippage unknown: Phoenix: live order book, 65 min ago; Reya: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.1089%
- Per $10,000 a day
- +$32.68
- 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 Phoenix live order book, 65 min ago | 0.89 bp | 12.6 bp −$13 | 51.3 bp −$513 | doesn't fit | doesn't fit |
| Sell Reya no order-book sample | — | — | — | — | — |
Reya: 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.Bybit0.4394cheapestOKX0.4394cheapestParadex0.4395+0.018%MEXC0.4398+0.091%dYdX0.4399+0.124%RISEx0.4400+0.133%KuCoin0.4400+0.137%Binance0.4400+0.141%Gate0.4407+0.296%Bitget0.4407+0.296%BingX0.4407+0.296%Extended0.4407+0.296%Lighter0.4407+0.303%Aster0.4408+0.308%BloFin0.4408+0.319%Coinbase International0.4409+0.341%Hyperliquid0.4412+0.405%SunX0.4412+0.410%01 Exchange0.4412+0.412%SoDEX0.4413+0.432%Backpack0.4413+0.442%Ondo Perps0.4414+0.448%Orderly0.4414+0.455%HTX0.4414+0.455%Deribit0.4415+0.478%gTrade (Gains Network)0.4416+0.494%GMX0.4416+0.496%Phemex0.4416+0.501%Variational Omni0.4416+0.503%Aevo0.4416+0.512%
Bybit
OKX
Paradex
MEXC
dYdX
RISEx
KuCoin
Binance
Gate
Bitget
BingX
Extended
Lighter
Aster
BloFin
Coinbase International
Hyperliquid
SunX
SoDEX
Backpack
Ondo Perps
Orderly
HTX
Deribit
gTrade (Gains Network)
GMX
Phemex
Variational Omni
AevoReya0.4417+0.512%
Nado0.4417+0.523%Polymarket Perps0.4417+0.533%Kraken Futures0.4419+0.579%ApeX Omni0.4420+0.592%
Nado
Polymarket Perps
Kraken Futures
ApeX OmniPhoenix0.4420+0.594%
edgeX0.4424+0.673%Injective0.4476+1.866%
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.590% | +0.0100% | 4h | $68.9M | $117.6M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.590% | +0.0100% | 4h | $18.1M | $80.9M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.573% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| MEXC ONDO_USDT | −0.500% | +0.0100% | 4h | $46.6M | $45.1M | 200x | as long as short |
| dYdX ONDO-USD | −0.467% | +0.9501% | 1h | $244K | $101K | 5x | as long as short |
| RISEx ONDO/USDC | −0.459% | +0.0100% | 1h | — | — | 5x | as long as short |
| KuCoin ONDOUSDTM | −0.455% | +0.0100% | 4h | $13.8M | $10.4M | 50x | as long as short |
| Binance ONDOUSDT | −0.450% | +0.0100% | 4h | $66.2M | $224.6M | 75x | as long as short |
| Gate ONDO_USDT | −0.296% | −0.0012% | 4h | $11.6M | $19.8M | 50x | as long as short |
| Bitget ONDOUSDT | −0.296% | +0.0100% | 4h | $24.8M | $43.9M | 50x | as long as short |