Spread before costs (cost unknown: a leg has no order-book sample)−0.114%
7d average—if it closes, per $10,000$11funding while held, a day+$1.94
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ONDO | 0.4524 | 0.0035 | pay 0.0004% / 1h | 27m 16s | $28K | $206K | 10x |
| Short | RISEx ONDO/USDC | 0.4519 | 0.0100 | get 0.0013% / 1h | 27m 16s | — | — | 5x |
Phoenix ONDO
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
- −$11.4
- Funding while held
- $1.94
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee RISEx: 3 bp × 2 orders
- −$6
- Net
- −$22.46
- Spread needed to break even
- 0.130%
Slippage unknown: Phoenix: live order book, 17 min ago; RISEx: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0065%
- Per $10,000 a day
- +$1.94
- 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, 17 min ago | 0.89 bp | 12.6 bp −$13 | 51.3 bp −$513 | 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.Injective0.4457cheapestPhemex0.4515+1.301%Reya0.4518+1.360%Extended0.4518+1.366%OKX0.4518+1.369%Gate0.4518+1.369%Orderly0.4518+1.369%Ondo Perps0.4518+1.371%gTrade (Gains Network)0.4518+1.379%GMX0.4519+1.382%Bybit0.4519+1.391%MEXC0.4519+1.391%BingX0.4519+1.391%Nado0.4519+1.391%SunX0.4519+1.391%SoDEX0.4519+1.391%Paradex0.4519+1.391%
Injective
Phemex
Reya
Extended
OKX
Gate
Orderly
Ondo Perps
gTrade (Gains Network)
GMX
Bybit
MEXC
BingX
Nado
SunX
SoDEX
ParadexRISEx0.4519+1.397%
Bitget0.4520+1.414%Deribit0.4520+1.414%Binance0.4520+1.418%KuCoin0.4521+1.436%Variational Omni0.4521+1.446%Aevo0.4522+1.455%Polymarket Perps0.4522+1.470%Aster0.4523+1.482%HTX0.4524+1.503%Kraken Futures0.4524+1.510%
Bitget
Deribit
Binance
KuCoin
Variational Omni
Aevo
Polymarket Perps
Aster
HTX
Kraken FuturesPhoenix0.4524+1.512%
BloFin0.4526+1.548%Hyperliquid0.4526+1.557%Lighter0.4527+1.562%edgeX0.4527+1.567%dYdX0.4527+1.569%Backpack0.4530+1.636%ApeX Omni0.4534+1.728%Coinbase International0.4539+1.840%
BloFin
Hyperliquid
Lighter
dYdX
Backpack
ApeX Omni
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 | −1.490% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Phemex ONDOUSDT | −0.208% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.150% | +0.1124% | 1h | $2K | — | 20x | as long as short |
| Extended ONDO-USD | −0.144% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| OKX ONDO-USDT-SWAP | −0.141% | +0.0100% | 4h | $18.3M | $80.3M | 50x | as long as short |
| Gate ONDO_USDT | −0.141% | −0.0072% | 4h | $11.9M | $19.4M | 50x | as long as short |
| Orderly PERP_ONDO_USDC | −0.141% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| Ondo Perps ONDO-USD.P | −0.139% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.131% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.128% | L +0.0573% / S −0.0190% | 1h | $514K | — | 100x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.119% | +0.0100% | 4h | $70.2M | $112.8M | 50x | as long as short |
| MEXC ONDO_USDT | −0.119% | +0.0100% | 4h | $49.6M | $44.7M | 200x | as long as short |
| BingX ONDO-USDC | −0.119% | +0.0100% | 4h | — | $765K | — | as long as short |
| Nado ONDO-PERP | −0.119% | +0.0100% | 1h | $451K | $518K | 10x | as long as short |
| SunX ONDO-USDT | −0.119% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | −0.119% | +0.0100% | 1h | $2K | $8K | 10x | as long as short |
| Paradex ONDO-USD-PERP | −0.119% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| RISEx ONDO/USDCshort | −0.114% | +0.0100% | 1h | — | — | 5x | |
| Bitget ONDOUSDT | −0.097% | +0.0100% | 4h | $25.2M | $42.8M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.097% | 0.0000% | 1h | $36K | $237K | 25x | as long as short |
| Binance ONDOUSDT | −0.093% | +0.0100% | 4h | $67.5M | $216.7M | 75x | as long as short |
| KuCoin ONDOUSDTM | −0.075% | +0.0100% | 4h | $14.2M | $10.2M | 50x | as long as short |
| Variational Omni ONDO | −0.065% | +0.0100% | 4h | $916K | $2.0M | — | as long as short |
| Aevo ONDO-PERP | −0.056% | +0.0104% | 1h | $36K | — | 3x | as long as short |
| Polymarket Perps ONDO-USD | −0.042% | +0.0100% | 1h | $85K | $966K | 10x | as long as short |
| Aster ONDOUSDT | −0.030% | +0.0100% | 4h | $692K | $1.5M | 20x | as long as short |
| HTX ONDO-USDT | −0.009% | +0.0100% | 4h | $129K | $618K | 50x | as long as short |
| Kraken Futures PF_ONDOUSD | −0.002% | +0.0898% | 1h | $3.5M | $4.9M | 50x | as long as short |
| Phoenix ONDOlong | 0.000% | +0.0035% | 1h | $28K | $206K | 10x | |
| BloFin ONDO-USDT | +0.035% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| Hyperliquid ONDO | +0.044% | +0.0495% | 1h | $42.9M | $27.4M | 10x | as long as short |
| Lighter ONDO | +0.049% | +0.0576% | 1h | $1.2M | $1.9M | 10x | as long as short |
| edgeX ONDOUSDC | +0.054% | +0.0100% | 4h | $4K | $315K | 20x | as long as short |
| dYdX ONDO-USD | +0.056% | +0.3847% | 1h | $161K | $11K | 5x | as long as short |
| Backpack ONDO_USDC_PERP | +0.122% | +0.0100% | 1h | $297K | $646K | 15x | as long as short |
| ApeX Omni ONDOUSDT | +0.212% | +0.0100% | 1h | $184K | $339K | 50x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.323% | +0.0488% | 1h | $356K | $815K | 50x | as long as short |