Spread before costs (cost unknown: a leg has no order-book sample)−0.101%
7d average—if it closes, per $10,000$10funding while held, a day−$30.86
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4465 | 0.1129 | pay 0.0141% / 1h | 1m 06s | $2K | — | 20x |
| Short | Gate ONDO_USDT | 0.4461 | 0.0100 | get 0.0050% / 4h | 3h 01m | $11.7M | $19.3M | 50x |
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
- −$10.05
- Funding while held
- −$30.86
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$61.92
- Spread needed to break even
- 0.210%
Slippage unknown: Reya: no order-book sample; Gate: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1029%
- Per $10,000 a day
- −$30.86
- 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 Reya no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 4 min ago | 2.24 bp | 18.6 bp −$19 | 37.3 bp −$373 | 46.2 bp −$4,623 | 76.7 bp −$38.4K |
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.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| OKX ONDO-USDT-SWAP | −0.101% | +0.0100% | 4h | $17.8M | $82.7M | 50x | as long as short |
| Gate ONDO_USDTshort | −0.101% | +0.0100% | 4h | $11.7M | $19.3M | 50x | |
| Bybit ONDOUSDT | −0.078% | −0.0032% | 4h | $70.4M | $116.8M | 50x | as long as short |
| BingX ONDO-USDC | −0.056% | +0.0100% | 4h | — | $764K | — | as long as short |
| Injective ONDO/USDC PERP | −0.056% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| Phoenix ONDO | −0.047% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| dYdX ONDO-USD | −0.042% | +0.6666% | 1h | $248K | $106K | 5x | as long as short |
| MEXC ONDO_USDT | −0.033% | +0.0100% | 4h | $47.8M | $47.7M | 200x | as long as short |
| Bitget ONDOUSDT | −0.033% | +0.0100% | 4h | $25.3M | $44.2M | 50x | as long as short |
| Phemex ONDOUSDT | −0.033% | +0.0100% | 4h | $4.9M | $5.4M | 50x | as long as short |
Gate ONDO_USDT
OKX
Bybit
BingX
Injective
Phoenix
MEXC
Bitget
Phemex
BloFin
Extended
GMX
Paradex
KuCoin
ApeX Omni
SoDEX
gTrade (Gains Network)
Binance
Backpack
RISEx
SunX
Deribit
Aster
Polymarket Perps
Hyperliquid
Kraken Futures
Lighter
HTX
Variational Omni
Coinbase International