Spread before costs (cost unknown: a leg has no order-book sample)+0.311%
7d average—if it closes, per $10,000$31funding while held, a day−$30.90
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4438 | 0.1130 | pay 0.0141% / 1h | 28m 28s | $2K | — | 20x |
| Short | HTX ONDO-USDT | 0.4452 | 0.0100 | get 0.0050% / 4h | 2h 28m | $110K | $532K | 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
- $31.13
- Funding while held
- −$30.9
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$17.76
- Spread needed to break even
- 0.180%
Slippage unknown: Reya: no order-book sample; HTX: live order book, 11 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1030%
- Per $10,000 a day
- −$30.90
- 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 HTX live order book, 11 min ago | 11.25 bp | 19.7 bp −$20 | doesn't fit | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Phemex ONDOUSDT | −0.139% | +0.0100% | 4h | $4.9M | $5.5M | 50x | as long as short |
| Backpack ONDO_USDC_PERP | −0.119% | +0.0100% | 1h | $240K | $865K | 15x | as long as short |
| Bybit ONDOUSDT | −0.094% | +0.0065% | 4h | $69.9M | $115.2M | 50x | as long as short |
| SunX ONDO-USDT | −0.094% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| SoDEX ONDO-USD | −0.094% | +0.0100% | 1h | $461 | $14K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.072% | +0.0100% | 4h | $17.6M | $80.7M | 50x | as long as short |
| Gate ONDO_USDT | −0.072% | +0.0100% | 4h | $11.7M | $18.7M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.049% | +0.0201% | 1h | $20K | $339K | 25x | as long as short |
| MEXC ONDO_USDT | −0.027% | +0.0100% | 4h | $47.3M | $45.7M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.027% | +0.0100% | 4h | $13.5M | $9.7M | 50x | as long as short |
HTX ONDO-USDT
Phemex
Backpack
Bybit
SunX
SoDEX
OKX
Gate
Deribit
MEXC
KuCoin
BingX
BloFin
GMX
Binance
gTrade (Gains Network)
Kraken Futures
Bitget
Extended
Paradex
Polymarket Perps
RISEx
Hyperliquid
Aster
Variational Omni
Coinbase International
ApeX Omni
Lighter
Phoenix
Injective