Spread before costs (cost unknown: a leg has no order-book sample)−0.058%
7d average—if it closes, per $10,000$6funding while held, a day−$30.71
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4518 | 0.1124 | pay 0.0140% / 1h | 26m 46s | $2K | — | 20x |
| Short | MEXC ONDO_USDT | 0.4515 | 0.0100 | get 0.0050% / 4h | 1h 26m | $49.5M | $44.7M | 200x |
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
- −$5.76
- Funding while held
- −$30.71
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$42.46
- Spread needed to break even
- 0.060%
Slippage unknown: Reya: no order-book sample; MEXC: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1024%
- Per $10,000 a day
- −$30.71
- 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 MEXC live order book, 4 min ago | 1.10 bp | 1.2 bp −$1 | 5.1 bp −$51 | 19.1 bp −$1,915 | 113.8 bp −$56.9K |
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 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.341% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Paradex ONDO-USD-PERP | −0.114% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.102% | +0.0100% | 4h | $18.6M | $80.7M | 50x | as long as short |
| BloFin ONDO-USDT | −0.102% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| Extended ONDO-USD | −0.066% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| Gate ONDO_USDT | −0.058% | −0.0072% | 4h | $11.9M | $19.4M | 50x | as long as short |
| MEXC ONDO_USDTshort | −0.058% | +0.0100% | 4h | $49.5M | $44.7M | 200x | |
| Phemex ONDOUSDT | −0.058% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Bybit ONDOUSDT | −0.013% | +0.0100% | 4h | $70.2M | $112.8M | 50x | as long as short |
| BingX ONDO-USDT | −0.013% | +0.0100% | 4h | — | $22.6M | — | as long as short |
MEXC ONDO_USDT
Injective
Paradex
OKX
BloFin
Extended
Gate
Phemex
Bybit
BingX
Backpack
Bitget
gTrade (Gains Network)
GMX
SunX
SoDEX
RISEx
KuCoin
Deribit
Binance
Aster
Variational Omni
Polymarket Perps
HTX
Kraken Futures
Phoenix
Hyperliquid
Lighter
ApeX Omni
Coinbase International