Spread before costs (cost unknown: a leg has no order-book sample)+0.174%
7d average—if it closes, per $10,000$17funding while held, a day−$30.77
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4393 | 0.1125 | pay 0.0141% / 1h | 33m 21s | $2K | — | 20x |
| Short | Paradex ONDO-USD-PERP | 0.4401 | 0.0100 | get 0.0100% / 8h | 33m 21s | $6K | $9 | 10x |
Reya ONDORUSDPERP
Paradex ONDO-USD-PERPPrice 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
- $17.39
- Funding while held
- −$30.77
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Paradex: 2 bp × 2 orders
- −$4
- Net
- −$23.38
- Spread needed to break even
- 0.100%
Slippage unknown: Reya: no order-book sample; Paradex: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1026%
- Per $10,000 a day
- −$30.77
- 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 Paradex no order-book sample | — | — | — | — | — |
Reya and Paradex: 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 Perps0.4371cheapestBybit0.4390+0.428%ApeX Omni0.4390+0.428%OKX0.4392+0.474%Nado0.4392+0.479%Bitget0.4393+0.496%BingX0.4393+0.496%BloFin0.4393+0.496%
Ondo Perps
Bybit
ApeX Omni
OKX
Nado
Bitget
BingX
BloFinReya0.4393+0.505%
Gate0.4394+0.519%Orderly0.4394+0.519%Variational Omni0.4394+0.521%gTrade (Gains Network)0.4395+0.539%GMX0.4395+0.539%MEXC0.4395+0.542%KuCoin0.4395+0.542%Deribit0.4395+0.542%edgeX0.4395+0.543%Binance0.4396+0.564%Aevo0.4396+0.576%Polymarket Perps0.4397+0.579%Extended0.4398+0.606%Hyperliquid0.4398+0.620%RISEx0.4399+0.628%Coinbase International0.4400+0.657%01 Exchange0.4401+0.673%
Gate
Orderly
Variational Omni
gTrade (Gains Network)
GMX
MEXC
KuCoin
Deribit
Binance
Aevo
Polymarket Perps
Extended
Hyperliquid
RISEx
Coinbase InternationalParadex0.4401+0.679%
Aster0.4401+0.682%Phoenix0.4403+0.734%dYdX0.4407+0.812%Phemex0.4411+0.908%Lighter0.4412+0.924%SunX0.4412+0.931%SoDEX0.4412+0.931%Backpack0.4414+0.970%HTX0.4417+1.045%Kraken Futures0.4418+1.058%Injective0.4419+1.091%
Aster
Phoenix
dYdX
Phemex
Lighter
SunX
SoDEX
Backpack
HTX
Kraken Futures
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.P | −0.502% | +0.0100% | 1h | $73K | $92K | 10x | as long as short |
| Bybit ONDOUSDT | −0.076% | +0.0100% | 4h | $69.0M | $118.4M | 50x | as long as short |
| ApeX Omni ONDOUSDT | −0.076% | +0.0100% | 1h | $180K | $359K | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.031% | +0.0100% | 4h | $17.9M | $81.5M | 50x | as long as short |
| Nado ONDO-PERP | −0.025% | +0.0100% | 1h | $423K | $571K | 10x | as long as short |
| Bitget ONDOUSDT | −0.008% | +0.0100% | 4h | $24.7M | $44.1M | 50x | as long as short |
| BingX ONDO-USDT | −0.008% | +0.0100% | 4h | — | $23.4M | — | as long as short |
| BloFin ONDO-USDT | −0.008% | +0.0340% | 4h | $3.4M | $3.3M | 75x | as long as short |
| Reya ONDORUSDPERPlong | 0.000% | +0.1125% | 1h | $2K | — | 20x | |
| Gate ONDO_USDT | +0.015% | −0.0018% | 4h | $11.5M | $19.9M | 50x | as long as short |