Spread before costs (cost unknown: a leg has no order-book sample)+0.319%
7d average—if it closes, per $10,000$32funding while held, a day−$32.68
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Reya ONDORUSDPERP | 0.4406 | 0.1125 | pay 0.0141% / 1h | 40m 39s | $2K | — | 20x |
| Short | Phoenix ONDO | 0.4420 | 0.0036 | get 0.0004% / 1h | 40m 39s | $28K | $224K | 10x |
Reya ONDORUSDPERP
Phoenix ONDOPrice 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
- $31.89
- Funding while held
- −$32.68
- Slippage, 4 orders
- no order book: not counted
- Fee Reya: 3 bp × 2 orders
- −$6
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$13.79
- Spread needed to break even
- 0.130%
Slippage unknown: Reya: no order-book sample; Phoenix: live order book, 64 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.1089%
- Per $10,000 a day
- −$32.68
- 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 Phoenix live order book, 64 min ago | 0.89 bp | 12.6 bp −$13 | 43.6 bp −$436 | 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.Bybit0.4395cheapestAster0.4396+0.033%OKX0.4398+0.068%BingX0.4398+0.068%Paradex0.4398+0.079%dYdX0.4399+0.088%Gate0.4399+0.091%KuCoin0.4399+0.091%Extended0.4400+0.106%RISEx0.4400+0.110%MEXC0.4400+0.114%Binance0.4400+0.118%Hyperliquid0.4401+0.127%Bitget0.4401+0.137%Nado0.4402+0.159%Backpack0.4404+0.193%Orderly0.4405+0.228%GMX0.4405+0.228%SoDEX0.4406+0.250%Coinbase International0.4406+0.250%
Bybit
Aster
OKX
BingX
Paradex
dYdX
Gate
KuCoin
Extended
RISEx
MEXC
Binance
Hyperliquid
Bitget
Nado
Backpack
Orderly
GMX
SoDEX
Coinbase InternationalReya0.4406+0.251%
Lighter0.4406+0.253%gTrade (Gains Network)0.4407+0.262%SunX0.4407+0.273%Deribit0.4408+0.296%BloFin0.4408+0.296%Phemex0.4409+0.319%Aevo0.4410+0.341%Kraken Futures0.4411+0.373%01 Exchange0.4412+0.389%Ondo Perps0.4414+0.425%HTX0.4416+0.478%Variational Omni0.4416+0.480%Polymarket Perps0.4417+0.505%ApeX Omni0.4420+0.569%
Lighter
gTrade (Gains Network)
SunX
Deribit
BloFin
Phemex
Aevo
Kraken Futures
Ondo Perps
HTX
Variational Omni
Polymarket Perps
ApeX OmniPhoenix0.4420+0.571%
edgeX0.4424+0.650%Injective0.4476+1.843%
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.251% | +0.0100% | 4h | $68.9M | $117.1M | 50x | as long as short |
| Aster ONDOUSDT | −0.218% | +0.0100% | 4h | $676K | $1.6M | 20x | as long as short |
| OKX ONDO-USDT-SWAP | −0.183% | +0.0100% | 4h | $18.1M | $80.9M | 50x | as long as short |
| BingX ONDO-USDC | −0.183% | +0.0100% | 4h | — | $764K | — | as long as short |
| Paradex ONDO-USD-PERP | −0.172% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| dYdX ONDO-USD | −0.163% | +0.9582% | 1h | $244K | $101K | 5x | as long as short |
| Gate ONDO_USDT | −0.160% | −0.0012% | 4h | $11.5M | $19.8M | 50x | as long as short |
| KuCoin ONDOUSDTM | −0.160% | +0.0100% | 4h | $13.7M | $10.4M | 50x | as long as short |
| Extended ONDO-USD | −0.145% | +0.0104% | 1h | $374K | $1.1M | 25x | as long as short |
| RISEx ONDO/USDC | −0.141% | +0.0100% | 1h | — | — | 5x | as long as short |