Spread before costs (cost unknown: a leg has no order-book sample)−0.143%
7d average—if it closes, per $10,000$14funding while held, a day+$5.54
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | RISEx ONDO/USDC | 0.4480 | 0.0100 | pay 0.0013% / 1h | 47m 53s | — | — | 5x |
| Short | Hyperliquid ONDO | 0.4474 | 0.0285 | get 0.0036% / 1h | 47m 53s | $41.7M | $28.0M | 10x |
RISEx ONDO/USDC
Hyperliquid 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
- −$14.3
- Funding while held
- $5.54
- Slippage, 4 orders
- no order book: not counted
- Fee RISEx: 3 bp × 2 orders
- −$6
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$23.76
- Spread needed to break even
- 0.150%
Slippage unknown: RISEx: no order-book sample; Hyperliquid: live order book, 7 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0185%
- Per $10,000 a day
- +$5.54
- 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 RISEx no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 7 min ago | 0.45 bp | 5.2 bp −$5 | doesn't fit | doesn't fit | doesn't fit |
RISEx: 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.Orderly0.4465cheapestBinance0.4466+0.015%OKX0.4466+0.022%MEXC0.4466+0.022%Extended0.4466+0.026%Bybit0.4467+0.045%Gate0.4467+0.045%Bitget0.4468+0.067%GMX0.4468+0.069%Reya0.4468+0.077%KuCoin0.4469+0.090%BingX0.4469+0.090%SunX0.4469+0.090%SoDEX0.4469+0.090%gTrade (Gains Network)0.4469+0.093%Aevo0.4470+0.111%Deribit0.4470+0.112%Phemex0.4470+0.112%Backpack0.4470+0.121%Ondo Perps0.4471+0.130%Aster0.4473+0.170%Paradex0.4473+0.173%Nado0.4473+0.179%
Orderly
Binance
OKX
MEXC
Extended
Bybit
Gate
Bitget
GMX
Reya
KuCoin
BingX
SunX
SoDEX
gTrade (Gains Network)
Aevo
Deribit
Phemex
Backpack
Ondo Perps
Aster
Paradex
NadoHyperliquid0.4474+0.197%
Coinbase International0.4474+0.202%dYdX0.4475+0.224%Injective0.4476+0.246%Kraken Futures0.4477+0.259%Lighter0.4477+0.267%Polymarket Perps0.4480+0.327%
Coinbase International
dYdX
Injective
Kraken Futures
Lighter
Polymarket PerpsRISEx0.4480+0.341%
Variational Omni0.4481+0.357%01 Exchange0.4482+0.372%Phoenix0.4485+0.448%BloFin0.4487+0.493%HTX0.4490+0.560%edgeX0.4492+0.607%ApeX Omni0.4499+0.761%
Variational Omni
Phoenix
BloFin
HTX
ApeX OmniONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ONDO_USDC | −0.339% | +0.0093% | 4h | $25K | $6K | 10x | as long as short |
| Binance ONDOUSDT | −0.324% | +0.0100% | 4h | $67.1M | $221.8M | 75x | as long as short |
| OKX ONDO-USDT-SWAP | −0.317% | +0.0100% | 4h | $18.5M | $81.0M | 50x | as long as short |
| MEXC ONDO_USDT | −0.317% | +0.0100% | 4h | $50.9M | $44.3M | 200x | as long as short |
| Extended ONDO-USD | −0.314% | +0.0104% | 1h | $388K | $1.1M | 25x | as long as short |
| Bybit ONDOUSDT | −0.295% | +0.0100% | 4h | $70.2M | $115.4M | 50x | as long as short |
| Gate ONDO_USDT | −0.295% | −0.0024% | 4h | $11.7M | $19.6M | 50x | as long as short |
| Bitget ONDOUSDT | −0.272% | +0.0100% | 4h | $25.1M | $43.3M | 50x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.270% | L +0.0568% / S −0.0190% | 1h | $510K | — | 100x | as long as short |
| Reya ONDORUSDPERP | −0.263% | +0.1125% | 1h | $2K | — | 20x | as long as short |