Spread before costs (cost unknown: a leg has no order-book sample)+0.153%
7d average—if it closes, per $10,000$15funding while held, a day+$23.93
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SoDEX ONDO-USD | 0.4517 | 0.0100 | pay 0.0013% / 1h | 26m 05s | $2K | $8K | 10x |
| Short | Kraken Futures PF_ONDOUSD | 0.4524 | 0.0898 | get 0.0112% / 1h | 26m 05s | $3.5M | $4.9M | 50x |
SoDEX ONDO-USD
Kraken Futures PF_ONDOUSDPrice 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
- $15.31
- Funding while held
- $23.93
- Slippage, 4 orders
- no order book: not counted
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Fee Kraken Futures: 5 bp × 2 orders
- −$10
- Net
- $21.24
- Spread needed to break even
- 0.180%
Slippage unknown: SoDEX: no order-book sample; Kraken Futures: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0798%
- Per $10,000 a day
- +$23.93
- 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 SoDEX no order-book sample | — | — | — | — | — |
| Sell Kraken Futures live order book, 4 min ago | 7.72 bp | 18.1 bp −$18 | 33.5 bp −$335 | doesn't fit | doesn't fit |
SoDEX: 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.Injective0.4457cheapestParadex0.4512+1.244%Reya0.4513+1.253%Orderly0.4513+1.256%BloFin0.4513+1.256%Extended0.4513+1.265%GMX0.4514+1.270%Gate0.4514+1.279%gTrade (Gains Network)0.4514+1.279%SunX0.4515+1.301%Nado0.4515+1.313%OKX0.4516+1.324%Deribit0.4516+1.324%RISEx0.4516+1.332%Bybit0.4517+1.346%MEXC0.4517+1.346%KuCoin0.4517+1.346%Bitget0.4517+1.346%Aevo0.4517+1.346%
Injective
Paradex
Reya
Orderly
BloFin
Extended
GMX
Gate
gTrade (Gains Network)
SunX
Nado
OKX
Deribit
RISEx
Bybit
MEXC
KuCoin
Bitget
AevoSoDEX0.4517+1.346%
Phemex0.4517+1.346%Polymarket Perps0.4517+1.348%Binance0.4517+1.349%Aster0.4517+1.354%BingX0.4518+1.369%Ondo Perps0.4518+1.371%Backpack0.4519+1.396%dYdX0.4521+1.440%Variational Omni0.4521+1.446%Hyperliquid0.4524+1.501%
Phemex
Polymarket Perps
Binance
Aster
BingX
Ondo Perps
Backpack
dYdX
Variational Omni
HyperliquidKraken Futures0.4524+1.501%
HTX0.4524+1.503%Phoenix0.4524+1.512%Lighter0.4526+1.539%edgeX0.4527+1.567%ApeX Omni0.4534+1.728%Coinbase International0.4539+1.840%
HTX
Phoenix
Lighter
ApeX Omni
Coinbase InternationalONDO on 37 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Injective ONDO/USDC PERP | −1.328% | +0.0824% | 1h | $1K | $88K | 5.5x | as long as short |
| Paradex ONDO-USD-PERP | −0.101% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Reya ONDORUSDPERP | −0.092% | +0.1124% | 1h | $2K | — | 20x | as long as short |
| Orderly PERP_ONDO_USDC | −0.089% | +0.0094% | 4h | $25K | $6K | 10x | as long as short |
| BloFin ONDO-USDT | −0.089% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| Extended ONDO-USD | −0.080% | +0.0104% | 1h | $418K | $1.1M | 25x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.075% | L +0.0573% / S −0.0190% | 1h | $514K | — | 100x | as long as short |
| Gate ONDO_USDT | −0.066% | −0.0070% | 4h | $11.9M | $19.4M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.066% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| SunX ONDO-USDT | −0.044% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
Show all 37 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Nado ONDO-PERP | −0.033% | +0.0100% | 1h | $449K | $518K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.022% | +0.0100% | 4h | $18.6M | $80.7M | 50x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.022% | 0.0000% | 1h | $36K | $237K | 25x | as long as short |
| RISEx ONDO/USDC | −0.014% | +0.0100% | 1h | — | — | 5x | as long as short |
| Bybit ONDOUSDT | 0.000% | +0.0100% | 4h | $70.2M | $112.8M | 50x | as long as short |
| MEXC ONDO_USDT | 0.000% | +0.0100% | 4h | $49.5M | $44.7M | 200x | as long as short |
| KuCoin ONDOUSDTM | 0.000% | +0.0100% | 4h | $14.2M | $10.2M | 50x | as long as short |
| Bitget ONDOUSDT | 0.000% | +0.0100% | 4h | $25.2M | $42.8M | 50x | as long as short |
| Aevo ONDO-PERP | 0.000% | +0.0104% | 1h | $36K | — | 3x | as long as short |
| SoDEX ONDO-USDlong | 0.000% | +0.0100% | 1h | $2K | $8K | 10x | |
| Phemex ONDOUSDT | 0.000% | +0.0100% | 4h | $4.9M | $4.7M | 50x | as long as short |
| Polymarket Perps ONDO-USD | +0.002% | +0.0100% | 1h | $84K | $967K | 10x | as long as short |
| Binance ONDOUSDT | +0.003% | +0.0100% | 4h | $67.5M | $216.9M | 75x | as long as short |
| Aster ONDOUSDT | +0.008% | +0.0100% | 4h | $691K | $1.5M | 20x | as long as short |
| BingX ONDO-USDC | +0.022% | +0.0100% | 4h | — | $766K | — | as long as short |
| Ondo Perps ONDO-USD.P | +0.024% | +0.0100% | 1h | $74K | $101K | 10x | as long as short |
| Backpack ONDO_USDC_PERP | +0.049% | +0.0100% | 1h | $297K | $646K | 15x | as long as short |
| dYdX ONDO-USD | +0.093% | +0.3731% | 1h | $160K | $11K | 5x | as long as short |
| Variational Omni ONDO | +0.098% | +0.0100% | 4h | $916K | $2.0M | — | as long as short |
| Hyperliquid ONDO | +0.153% | +0.0502% | 1h | $42.9M | $27.4M | 10x | as long as short |
| Kraken Futures PF_ONDOUSDshort | +0.153% | +0.0898% | 1h | $3.5M | $4.9M | 50x | |
| HTX ONDO-USDT | +0.155% | +0.0100% | 4h | $129K | $618K | 50x | as long as short |
| Phoenix ONDO | +0.164% | +0.0035% | 1h | $28K | $206K | 10x | as long as short |
| Lighter ONDO | +0.190% | +0.0576% | 1h | $1.2M | $1.9M | 10x | as long as short |
| edgeX ONDOUSDC | +0.218% | +0.0100% | 4h | $4K | $315K | 20x | as long as short |
| ApeX Omni ONDOUSDT | +0.376% | +0.0100% | 1h | $184K | $339K | 50x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.487% | +0.0488% | 1h | $356K | $815K | 50x | as long as short |