ONDO

Alert

After costs, if the gap returns to its 7d average, $10k−$179

spread now−0.091%7d average+0.025%fees + slippage, in and out−$167spread needed1.673%

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ONDO-USDT	0.4503	0.0100	pay 0.0050% / 4h	3h 30m	—	$1.4M	20x
Short	Backpack ONDO_USDC_PERP	0.4499	0.0100	get 0.0013% / 1h	30m 40s	$238K	$868K	15x

Price spread history

latest

Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs

Backtest 7 days Backtest 30 days Backtest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Position, each leg$Hold forhoursFee SunXbpFee BackpackbpOrdersClose when spread is

Spread captured: −$9.11
Funding while held: $0
Slippage, 4 orders: −$147.34
Fee SunX: 5 bp × 2 orders: −$10
Fee Backpack: 5 bp × 2 orders: −$10
Net: −$176.45
Spread needed to break even: 1.673%

Slippage from SunX: live order book, 10 min ago; Backpack: live order book, 15 min ago.

Cost of waiting

funding view

Funding /8h: 0.0000%
Per $10,000 a day: +$0.00
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 SunX live order book, 10 min ago	47.81 bp	72.3 bp −$72	doesn't fit	doesn't fit	doesn't fit
Sell Backpack live order book, 15 min ago	2.77 bp	12.1 bp −$12	doesn't fit	doesn't fit	doesn't fit

ONDO price on every exchange

against the cheapest. Click to use as the short leg.

ONDO on 38 venues

cheapest first. Swap a leg.

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
Injective ONDO/USDC PERP	−1.288%	+0.1162%	1h	$1K	$85K	5.5x	as long as short
edgeX ONDOUSDC	−0.619%	+0.0100%	4h	$5K	$319K	20x	as long as short
Bybit ONDOUSDT	−0.489%	−0.0372%	4h	$70.2M	$117.9M	50x	as long as short
OKX ONDO-USDT-SWAP	−0.489%	+0.0100%	4h	$18.0M	$84.2M	50x	as long as short
BingX ONDO-USDC	−0.466%	+0.0100%	4h	—	$765K	—	as long as short
Ondo Perps ONDO-USD.P	−0.462%	+0.0100%	1h	$75K	$94K	10x	as long as short
Phoenix ONDO	−0.437%	+0.0162%	1h	$28K	$244K	10x	as long as short
Paradex ONDO-USD-PERP	−0.424%	+0.0100%	8h	$6K	$9	10x	as long as short
MEXC ONDO_USDT	−0.422%	+0.0100%	4h	$49.2M	$47.2M	200x	as long as short
KuCoin ONDOUSDTM	−0.422%	+0.0100%	4h	$13.8M	$10.4M	50x	as long as short

Show all 38 venues

Exchange	vs long leg	Funding /8h	Every	OI	Vol 24h	Max lev
ApeX Omni ONDOUSDT	−0.422%	+0.0100%	1h	$181K	$387K	50x	as long as short
Binance ONDOUSDT	−0.393%	+0.0100%	4h	$68.3M	$229.7M	75x	as long as short
Variational Omni ONDO	−0.383%	−0.0025%	4h	$923K	$2.0M	—	as long as short
Bitget ONDOUSDT	−0.378%	+0.0100%	4h	$25.3M	$44.2M	50x	as long as short
dYdX ONDO-USD	−0.367%	+0.5034%	1h	$249K	$105K	5x	as long as short
Extended ONDO-USD	−0.319%	+0.0104%	1h	$378K	$1.1M	25x	as long as short
Gate ONDO_USDT	−0.311%	+0.0100%	4h	$11.8M	$19.0M	50x	as long as short
Hyperliquid ONDO	−0.310%	+0.0195%	1h	$41.1M	$27.5M	10x	as long as short
Aster ONDOUSDT	−0.262%	+0.0100%	4h	$750K	$1.9M	20x	as long as short
Lighter ONDO	−0.229%	+0.0472%	1h	$1.2M	$2.0M	10x	as long as short
Nado ONDO-PERP	−0.178%	+0.0100%	1h	$474K	$625K	10x	as long as short
Reya ONDORUSDPERP	−0.163%	+0.1128%	1h	$2K	—	20x	as long as short
BloFin ONDO-USDT	−0.155%	+0.0340%	4h	$3.4M	$3.4M	75x	as long as short
Phemex ONDOUSDT	−0.133%	−0.0133%	4h	$5.0M	$5.4M	50x	as long as short
RISEx ONDO/USDC	−0.117%	+0.0100%	1h	—	—	5x	as long as short
SoDEX ONDO-USD	−0.111%	+0.0100%	1h	$468	$15K	10x	as long as short
Polymarket Perps ONDO-USD	−0.095%	+0.0100%	1h	$88K	$1.0M	10x	as long as short
Backpack ONDO_USDC_PERPshort	−0.091%	+0.0100%	1h	$238K	$868K	15x
Orderly PERP_ONDO_USDC	−0.089%	+0.0094%	4h	$25K	$8K	10x	as long as short
Coinbase International ONDO-PERP-INTX	−0.067%	+0.0464%	1h	$355K	$840K	50x	as long as short
gTrade (Gains Network) ONDO/USD	−0.057%	L +0.0003% / S −0.0007%	1h	$7K	—	150x	as long as short
GMX ONDO/USD [ETH-USDC]	−0.051%	L +0.0580% / S −0.0197%	1h	$521K	—	100x	as long as short
Aevo ONDO-PERP	−0.051%	+0.0104%	1h	$35K	—	3x	as long as short
Deribit ONDO_USDC-PERPETUAL	−0.044%	+0.0417%	1h	$20K	$338K	25x	as long as short
01 Exchange ONDOUSD	−0.038%	+0.0264%	1h	$370	$1K	10x	as long as short
SunX ONDO-USDTlong	0.000%	+0.0100%	4h	—	$1.4M	20x
Kraken Futures PF_ONDOUSD	+0.021%	+0.1025%	1h	$3.6M	$5.2M	50x	as long as short
HTX ONDO-USDT	+0.044%	+0.0100%	4h	$131K	$457K	50x	as long as short