Spread before costs (cost unknown: a leg has no order-book sample)−0.352%
7d average+0.018%if it closes, per $10,000$35funding while held, a day+$14.10
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ONDO | 0.4454 | −0.0044 | get 0.0022% / 4h | 3h 19m | $867K | $2.1M | — |
| Short | Deribit ONDO_USDC-PERPETUAL | 0.4438 | 0.0426 | get 0.0053% / 1h | 19m 26s | $19K | $338K | 25x |
Variational Omni ONDO
Deribit ONDO_USDC-PERPETUALPrice 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
- −$35.15
- Funding while held
- $14.1
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Deribit: 3.5 bp × 2 orders
- −$7
- Net
- −$28.06
- Spread needed to break even
- 0.070%
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Deribit: live order book, 56 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0470%
- Per $10,000 a day
- +$14.10
- 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 Variational Omni RFQ quote, 1 min ago | 4.50 bp | doesn't fit | 13.5 bp −$135 | doesn't fit | doesn't fit |
| Sell Deribit live order book, 56 min ago | 6.76 bp | 12.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
ONDO price on every exchange
against the cheapest. Click to use as the short leg.Bybit0.4417cheapestOKX0.4419+0.045%Paradex0.4420+0.058%Gate0.4420+0.068%Extended0.4421+0.093%Reya0.4421+0.098%Binance0.4422+0.115%MEXC0.4423+0.136%KuCoin0.4423+0.136%Bitget0.4423+0.136%BingX0.4423+0.136%gTrade (Gains Network)0.4423+0.140%GMX0.4424+0.147%dYdX0.4424+0.156%Aevo0.4424+0.160%Aster0.4425+0.181%Polymarket Perps0.4425+0.186%RISEx0.4425+0.189%Hyperliquid0.4425+0.190%Nado0.4426+0.198%01 Exchange0.4430+0.299%Phoenix0.4430+0.301%Lighter0.4431+0.308%Orderly0.4435+0.408%SunX0.4435+0.408%Backpack0.4436+0.421%SoDEX0.4436+0.430%Phemex0.4436+0.430%
Bybit
OKX
Paradex
Gate
Extended
Reya
Binance
MEXC
KuCoin
Bitget
BingX
gTrade (Gains Network)
GMX
dYdX
Aevo
Aster
Polymarket Perps
RISEx
Hyperliquid
Nado
Phoenix
Lighter
Orderly
SunX
Backpack
SoDEX
PhemexDeribit0.4438+0.475%
Kraken Futures0.4443+0.593%HTX0.4444+0.611%Injective0.4445+0.634%ApeX Omni0.4450+0.747%Coinbase International0.4451+0.770%BloFin0.4453+0.815%
Kraken Futures
HTX
Injective
ApeX Omni
Coinbase International
BloFinVariational Omni0.4454+0.830%
Ondo Perps0.4466+1.116%edgeX0.4468+1.162%
Ondo PerpsONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.823% | −0.0211% | 4h | $69.2M | $117.6M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.778% | +0.0100% | 4h | $17.7M | $82.9M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.766% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Gate ONDO_USDT | −0.756% | +0.0028% | 4h | $11.6M | $19.1M | 50x | as long as short |
| Extended ONDO-USD | −0.731% | +0.0104% | 1h | $374K | $1.1M | 25x | as long as short |
| Reya ONDORUSDPERP | −0.726% | +0.1128% | 1h | $2K | — | 20x | as long as short |
| Binance ONDOUSDT | −0.709% | +0.0100% | 4h | $67.3M | $229.8M | 75x | as long as short |
| MEXC ONDO_USDT | −0.688% | +0.0100% | 4h | $47.3M | $47.5M | 200x | as long as short |
| KuCoin ONDOUSDTM | −0.688% | +0.0100% | 4h | $13.5M | $10.3M | 50x | as long as short |
| Bitget ONDOUSDT | −0.688% | +0.0100% | 4h | $24.9M | $44.2M | 50x | as long as short |