Spread before costs (cost unknown: a leg has no order-book sample)−0.289%
7d average—if it closes, per $10,000$29funding while held, a day+$4.52
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ONDO | 0.4441 | −0.0051 | get 0.0025% / 4h | 2h 20m | $771K | $2.1M | — |
| Short | Ondo Perps ONDO-USD.P | 0.4428 | 0.0100 | get 0.0013% / 1h | 20m 59s | $74K | $86K | 10x |
Variational Omni ONDO
Ondo Perps ONDO-USD.PPrice 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
- −$28.92
- Funding while held
- $4.52
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$29.41
- Spread needed to break even
- 0.050%
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Ondo Perps: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0151%
- Per $10,000 a day
- +$4.52
- 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, 5 min ago | 5.63 bp | doesn't fit | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Ondo Perps: 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.Ondo Perps0.4428cheapest
Phoenix0.4433+0.111%ApeX Omni0.4433+0.115%edgeX0.4438+0.235%
Phoenix
ApeX OmniVariational Omni0.4441+0.290%
Bybit0.4444+0.364%OKX0.4444+0.364%Gate0.4444+0.364%dYdX0.4444+0.373%Paradex0.4445+0.375%BingX0.4445+0.386%BloFin0.4445+0.386%Extended0.4445+0.388%KuCoin0.4446+0.409%Binance0.4447+0.421%Nado0.4447+0.431%MEXC0.4447+0.431%Bitget0.4447+0.431%Phemex0.4447+0.431%Reya0.4449+0.471%SunX0.4449+0.477%GMX0.4449+0.484%Backpack0.4450+0.492%Aster0.4450+0.499%Orderly0.4450+0.499%Hyperliquid0.4451+0.513%gTrade (Gains Network)0.4451+0.515%RISEx0.4451+0.518%SoDEX0.4451+0.522%Coinbase International0.4451+0.522%01 Exchange0.4451+0.528%HTX0.4452+0.544%Polymarket Perps0.4453+0.558%Aevo0.4453+0.567%Deribit0.4454+0.589%Kraken Futures0.4455+0.610%Lighter0.4459+0.696%Injective0.4463+0.793%
Bybit
OKX
Gate
dYdX
Paradex
BingX
BloFin
Extended
KuCoin
Binance
Nado
MEXC
Bitget
Phemex
Reya
SunX
GMX
Backpack
Aster
Orderly
Hyperliquid
gTrade (Gains Network)
RISEx
SoDEX
Coinbase International
HTX
Polymarket Perps
Aevo
Deribit
Kraken Futures
Lighter
InjectiveONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Ondo Perps ONDO-USD.Pshort | −0.289% | +0.0100% | 1h | $74K | $86K | 10x | |
| Phoenix ONDO | −0.179% | +0.0143% | 1h | $28K | $263K | 10x | as long as short |
| ApeX Omni ONDOUSDT | −0.174% | +0.0100% | 1h | $176K | $307K | 50x | as long as short |
| edgeX ONDOUSDC | −0.055% | +0.0100% | 4h | $5K | $318K | 20x | as long as short |
| Variational Omni ONDOlong | 0.000% | −0.0051% | 4h | $771K | $2.1M | — | |
| Bybit ONDOUSDT | +0.073% | +0.0056% | 4h | $69.8M | $115.0M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | +0.073% | +0.0100% | 4h | $17.6M | $80.5M | 50x | as long as short |
| Gate ONDO_USDT | +0.073% | +0.0086% | 4h | $11.7M | $18.8M | 50x | as long as short |
| dYdX ONDO-USD | +0.082% | +0.8992% | 1h | $251K | $116K | 5x | as long as short |
| Paradex ONDO-USD-PERP | +0.085% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |