Spread before costs (cost unknown: a leg has no order-book sample)−0.025%
7d average—if it closes, per $10,000$2funding while held, a day−$3.33
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ONDOUSD | 0.4420 | 0.0344 | pay 0.0043% / 1h | 16m 15s | $364 | $1K | 10x |
| Short | Hyperliquid ONDO | 0.4419 | 0.0233 | get 0.0029% / 1h | 16m 15s | $40.1M | $29.3M | 10x |
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
- −$2.49
- Funding while held
- −$3.33
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Hyperliquid: 4.5 bp × 2 orders
- −$9
- Net
- −$21.82
- Spread needed to break even
- 0.160%
Slippage unknown: 01 Exchange: no order-book sample; Hyperliquid: live order book, 8 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0111%
- Per $10,000 a day
- −$3.33
- 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 01 Exchange no order-book sample | — | — | — | — | — |
| Sell Hyperliquid live order book, 8 min ago | 0.11 bp | 7.0 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
01 Exchange: 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.Variational Omni0.4393cheapestedgeX0.4403+0.221%Phemex0.4407+0.316%dYdX0.4408+0.339%BloFin0.4409+0.361%Backpack0.4410+0.375%Bybit0.4411+0.407%Phoenix0.4411+0.418%OKX0.4413+0.452%Extended0.4414+0.470%Gate0.4414+0.475%BingX0.4414+0.475%Orderly0.4414+0.475%Nado0.4414+0.481%GMX0.4414+0.484%Paradex0.4415+0.487%Reya0.4415+0.490%KuCoin0.4415+0.498%ApeX Omni0.4415+0.498%SoDEX0.4415+0.498%gTrade (Gains Network)0.4415+0.503%RISEx0.4416+0.519%MEXC0.4416+0.521%Bitget0.4416+0.521%SunX0.4416+0.521%Aster0.4417+0.543%Binance0.4417+0.543%Polymarket Perps0.4417+0.548%Deribit0.4418+0.566%HTX0.4418+0.566%Aevo0.4419+0.578%Injective0.4419+0.589%
Variational Omni
Phemex
dYdX
BloFin
Backpack
Bybit
Phoenix
OKX
Extended
Gate
BingX
Orderly
Nado
GMX
Paradex
Reya
KuCoin
ApeX Omni
SoDEX
gTrade (Gains Network)
RISEx
MEXC
Bitget
SunX
Aster
Binance
Polymarket Perps
Deribit
HTX
Aevo
InjectiveHyperliquid0.4419+0.591%
Ondo Perps0.4420+0.605%Coinbase International0.4420+0.612%Lighter0.4421+0.632%Kraken Futures0.4423+0.670%
Ondo Perps
Coinbase International
Lighter
Kraken FuturesONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ONDO | −0.612% | +0.0100% | 4h | $895K | $2.0M | — | as long as short |
| edgeX ONDOUSDC | −0.393% | +0.0100% | 4h | $5K | $318K | 20x | as long as short |
| Phemex ONDOUSDT | −0.299% | +0.0100% | 4h | $5.0M | $5.2M | 50x | as long as short |
| dYdX ONDO-USD | −0.276% | +0.8830% | 1h | $245K | $101K | 5x | as long as short |
| BloFin ONDO-USDT | −0.253% | +0.0340% | 4h | $3.3M | $3.4M | 75x | as long as short |
| Backpack ONDO_USDC_PERP | −0.240% | +0.0100% | 1h | $219K | $838K | 15x | as long as short |
| Bybit ONDOUSDT | −0.208% | +0.0100% | 4h | $69.3M | $118.6M | 50x | as long as short |
| Phoenix ONDO | −0.197% | +0.0036% | 1h | $27K | $224K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.163% | +0.0100% | 4h | $18.0M | $82.3M | 50x | as long as short |
| Extended ONDO-USD | −0.146% | +0.0104% | 1h | $373K | $1.1M | 25x | as long as short |