Spread before costs (cost unknown: a leg has no order-book sample)+0.045%
7d average—if it closes, per $10,000$4funding while held, a day+$5.76
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ONDOUSD | 0.4472 | 0.0232 | pay 0.0029% / 1h | 59m 42s | $368 | $1K | 10x |
| Short | Lighter ONDO | 0.4474 | 0.0424 | get 0.0053% / 1h | 59m 42s | $1.2M | $1.8M | 10x |
Price 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
- $4.47
- Funding while held
- $5.76
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee Lighter: 0 bp × 2 orders
- $0
- Net
- $3.23
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; Lighter: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0192%
- Per $10,000 a day
- +$5.76
- 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 Lighter live order book, 3 min ago | 1.01 bp | 1.9 bp −$2 | 12.7 bp −$127 | 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.ONDO on 38 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| RISEx ONDO/USDC | −0.270% | +0.0100% | 1h | — | — | 5x | as long as short |
| BingX ONDO-USDC | −0.264% | +0.0100% | 4h | — | $765K | — | as long as short |
| Variational Omni ONDO | −0.255% | −0.0063% | 4h | $853K | $2.0M | — | as long as short |
| Bitget ONDOUSDT | −0.242% | +0.0100% | 4h | $25.2M | $44.1M | 50x | as long as short |
| Ondo Perps ONDO-USD.P | −0.217% | +0.0100% | 1h | $74K | $90K | 10x | as long as short |
| OKX ONDO-USDT-SWAP | −0.197% | +0.0100% | 4h | $17.8M | $82.5M | 50x | as long as short |
| Gate ONDO_USDT | −0.197% | +0.0096% | 4h | $11.7M | $18.5M | 50x | as long as short |
| Injective ONDO/USDC PERP | −0.197% | +0.1162% | 1h | $1K | $85K | 5.5x | as long as short |
| Phoenix ONDO | −0.188% | +0.0162% | 1h | $28K | $244K | 10x | as long as short |
| BloFin ONDO-USDT | −0.174% | +0.0340% | 4h | $3.3M | $3.3M | 75x | as long as short |
Show all 38 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Bybit ONDOUSDT | −0.152% | +0.0004% | 4h | $70.4M | $116.7M | 50x | as long as short |
| ApeX Omni ONDOUSDT | −0.152% | +0.0100% | 1h | $180K | $370K | 50x | as long as short |
| Extended ONDO-USD | −0.145% | +0.0104% | 1h | $378K | $1.1M | 25x | as long as short |
| Nado ONDO-PERP | −0.141% | +0.0100% | 1h | $466K | $641K | 10x | as long as short |
| KuCoin ONDOUSDTM | −0.130% | +0.0100% | 4h | $13.6M | $9.8M | 50x | as long as short |
| Paradex ONDO-USD-PERP | −0.130% | +0.0100% | 8h | $6K | $9 | 10x | as long as short |
| Reya ONDORUSDPERP | −0.104% | +0.1129% | 1h | $2K | — | 20x | as long as short |
| dYdX ONDO-USD | −0.100% | +0.6765% | 1h | $253K | $111K | 5x | as long as short |
| GMX ONDO/USD [ETH-USDC] | −0.088% | L +0.0579% / S −0.0197% | 1h | $518K | — | 100x | as long as short |
| Binance ONDOUSDT | −0.085% | +0.0100% | 4h | $66.9M | $227.8M | 75x | as long as short |
| MEXC ONDO_USDT | −0.085% | +0.0100% | 4h | $47.9M | $45.4M | 200x | as long as short |
| Orderly PERP_ONDO_USDC | −0.085% | +0.0095% | 4h | $25K | $8K | 10x | as long as short |
| SoDEX ONDO-USD | −0.085% | +0.0100% | 1h | $464 | $14K | 10x | as long as short |
| Phemex ONDOUSDT | −0.085% | +0.0100% | 4h | $5.0M | $5.4M | 50x | as long as short |
| gTrade (Gains Network) ONDO/USD | −0.076% | L +0.0003% / S −0.0010% | 1h | $9K | — | 150x | as long as short |
| SunX ONDO-USDT | −0.063% | +0.0100% | 4h | — | $1.4M | 20x | as long as short |
| Polymarket Perps ONDO-USD | −0.045% | +0.0100% | 1h | $79K | $1.0M | 10x | as long as short |
| Deribit ONDO_USDC-PERPETUAL | −0.040% | +0.0422% | 1h | $20K | $339K | 25x | as long as short |
| Aevo ONDO-PERP | −0.034% | +0.0104% | 1h | $35K | — | 3x | as long as short |
| Hyperliquid ONDO | −0.029% | +0.0100% | 1h | $40.6M | $26.8M | 10x | as long as short |
| Backpack ONDO_USDC_PERP | −0.011% | +0.0100% | 1h | $234K | $865K | 15x | as long as short |
| Aster ONDOUSDT | −0.011% | +0.0100% | 4h | $747K | $1.9M | 20x | as long as short |
| 01 Exchange ONDOUSDlong | 0.000% | +0.0232% | 1h | $368 | $1K | 10x | |
| HTX ONDO-USDT | +0.004% | +0.0100% | 4h | $108K | $530K | 50x | as long as short |
| Lighter ONDOshort | +0.045% | +0.0424% | 1h | $1.2M | $1.8M | 10x | |
| Kraken Futures PF_ONDOUSD | +0.069% | +0.1031% | 1h | $3.6M | $5.0M | 50x | as long as short |
| edgeX ONDOUSDC | +0.094% | +0.0100% | 4h | $5K | $319K | 20x | as long as short |
| Coinbase International ONDO-PERP-INTX | +0.318% | +0.0464% | 1h | $348K | $842K | 50x | as long as short |
Lighter ONDO
RISEx
BingX
Variational Omni
Bitget
OKX
Gate
Injective
Phoenix
BloFin
Bybit
ApeX Omni
Extended
KuCoin
Paradex
GMX
Binance
MEXC
SoDEX
Phemex
gTrade (Gains Network)
SunX
Polymarket Perps
Deribit
Hyperliquid
Backpack
Aster
HTX
Kraken Futures
Coinbase International