Spread before costs (cost unknown: a leg has no order-book sample)−0.163%
7d average—if it closes, per $10,000$16funding while held, a day−$3.96
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | 01 Exchange ONDOUSD | 0.4425 | 0.0232 | pay 0.0029% / 1h | 12m 24s | $364 | $1K | 10x |
| Short | MEXC ONDO_USDT | 0.4418 | 0.0100 | get 0.0050% / 4h | 2h 12m | $47.7M | $45.9M | 200x |
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
- −$16.27
- Funding while held
- −$3.96
- Slippage, 4 orders
- no order book: not counted
- Fee 01 Exchange: 3.5 bp × 2 orders
- −$7
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$27.23
- Spread needed to break even
- 0.070%
Slippage unknown: 01 Exchange: no order-book sample; MEXC: live order book, 3 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0132%
- Per $10,000 a day
- −$3.96
- 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 MEXC live order book, 3 min ago | 1.13 bp | 3.0 bp −$3 | 6.6 bp −$66 | 17.6 bp −$1,764 | 106.5 bp −$53.2K |
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 | |
|---|---|---|---|---|---|---|---|
| KuCoin ONDOUSDTM | −0.253% | +0.0100% | 4h | $13.4M | $9.8M | 50x | as long as short |
| Bybit ONDOUSDT | −0.230% | −0.0018% | 4h | $69.3M | $114.8M | 50x | as long as short |
| OKX ONDO-USDT-SWAP | −0.208% | +0.0100% | 4h | $17.5M | $79.9M | 50x | as long as short |
| Bitget ONDOUSDT | −0.208% | +0.0100% | 4h | $25.0M | $42.3M | 50x | as long as short |
| Reya ONDORUSDPERP | −0.203% | +0.1131% | 1h | $2K | — | 20x | as long as short |
| MEXC ONDO_USDTshort | −0.163% | +0.0100% | 4h | $47.7M | $45.9M | 200x | |
| gTrade (Gains Network) ONDO/USD | −0.158% | L +0.0003% / S −0.0007% | 1h | $7K | — | 150x | as long as short |
| Polymarket Perps ONDO-USD | −0.142% | +0.0100% | 1h | $86K | $981K | 10x | as long as short |
| Gate ONDO_USDT | −0.140% | +0.0034% | 4h | $11.6M | $18.8M | 50x | as long as short |
| Extended ONDO-USD | −0.101% | +0.0104% | 1h | $374K | $947K | 25x | as long as short |
MEXC ONDO_USDT
KuCoin
Bybit
OKX
Bitget
gTrade (Gains Network)
Polymarket Perps
Gate
Extended
Binance
BingX
RISEx
Paradex
Hyperliquid
SunX
Phemex
Aster
GMX
SoDEX
Deribit
Backpack
BloFin
Kraken Futures
Lighter
ApeX Omni
HTX
Variational Omni
Phoenix
Coinbase International
Injective