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dYdX vs Ondo

Same trade, two venues, full execution cost — fee, spread and slippage measured on live BTC order books, not copied from fee pages. Numbers refresh every minute.

Ondo is cheaper right now for a $100K BTC futures trade — $45.17 less per trade (7.45 bps vs 11.96 bps).

At $100K · futuresdYdXOndo
Rank of all venues#45#40
All-in cost11.96 bps7.45 bps
On a $100K trade$119.65$74.47
Fee (after discounts)5.00 bps3.50 bps
Spread2.68 bps2.84 bps
Slippage4.29 bps1.11 bps

Who wins at your size?

Fees are flat; depth is not. The cheaper venue can flip as order size grows.

SizedYdXOndoCheaper
$10K$7.68$6.57Ondo
$100K$119.65$74.47Ondo
$1M$1.6K$1.9KdYdX
$10M$40.2K$19.3KOndo

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Trade on Ondo — cheaper right now

Direct link — the ranking above is pure measurement.

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