Funding you earn now, next payment 01:00 UTC−0.0157%/8h= −17.2% APRpaid last 24h −0.048%
Price spread now: Ondo Perps against Binance−0.207%7-day average −0.108% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.065%−$7 on $10k
+Price spread, last 2 days (all we have)+0.129%+$13 · spread now −0.207%, 7d avg −0.108%
=Together, before fees+0.063%+ Points / potential airdropOndo Perps: Active · farm board+$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Ondo Perps is 0.099% cheaper against Binance than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of −0.108%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.62 | 0.0208 | pay 0.0208% / 8h | 7h 32m | $25.1M | $35.1M | 20x |
| Short | Ondo Perps ORCL-USD.P | 149.31 | 0.0050 | get 0.0006% / 1h | 32m 11s | $702K | $698K | 10x |
Binance ORCLUSDT
Ondo Perps ORCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Binance. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$33.05
- Price spread: −0.207% → −0.108%
- −$9.88
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$57.92
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 9 min ago; Ondo Perps: no order-book sample. Net counts fees only.
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 Binance live order book, 9 min ago | 0.34 bp | 7.6 bp −$8 | 15.5 bp −$155 | 69.7 bp −$6,972 | 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.
ORCL on 28 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0202% | 4h | 149.45 | −0.117% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.60 | −0.010% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.81 | +0.127% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.37 | −0.167% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.67 | +0.033% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.60 | −0.013% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.374% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.53 | −0.060% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.48 | −0.094% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.52 | −0.067% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 149.31 | −0.207% | $702K | $698K | 10x | |
| Nado ORCL-PERP | +0.0063% | 1h | 149.35 | −0.183% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.52 | −0.067% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | −0.174% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.56 | −0.040% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0119% | 1h | 149.48 | −0.094% | $21.5M | $6.9M | 10x | as long as short |
| Gate ORCL_USDT | +0.0150% | 8h | 149.61 | −0.007% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0156% | 8h | 149.49 | −0.089% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDTlong | +0.0208% | 8h | 149.62 | long leg | $25.1M | $35.1M | 20x | |
| Extended ORCL_24_5-USD | +0.0208% | 1h | 149.57 | −0.034% | $388K | $1.5M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0211% | 8h | 149.43 | −0.127% | $1K | $184K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0298% | 8h | 149.52 | −0.067% | $261K | $254K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0321% | 8h | 149.60 | −0.013% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0397% | 8h | 149.63 | +0.007% | $7.7M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.37 | −0.167% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0507% | 8h | 149.53 | −0.060% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0530% | 8h | 149.66 | +0.027% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.18 | −0.294% | $151K | $84K | 10x | as long as short |
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Variational Omni ORCL
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL