Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0007%/8h= +0.8% APRpaid last 24h −0.096%
Price spread now: Ondo Perps against Bitget−0.201%7-day average −0.152% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.100%−$10 on $10k
Price spread, last 4 days (all we have)−0.115%−$12 · spread now −0.201%, 7d avg −0.152%
Together, before fees−0.215%+ Points / potential airdropOndo Perps: Active · farm board−$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Ondo Perps is 0.048% cheaper against Bitget than usual: you would sell low and buy high, −$5 on $10k if it goes back to its 7-day average of −0.152%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORCLUSDT149.560.0043pay 0.0043% / 8h5h 31m$7.7M$4.0M20x
ShortOndo Perps ORCL-USD.P149.260.0050get 0.0006% / 1h31m 34s$699K$728K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Bitget. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

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latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$1.55
Price spread: −0.201% → −0.152%
−$4.82
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.26
Costs to cover
0.170%
Break-even
98.3 days
Slippage unknown: Bitget: live order book, 2 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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 2 min ago1.67 bp14.2 bp −$1421.2 bp −$212doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0764%4h149.42−0.092%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.36−0.132%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.72+0.107%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.560.000%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.48−0.053%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.47−0.060%$622K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.334%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.34−0.147%$87K$79K10xas long as short
Bitget ORCLUSDTlong+0.0043%8h149.56long leg$7.7M$4.0M20x
Vest ORCL-USD-PERP+0.0046%1h149.46−0.067%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate ORCL_USDT+0.0047%8h149.54−0.013%$2.3M$2.9M25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.35−0.140%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.39−0.114%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.47−0.060%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.26−0.201%$699K$728K10x
QFEX ORCL-USD+0.0059%1h149.45−0.074%$1.1M$2.7M10xas long as short
Nado ORCL-PERP+0.0062%1h149.33−0.152%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.28−0.187%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.43−0.087%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0139%8h149.49−0.047%$2K$179K10xas long as short
Variational Omni ORCL+0.0177%8h149.31−0.170%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0246%8h149.52−0.028%$24.9M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h149.48−0.054%$387K$1.3M10xas long as short
OKX ORCL-USDT-SWAP+0.0327%8h149.51−0.033%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTM+0.0330%8h149.49−0.047%$261K$267K20xas long as short
Bybit ORCLUSDT+0.0520%8h149.60+0.027%$3.7M$1.5M50xas long as short
Phoenix ORCL+0.0536%1h149.31−0.167%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0541%8h149.54−0.013%$47K$43K20xas long as short