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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0696%/8h= +76.2% APRpaid last 24h +0.174%
Price spread now: Ondo Perps against edgeX−0.169%7-day average −0.099% · 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+1.253%+$125 on $10k
Price spread, last 4 days (all we have)−0.050%−$5 · spread now −0.169%, 7d avg −0.099%
Together, before fees+1.203%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$120 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.069% cheaper against edgeX than usual: you would sell low and buy high (spread −0.169% now, against its 7-day average of −0.099%). If the spread goes back, that is −$7 on $10k: about 8 hours of funding at the current rate (+$21 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.73−0.0646get 0.0323% / 4h3h 48m$28K$214K10x
ShortOndo Perps ORCL-USD.P149.480.0050get 0.0006% / 1h48m 57s$703K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$146.21
Price spread: −0.169% → −0.099%
−$6.92
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$125.29
Costs to cover
0.140%
Break-even
1.0 days
Slippage unknown: edgeX: live order book, 3 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 edgeX live order book, 3 min ago5.68 bp10.7 bp −$1118.6 bp −$186doesn'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 ORCLUSDClong−0.0646%4h149.73long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.43−0.203%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.77+0.025%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.65−0.055%$52K$24K20xas long as short
Bitget ORCLUSDT+0.0003%8h149.61−0.082%$7.7M$3.8M20xas long as short
Nado ORCL-PERP+0.0019%1h149.45−0.188%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.53−0.135%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.54−0.129%$623K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.449%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.57−0.109%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.60−0.089%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.40−0.222%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.49−0.162%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.53−0.135%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.48−0.169%$703K$723K10x
QFEX ORCL-USD+0.0067%1h149.55−0.122%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.78+0.032%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.49−0.162%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0225%8h149.79+0.039%$2K$177K10xas long as short
Variational Omni ORCL+0.0247%8h149.67−0.043%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0303%8h149.56−0.115%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.46−0.184%$390K$1.3M10xas long as short
Binance ORCLUSDT+0.0321%8h149.52−0.145%$25.2M$35.3M20xas long as short
KuCoin ORCLUSDTM+0.0353%8h149.63−0.068%$262K$279K20xas long as short
OKX ORCL-USDT-SWAP+0.0387%8h149.56−0.115%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.67−0.042%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0725%8h149.61−0.082%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0742%8h149.70−0.022%$47K$43K20xas long as short