Funding you earn now, next payment 12:00 UTC−0.0158%/8h= −17.3% APRpaid last 24h −0.017%
Price spread now: Ondo Perps against Gate−0.231%7-day average −0.146% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.238%−$24 on $10k
+Price spread, last 4 days (all we have)+0.003%$0 · spread now −0.231%, 7d avg −0.146%
=Together, before fees−0.236%+ Points / potential airdropOndo Perps: Active · farm board−$24 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 0.085% cheaper against Gate than usual: you would sell low and buy high (−$9 if the spread goes back to its 7-day average of −0.146%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 151.32 | 0.0208 | pay 0.0208% / 8h | 4h 09m | $2.4M | $2.9M | 25x |
| Short | Ondo Perps ORCL-USD.P | 150.97 | 0.0050 | get 0.0006% / 1h | 9m 31s | $698K | $989K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Gate. 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
- −$33.1
- Price spread: −0.231% → −0.146%
- −$8.54
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$61.64
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Gate: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Gate live order book, 2 min ago | 2.31 bp | 15.4 bp −$15 | 26.9 bp −$269 | doesn't fit | 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 exchanges
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 | −0.0336% | 4h | 151.15 | −0.110% | $29K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 151.41 | +0.059% | $107K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 151.40 | +0.053% | $3K | $2.3M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 151.26 | −0.040% | $52K | $18K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 151.21 | −0.073% | $483K | $60K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 151.14 | −0.119% | $624K | $299K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −1.494% | $20K | $9K | 12x | as long as short |
| Nado ORCL-PERP | +0.0038% | 1h | 151.00 | −0.209% | $89K | $5K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 151.09 | −0.152% | $22.0M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 151.13 | −0.126% | $73K | $157K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 151.12 | −0.132% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 150.97 | −0.231% | $698K | $989K | 10x | |
| Vest ORCL-USD-PERP | +0.0069% | 1h | 151.28 | −0.026% | — | — | 25x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 151.24 | −0.053% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 151.22 | −0.066% | $245K | $549K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 151.08 | −0.159% | $23K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 151.13 | −0.126% | $192 | — | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0208% | 8h | 151.32 | long leg | $2.4M | $2.9M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0209% | 8h | 151.18 | −0.093% | $5.1M | $6.3M | 20x | as long as short |
| Variational Omni ORCL | +0.0327% | 8h | 151.16 | −0.107% | $1.2M | $363K | — | as long as short |
| Bitget ORCLUSDT | +0.0384% | 8h | 151.29 | −0.020% | $7.8M | $2.6M | 20x | as long as short |
| Binance ORCLUSDT | +0.0431% | 8h | 151.21 | −0.073% | $25.7M | $37.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0432% | 1h | 151.18 | −0.091% | $393K | $2.6M | 10x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 151.09 | −0.152% | $88K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0463% | 8h | 151.19 | −0.087% | $2K | $142K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0575% | 8h | 151.19 | −0.086% | $2K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0594% | 8h | 151.26 | −0.040% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 151.12 | −0.132% | $154K | $85K | 10x | as long as short |
Gate ORCL_USDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Bitget ORCLUSDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL