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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.034%
Price spread now: Ondo Perps against KuCoin−0.147%7-day average −0.119% · 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−0.135%−$14 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.147%, 7d avg −0.119%
Together, before fees−0.145%+ Points / potential airdropOndo Perps: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.028% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.119%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.330.0100pay 0.0100% / 8h10m 40s$240K$276K20x
ShortOndo Perps ORCL-USD.P149.110.0050get 0.0006% / 1h10m 40s$711K$879K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$10.42
Price spread: −0.147% → −0.119%
−$2.79
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$30.2
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 21 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 KuCoin live order book, 21 min ago15.08 bp155.1 bp −$155doesn't fitdoesn'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−0.0330%4h149.29−0.025%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.44+0.071%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.330.000%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.45+0.080%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.054%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.29−0.027%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.26−0.047%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.181%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.18−0.100%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.27−0.040%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.13−0.134%$21.7M$7.0M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.18−0.100%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.21−0.080%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.11−0.147%$711K$879K10x
Nado ORCL-PERP+0.0055%1h149.15−0.123%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.23−0.067%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTMlong+0.0100%8h149.33long leg$240K$276K20x
ApeX Omni ORACLEUSDT+0.0100%1h149.36+0.020%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.23−0.067%$19010xas long as short
Variational Omni ORCL+0.0174%8h149.22−0.076%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0186%8h149.34+0.006%$1K$155K10xas long as short
Gate ORCL_USDT+0.0204%8h149.34+0.007%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0217%8h149.24−0.060%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0262%8h149.25−0.053%$25.1M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.20−0.084%$390K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14−0.127%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0547%8h149.30−0.020%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0556%8h149.26−0.047%$47K$45K20xas long as short