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+0.0018%/8h= +2.0% APRnext payment +$0.02 per $10,000 · paid last 24h +0.006%
Price spread now: Ondo Perps against Lighter−0.133%7-day average −0.135% · 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−0.067%−$7 on $10k
Price spread, last 4 days (all we have)−0.022%−$2 · spread now −0.133%, 7d avg −0.135%
Together, before fees−0.089%+ Points / potential airdropLighter: Season 3 · Ondo Perps: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.135%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.067%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL149.860.0032pay 0.0004% / 1h20m 18s$475K$51K10x
ShortOndo Perps ORCL-USD.P149.660.0050get 0.0006% / 1h20m 18s$685K$773K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Lighter. 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
$3.86
Price spread: −0.133% → −0.135%
$0.18
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$0.96
Costs to cover
0.050%
Break-even
8.7 days
Slippage unknown: Lighter: live order book, 25 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 Lighter live order book, 25 min ago5.01 bp18.0 bp −$1820.8 bp −$208doesn'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−0.0704%4h149.69−0.111%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.85−0.007%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.96+0.067%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h150.15+0.194%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.92+0.040%$52K$24K20xas long as short
Lighter ORCLlong+0.0032%1h149.86long leg$475K$51K10x
Lighter RH ORCL+0.0032%1h149.85−0.007%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.534%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.70−0.107%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.89+0.020%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.76−0.067%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.78−0.053%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.83−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.66−0.133%$685K$773K10x
Nado ORCL-PERP+0.0060%1h149.74−0.080%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.85−0.007%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.74−0.080%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.81−0.033%$19110xas long as short
GRVT ORCL_USDT_Perp+0.0210%8h149.65−0.140%$2K$177K10xas long as short
Variational Omni ORCL+0.0241%8h149.91+0.033%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0312%8h149.90+0.027%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.83−0.021%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0320%8h149.87+0.007%$25.2M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0357%8h149.77−0.060%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0374%8h149.84−0.013%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.79−0.047%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0675%8h149.94+0.053%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0700%8h149.94+0.053%$4.1M$1.8M50xas long as short