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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0097%/8h= −10.6% APRnext payment $0.12 per $10,000 · paid last 24h +0.012%
Price spread now: Ondo Perps against Nado+0.045%7-day average · you sell dearer than you buy
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Ondo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.045% dearer against Nado than usual: you sell high and buy low (spread +0.045% now, against zero (this spread has no 7-day history yet)): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 37 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ORCL-PERP149.150.0147pay 0.0018% / 1h18m 09s$92K$18K10x
ShortOndo Perps ORCL-USD.P149.220.0050get 0.0006% / 1h18m 09s$709K$697K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
−$20.3
Price spread: +0.045% → 0.000%
$4.47
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$27.83
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample
Sell Ondo Perps no order-book sample
Nado and 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−0.0429%4h149.15−0.003%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.30+0.100%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.42+0.179%$2.3M$2.9M25xas long as short
SunX ORCL-USDT0.0000%8h149.45+0.199%$2K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h149.21+0.038%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.38+0.152%$473K$53K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.063%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.29+0.092%$127K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.21+0.038%$131K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.30+0.098%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.22+0.045%$709K$697K10x
QFEX ORCL-USD+0.0071%1h149.24+0.058%$1.1M$2.9M10xas long as short
Variational Omni ORCL+0.0083%8h149.18+0.021%$1.3M$314Kas long as short
GRVT ORCL_USDT_Perp+0.0090%8h149.18+0.017%$1K$194K10xas long as short
Lighter RH ORCL+0.0096%1h149.33+0.118%$621K$462K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.17+0.011%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.25+0.065%$19010xas long as short
Extended ORCL_24_5-USD+0.0136%1h149.37+0.146%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0137%8h149.40+0.165%$25.0M$35.5M20xas long as short
tradeXYZ xyz:ORCL+0.0138%1h149.23+0.051%$21.5M$8.2M10xas long as short
Nado ORCL-PERPlong+0.0147%1h149.15long leg$92K$18K10x
KuCoin ORCLUSDTM+0.0233%8h149.27+0.078%$258K$242K20xas long as short
Arcus ORCL-USD+0.0289%1h149.25+0.065%$86K$81K10xas long as short
OKX ORCL-USDT-SWAP+0.0295%8h149.40+0.165%$4.8M$5.7M20xas long as short
Bitget ORCLUSDT+0.0362%8h149.43+0.185%$7.5M$4.5M20xas long as short
BloFin ORCL-USDT+0.0516%8h149.15−0.002%$47K$51K20xas long as short
Bybit ORCLUSDT+0.0521%8h149.37+0.145%$3.5M$1.5M50xas long as short
Phoenix ORCL+0.0538%1h149.13−0.016%$149K$84K10xas long as short