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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.062%
Price spread now: Ondo Perps against OKX−0.067%7-day average −0.112% · 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−0.093%−$9 on $10k
Price spread, last 4 days (all we have)+0.054%+$5 · spread now −0.067%, 7d avg −0.112%
Together, before fees−0.040%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.044% dearer against OKX than usual: you sell high and buy low (spread −0.067% now, against its 7-day average of −0.112%): +$4 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 22 hours. At the pace of the last 7 days (−0.093% in total) that is about 3.3 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP148.720.0210pay 0.0210% / 8h7h 43m$4.9M$5.9M20x
ShortOndo Perps ORCL-USD.P148.620.0050get 0.0006% / 1h43m 03s$708K$870K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against OKX. 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
−$33.57
Price spread: −0.067% → −0.112%
$4.43
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$44.14
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 5 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 OKX live order book, 5 min ago2.01 bp15.0 bp −$1529.0 bp −$290doesn'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−0.0961%4h148.76+0.029%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.094%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.79+0.047%$7.7M$2.7M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.85+0.090%$1K$152K10xas long as short
SunX ORCL-USDT0.0000%8h148.93+0.141%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.86+0.094%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.77+0.034%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.70−0.013%$602K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.229%$20K$9K12xas long as short
Nado ORCL-PERP+0.0040%1h148.59−0.090%$88K$22K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus ORCL-USD+0.0040%1h148.64−0.054%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.68−0.027%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.59−0.087%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.60−0.081%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.71−0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h148.62−0.067%$708K$870K10x
QFEX ORCL-USD+0.0065%1h148.66−0.040%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.81+0.061%$240K$303K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.83+0.074%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.720.000%$18910xas long as short
Gate ORCL_USDT+0.0107%8h148.81+0.061%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0173%8h148.75+0.020%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAPlong+0.0210%8h148.72long leg$4.9M$5.9M20x
Extended ORCL_24_5-USD+0.0256%1h148.70−0.014%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0259%8h148.720.000%$25.1M$36.4M20xas long as short
Phoenix ORCL+0.0537%1h148.59−0.087%$152K$73K10xas long as short
Bybit ORCLUSDT+0.0640%8h148.74+0.013%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0663%8h148.83+0.074%$47K$45K20xas long as short