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% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Ondo Perps+0.215%52s7-day average +0.080% · 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 7 days+0.111%+$11 on $10k
Price spread, last 4 days (all we have)+0.280%+$28 · spread now +0.215%, 7d avg +0.080%
Together, before fees+0.391%+ Points / potential airdropOndo Perps: Active · farm board+$39 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.135% dearer against Ondo Perps than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of +0.080%. The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P148.990.0050pay 0.0006% / 1h36m 14s$698K$854K10x
ShortApeX Omni ORACLEUSDT149.310.0100get 0.0013% / 1h36m 14s$22K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Ondo Perps. 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: +0.215% → +0.080%
$13.48
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$8.89
Costs to cover
0.150%
Break-even
1.0 days
Slippage unknown: Ondo Perps: no order-book sample; ApeX Omni: live order book, 66 min ago. 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 Ondo Perps no order-book sample
Sell ApeX Omni live order book, 66 min ago9.37 bp21.2 bp −$21203.9 bp −$2,039doesn't fitdoesn't fit
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−0.0060%4h149.19+0.134%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.78+0.533%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.34+0.235%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.48+0.329%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32+0.221%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.26+0.181%$477K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.047%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.13+0.094%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.24+0.168%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.12+0.087%$21.6M$6.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.16+0.114%$131K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.22+0.154%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h148.99long leg$698K$854K10x
Lighter RH ORCL+0.0056%1h149.22+0.154%$622K$316K10xas long as short
QFEX ORCL-USD+0.0057%1h149.22+0.154%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0069%1h149.04+0.036%$88K$22K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.27+0.188%$240K$273K20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.31+0.215%$22K$264K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.19+0.134%$19010xas long as short
Variational Omni ORCL+0.0169%8h149.27+0.185%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.22+0.157%$1K$159K10xas long as short
Gate ORCL_USDT+0.0202%8h149.31+0.215%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0240%8h149.17+0.121%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.19+0.134%$388K$2.1M10xas long as short
Binance ORCLUSDT+0.0264%8h149.24+0.168%$24.9M$36.5M20xas long as short
Phoenix ORCL+0.0483%1h149.17+0.121%$153K$72K10xas long as short
Bybit ORCLUSDT+0.0569%8h149.27+0.188%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0592%8h149.30+0.208%$47K$44K20xas long as short