Funding you earn now, next payment 03:00 UTC−0.0007%/8h= −0.8% APRpaid last 24h +0.096%
Price spread now: Bitget against Ondo Perps+0.194%7-day average +0.152% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.122%+$12 · spread now +0.194%, 7d avg +0.152%
=Together, before fees+0.222%+ Points / potential airdropOndo Perps: Active · farm board+$22 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Bitget is 0.042% dearer against Ondo Perps than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of +0.152%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.26 | 0.0050 | pay 0.0006% / 1h | 31m 04s | $699K | $728K | 10x |
| Short | Bitget ORCLUSDT | 149.55 | 0.0043 | get 0.0043% / 8h | 5h 31m | $7.7M | $4.0M | 20x |
Ondo Perps ORCL-USD.P
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$1.55
- Price spread: +0.194% → +0.152%
- $4.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$14.37
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 2 min ago. Net counts fees only.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 2 min ago | 1.67 bp | 12.4 bp −$12 | 26.7 bp −$267 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0764% | 4h | 149.42 | +0.109% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.34 | +0.056% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.75 | +0.328% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.56 | +0.201% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | +0.147% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.45 | +0.127% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.134% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.34 | +0.054% | $87K | $79K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0043% | 8h | 149.55 | +0.194% | $7.7M | $4.0M | 20x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.45 | +0.127% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate ORCL_USDT | +0.0047% | 8h | 149.53 | +0.181% | $2.3M | $2.9M | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.35 | +0.060% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.40 | +0.094% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.141% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.26 | long leg | $699K | $728K | 10x | |
| QFEX ORCL-USD | +0.0059% | 1h | 149.45 | +0.127% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.33 | +0.049% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.28 | +0.013% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.44 | +0.121% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0139% | 8h | 149.49 | +0.154% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.50 | +0.164% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0246% | 8h | 149.51 | +0.167% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.46 | +0.132% | $387K | $1.3M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0327% | 8h | 149.51 | +0.167% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0330% | 8h | 149.50 | +0.161% | $261K | $267K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0520% | 8h | 149.59 | +0.221% | $3.7M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0530% | 8h | 149.59 | +0.221% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.31 | +0.033% | $153K | $75K | 10x | as long as short |
Gate ORCL_USDT
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTM
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL