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+0.0556%/8h= +60.9% APRpaid last 24h +0.100%
Price spread now: BloFin against Ondo Perps+0.148%95s7-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 7 days+0.155%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$17 a day on $10k at the current rate, and BloFin is 0.148% dearer against Ondo Perps than usual: you sell high and buy low: +$15 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.155% in total (about 8.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P149.040.0050pay 0.0006% / 1h59m 26s$698K$857K10x
ShortBloFin ORCL-USDT149.260.0606get 0.0606% / 8h59m 26s$47K$44K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$116.76
Price spread: +0.148% → 0.000%
$14.76
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$114.52
Costs to cover
0.170%
Break-even
0.1 days
Slippage unknown: Ondo Perps: no order-book sample; BloFin: 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 Ondo Perps no order-book sample
Sell BloFin no order-book sample
Ondo Perps and BloFin: 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−0.0684%4h149.26+0.147%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.17+0.088%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.42+0.255%$7.7M$2.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.50+0.309%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.34+0.201%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.28+0.161%$473K$54K10xas long as short
Lighter RH ORCL+0.0032%1h149.26+0.148%$622K$322K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.013%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.17+0.087%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.26+0.148%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.22+0.121%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.25+0.141%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.04long leg$698K$857K10x
QFEX ORCL-USD+0.0065%1h149.25+0.141%$1.1M$2.0M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.29+0.168%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.30+0.174%$19010xas long as short
KuCoin ORCLUSDTM+0.0113%8h149.34+0.201%$240K$274K20xas long as short
tradeXYZ xyz:ORCL+0.0117%1h149.18+0.094%$21.6M$6.9M10xas long as short
Variational Omni ORCL+0.0163%8h149.24+0.137%$1.2M$421Kas long as short
GRVT ORCL_USDT_Perp+0.0176%8h149.30+0.174%$1K$161K10xas long as short
Gate ORCL_USDT+0.0211%8h149.41+0.248%$2.3M$2.9M25xas long as short
OKX ORCL-USDT-SWAP+0.0250%8h149.34+0.201%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.23+0.128%$388K$1.4M10xas long as short
Binance ORCLUSDT+0.0259%8h149.35+0.209%$24.9M$36.6M20xas long as short
Nado ORCL-PERP+0.0287%1h149.11+0.050%$88K$22K10xas long as short
Phoenix ORCL+0.0429%1h149.21+0.114%$153K$71K10xas long as short
Bybit ORCLUSDT+0.0575%8h149.37+0.221%$4.1M$1.9M50xas long as short
BloFin ORCL-USDTshort+0.0606%8h149.26+0.148%$47K$44K20x