ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0278%/8h= +30.4% APRnext payment +$0.35 per $10,000 · paid last 24h +0.046%

Price spread now: Extended against Ondo Perps+0.139%7-day average +0.075% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Ondo Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.070%+$7 on $10k

Price spread, last 4 days (all we have)−0.055%−$6 · spread now +0.139%, 7d avg +0.075%

Together, before fees+0.015%+ Points / potential airdropOndo Perps: Active · Extended: Active · farm board+$2 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Extended is 0.064% dearer against Ondo Perps than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.075%.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.070% in total (about 3.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.35 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Ondo Perps ORCL-USD.P	149.67	0.0050	pay 0.0006% / 1h	20m 33s	$708K	$720K	10x
Short	Extended ORCL_24_5-USD	149.88	0.0328	get 0.0041% / 1h	20m 33s	$388K	$1.3M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Ondo Perps. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Ondo PerpsbpFee ExtendedbpOrdersPrice spread, now +0.139%Rate

Funding earned: $58.3
Price spread: +0.139% → +0.075%: $6.42
Slippage, 4 orders: no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $54.72
Costs to cover: 0.100%
Break-even: 0.4 days

Slippage unknown: Ondo Perps: no order-book sample; Extended: live order book, 3 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 Extended live order book, 3 min ago	1.00 bp	7.5 bp −$8	72.5 bp −$725	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	−0.0885%	4h	149.83	+0.110%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.82	+0.098%	$94K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	150.11	+0.294%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.86	+0.127%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.91	+0.160%	$475K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.92	+0.167%	$625K	$313K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.408%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.75	+0.053%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.95	+0.187%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.78	+0.073%	$21.7M	$6.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0050%	1h	149.80	+0.087%	$132K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.87	+0.134%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.Plong	+0.0050%	1h	149.67	long leg	$708K	$720K	10x
Bitget ORCLUSDT	+0.0060%	8h	149.95	+0.187%	$7.7M	$3.9M	20x	as long as short
Nado ORCL-PERP	+0.0065%	1h	149.79	+0.080%	$91K	$20K	10x	as long as short
QFEX ORCL-USD	+0.0080%	1h	149.88	+0.140%	$1.1M	$2.3M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.81	+0.094%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.85	+0.120%	$191	—	10x	as long as short
Gate ORCL_USDT	+0.0248%	8h	149.97	+0.200%	$2.3M	$3.0M	25x	as long as short
Variational Omni ORCL	+0.0254%	8h	149.86	+0.125%	$1.3M	$363K	—	as long as short
GRVT ORCL_USDT_Perp	+0.0273%	8h	149.85	+0.120%	$2K	$177K	10x	as long as short
Extended ORCL_24_5-USDshort	+0.0328%	1h	149.88	+0.139%	$388K	$1.3M	10x
Binance ORCLUSDT	+0.0328%	8h	149.92	+0.165%	$25.2M	$35.5M	20x	as long as short
KuCoin ORCLUSDTM	+0.0382%	8h	149.94	+0.180%	$262K	$277K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0400%	8h	149.93	+0.174%	$5.0M	$5.8M	20x	as long as short
Phoenix ORCL	+0.0481%	1h	149.74	+0.047%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0755%	8h	149.95	+0.187%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0780%	8h	149.91	+0.160%	$47K	$43K	20x	as long as short