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+0.0276%/8h= +30.2% APRpaid last 24h +0.017%
Price spread now: Gate against Ondo Perps+0.215%7-day average +0.145% · 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+0.238%+$24 on $10k
Price spread, last 4 days (all we have)+0.108%+$11 · spread now +0.215%, 7d avg +0.145%
Together, before fees+0.346%+ Points / potential airdropOndo Perps: Active · farm board+$35 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 Gate is 0.070% dearer against Ondo Perps than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.145%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P149.150.0050pay 0.0006% / 1h2m 32s$714K$838K10x
ShortGate ORCL_USDT149.470.0326get 0.0326% / 8h7h 02m$2.3M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$57.88
Price spread: +0.215% → +0.145%
$6.97
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$44.84
Costs to cover
0.200%
Break-even
1.6 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 5 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 Gate live order book, 5 min ago1.67 bp19.7 bp −$2031.5 bp −$315doesn'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−0.0245%4h149.31+0.110%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.08−0.048%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.49+0.228%$7.7M$2.5M20xas long as short
SunX ORCL-USDT0.0000%8h149.60+0.302%$3K$2.5M10xas long as short
HTX ORCL-USDT0.0000%8h149.51+0.241%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.37+0.148%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.32+0.114%$607K$319K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.060%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.26+0.074%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.38+0.154%$55K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.26+0.074%$131K$70K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.38+0.154%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.15long leg$714K$838K10x
Nado ORCL-PERP+0.0063%1h149.16+0.009%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h149.35+0.134%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.33+0.121%$241K$350K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.40+0.168%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.28+0.087%$19010xas long as short
tradeXYZ xyz:ORCL+0.0104%1h149.23+0.054%$21.8M$6.7M10xas long as short
Variational Omni ORCL+0.0136%8h149.23+0.054%$1.2M$416Kas long as short
GRVT ORCL_USDT_Perp+0.0175%8h149.38+0.154%$1K$144K10xas long as short
OKX ORCL-USDT-SWAP+0.0200%8h149.42+0.181%$5.0M$6.0M20xas long as short
Binance ORCLUSDT+0.0238%8h149.38+0.154%$25.2M$35.8M20xas long as short
Extended ORCL_24_5-USD+0.0240%1h149.34+0.128%$388K$2.1M10xas long as short
Gate ORCL_USDTshort+0.0326%8h149.47+0.215%$2.3M$2.9M25x
Phoenix ORCL+0.0537%1h149.20+0.034%$153K$73K10xas long as short
BloFin ORCL-USDT+0.0648%8h149.35+0.134%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0658%8h149.41+0.174%$4.1M$1.8M50xas long as short