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
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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.15 | 0.0050 | pay 0.0006% / 1h | 2m 32s | $714K | $838K | 10x |
| Short | Gate ORCL_USDT | 149.47 | 0.0326 | get 0.0326% / 8h | 7h 02m | $2.3M | $2.9M | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Gate live order book, 5 min ago | 1.67 bp | 19.7 bp −$20 | 31.5 bp −$315 | 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 | −0.0245% | 4h | 149.31 | +0.110% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | −0.048% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.49 | +0.228% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.302% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.241% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.37 | +0.148% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.32 | +0.114% | $607K | $319K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.060% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | +0.074% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.38 | +0.154% | — | $55K | 25x | 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 | 149.26 | +0.074% | $131K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.38 | +0.154% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.15 | long leg | $714K | $838K | 10x | |
| Nado ORCL-PERP | +0.0063% | 1h | 149.16 | +0.009% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.35 | +0.134% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.33 | +0.121% | $241K | $350K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.168% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.28 | +0.087% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0104% | 1h | 149.23 | +0.054% | $21.8M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.23 | +0.054% | $1.2M | $416K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0175% | 8h | 149.38 | +0.154% | $1K | $144K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0200% | 8h | 149.42 | +0.181% | $5.0M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0238% | 8h | 149.38 | +0.154% | $25.2M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.34 | +0.128% | $388K | $2.1M | 10x | as long as short |
| Gate ORCL_USDTshort | +0.0326% | 8h | 149.47 | +0.215% | $2.3M | $2.9M | 25x | |
| Phoenix ORCL | +0.0537% | 1h | 149.20 | +0.034% | $153K | $73K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0648% | 8h | 149.35 | +0.134% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0658% | 8h | 149.41 | +0.174% | $4.1M | $1.8M | 50x | as long as short |
Gate ORCL_USDT
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT