Funding you earn now, next payment 00:00 UTC+0.0152%/8h= +16.6% APRpaid last 24h +0.007%
Price spread now: KuCoin against Ondo Perps+0.255%7-day average +0.114% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 4 days (all we have)−0.083%−$8 · spread now +0.255%, 7d avg +0.114%
=Together, before fees+0.036%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and KuCoin is 0.142% dearer against Ondo Perps than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.114%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 148.76 | 0.0050 | pay 0.0006% / 1h | 38m 57s | $708K | $692K | 10x |
| Short | KuCoin ORCLUSDTM | 149.14 | 0.0202 | get 0.0202% / 8h | 38m 57s | $258K | $236K | 20x |
Ondo Perps ORCL-USD.P
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $31.84
- Price spread: +0.255% → +0.114%
- $14.16
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $28.99
- Costs to cover
- 0.170%
- Break-even
- 0.6 days
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 22 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 KuCoin live order book, 22 min ago | 6.04 bp | 68.3 bp −$68 | doesn't fit | 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 | −0.0270% | 4h | 149.08 | +0.217% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.09 | +0.221% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.15 | +0.262% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.390% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.242% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0031% | 8h | 149.10 | +0.226% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.13 | +0.249% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.202% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.01 | +0.168% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0046% | 8h | 149.09 | +0.222% | $2K | $196K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.09 | +0.222% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.76 | long leg | $708K | $692K | 10x | |
| Polymarket Perps ORCL-USD | +0.0057% | 1h | 149.00 | +0.161% | $131K | $122K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.05 | +0.195% | $1.1M | $2.9M | 10x | as long as short |
| Binance ORCLUSDT | +0.0092% | 8h | 149.07 | +0.208% | $24.9M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0096% | 1h | 149.04 | +0.191% | $386K | $1.4M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.96 | +0.134% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.08 | +0.215% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0180% | 1h | 148.88 | +0.078% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0188% | 1h | 148.98 | +0.148% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.08 | +0.215% | $620K | $462K | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0202% | 8h | 149.14 | +0.255% | $258K | $236K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0277% | 8h | 149.07 | +0.208% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.00 | +0.161% | $86K | $86K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0348% | 8h | 149.11 | +0.235% | $7.4M | $4.7M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0493% | 8h | 149.14 | +0.255% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0522% | 8h | 149.14 | +0.255% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.89 | +0.087% | $149K | $84K | 10x | as long as short |
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
QFEX ORCL-USD
Binance ORCLUSDT
Extended ORCL_24_5-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
tradeXYZ xyz:ORCL
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL