Funding you earn now, next payment 08:00 UTC+0.0189%/8h= +20.7% APRpaid last 24h +0.052%
Price spread now: OKX against Ondo Perps+0.121%7-day average +0.111% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.071%+$7 on $10k
+Price spread, last 4 days (all we have)+0.020%+$2 · spread now +0.121%, 7d avg +0.111%
=Together, before fees+0.091%+ Points / potential airdropOndo Perps: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.111%, so right now this pair is about funding alone: +$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.071% in total (about 3.7% 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 148.99 | 0.0050 | pay 0.0006% / 1h | 36m 11s | $698K | $854K | 10x |
| Short | OKX ORCL-USDT-SWAP | 149.17 | 0.0240 | get 0.0240% / 8h | 36m 11s | $4.9M | $6.0M | 20x |
Ondo Perps ORCL-USD.P
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $39.76
- Price spread: +0.121% → +0.111%
- $0.98
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $25.74
- Costs to cover
- 0.150%
- Break-even
- 2.5 days
Slippage unknown: Ondo Perps: no order-book sample; OKX: live order book, 2 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 OKX live order book, 2 min ago | 1.67 bp | 11.1 bp −$11 | 17.9 bp −$179 | 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 | −0.0060% | 4h | 149.19 | +0.134% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.78 | +0.533% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.34 | +0.235% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.329% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.221% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | +0.181% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.047% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.13 | +0.094% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.24 | +0.168% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.12 | +0.087% | $21.6M | $6.9M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.16 | +0.114% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.22 | +0.154% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.99 | long leg | $698K | $854K | 10x | |
| Lighter RH ORCL | +0.0056% | 1h | 149.22 | +0.154% | $622K | $316K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.22 | +0.154% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0069% | 1h | 149.04 | +0.036% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.27 | +0.188% | $240K | $273K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | +0.215% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.19 | +0.134% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0169% | 8h | 149.27 | +0.185% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0188% | 8h | 149.22 | +0.157% | $1K | $159K | 10x | as long as short |
| Gate ORCL_USDT | +0.0202% | 8h | 149.31 | +0.215% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0240% | 8h | 149.17 | +0.121% | $4.9M | $6.0M | 20x | |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.19 | +0.134% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.24 | +0.168% | $24.9M | $36.5M | 20x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.17 | +0.121% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0569% | 8h | 149.27 | +0.188% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0592% | 8h | 149.30 | +0.208% | $47K | $44K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Lighter RH ORCL
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT