Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0008%/8h= +0.9% APRnext payment +$0.01 per $10,000 · paid last 24h +0.003%
Price spread now: QFEX against Ondo Perps+0.187%7-day average +0.089% · 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 4 days (all we have)−0.015%−$1 on $10k
Price spread, last 4 days (all we have)+0.094%+$9 · spread now +0.187%, 7d avg +0.089%
Together, before fees+0.079%+ Points / potential airdropOndo Perps: Active · farm board+$8 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: QFEX is 0.098% dearer against Ondo Perps than usual: you sell high and buy low, +$10 on $10k if it goes back to its 7-day average of +0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P149.410.0050pay 0.0006% / 1h5m 03s$703K$727K10x
ShortQFEX ORCL-USD149.690.0059get 0.0007% / 1h5m 03s$1.1M$2.4M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX 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
$1.76
Price spread: +0.187% → +0.089%
$9.82
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$3.42
Costs to cover
0.150%
Break-even
20.6 days
Slippage unknown: Ondo Perps: no order-book sample; QFEX: 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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell QFEX live order book, 2 min ago1.67 bp6.7 bp −$76.7 bp −$6712.4 bp −$1,241doesn'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−0.0897%4h149.70+0.194%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.55+0.092%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.97+0.375%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.274%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.71+0.201%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.71+0.201%$623K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.234%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.61+0.134%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.69+0.187%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.58+0.114%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.66+0.167%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.71+0.201%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.41long leg$703K$727K10x
QFEX ORCL-USDshort+0.0059%1h149.69+0.187%$1.1M$2.4M10x
Bitget ORCLUSDT+0.0077%8h149.80+0.261%$7.7M$4.0M20xas long as short
Nado ORCL-PERP+0.0095%1h149.55+0.095%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.72+0.207%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.73+0.214%$19010xas long as short
Gate ORCL_USDT+0.0128%8h149.80+0.261%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0219%8h149.71+0.198%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0241%8h149.72+0.207%$2K$178K10xas long as short
Extended ORCL_24_5-USD+0.0288%1h149.71+0.202%$390K$1.3M10xas long as short
Binance ORCLUSDT+0.0292%8h149.75+0.228%$25.1M$35.5M20xas long as short
KuCoin ORCLUSDTM+0.0372%8h149.80+0.261%$261K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0377%8h149.78+0.248%$4.9M$5.6M20xas long as short
Phoenix ORCL+0.0536%1h149.61+0.134%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0650%8h149.83+0.281%$3.9M$1.7M50xas long as short
BloFin ORCL-USDT+0.0667%8h149.81+0.268%$47K$43K20xas long as short