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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.015%
Price spread now: SunX against Ondo Perps+0.309%7-day average +0.262% · 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−0.093%−$9 on $10k
Price spread, last 4 days (all we have)−0.018%−$2 · spread now +0.309%, 7d avg +0.262%
Together, before fees−0.111%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.047% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.309% now, against its 7-day average of +0.262%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P148.890.0050pay 0.0006% / 1h51m 08s$697K$856K10x
ShortSunX ORCL-USDT149.350get 0.0000% / 8h51m 08s$2K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$10.58
Price spread: +0.309% → +0.262%
$4.67
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee SunX: 4 bp × 2 orders
−$8
Net
−$18.92
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; SunX: live order book, 6 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 SunX live order book, 6 min ago30.11 bpdoesn't fitdoesn't fitdoesn'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−0.0744%4h149.13+0.163%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.03+0.094%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.25+0.242%$7.7M$2.8M20xas long as short
SunX ORCL-USDTshort0.0000%8h149.35+0.309%$2K$2.7M10x
HTX ORCL-USDT0.0000%8h149.25+0.242%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.18+0.195%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.13+0.161%$622K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.114%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.05+0.107%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.11+0.148%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.00+0.074%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.08+0.128%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.14+0.168%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h148.89long leg$697K$856K10x
QFEX ORCL-USD+0.0057%1h149.11+0.148%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0093%1h148.99+0.064%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.05+0.107%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.08+0.128%$19010xas long as short
KuCoin ORCLUSDTM+0.0107%8h149.19+0.201%$240K$274K20xas long as short
Variational Omni ORCL+0.0163%8h149.14+0.166%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0177%8h149.17+0.186%$1K$159K10xas long as short
Gate ORCL_USDT+0.0206%8h149.21+0.215%$2.3M$2.9M25xas long as short
OKX ORCL-USDT-SWAP+0.0248%8h149.12+0.154%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.08+0.128%$388K$1.6M10xas long as short
Binance ORCLUSDT+0.0259%8h149.12+0.154%$24.9M$36.5M20xas long as short
Phoenix ORCL+0.0483%1h149.07+0.121%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0572%8h149.17+0.188%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0601%8h149.23+0.228%$47K$44K20xas long as short