Funding you earn now, next payment 02:00 UTC+0.0011%/8h= +1.2% APRnext payment +$0.01 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Ondo Perps+0.054%7-day average +0.005% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.016%+$2 on $10k
+Price spread, last 4 days (all we have)−0.009%−$1 · spread now +0.054%, 7d avg +0.005%
=Together, before fees+0.006%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays $0 a day on $10k at the current rate, and tradeXYZ is 0.049% dearer against Ondo Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.005%.
| 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 | 34m 03s | $710K | $679K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.07 | 0.0061 | get 0.0008% / 1h | 34m 03s | $21.5M | $6.7M | 10x |
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $2.21
- Price spread: +0.054% → +0.005%
- $4.89
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$15.89
- Costs to cover
- 0.230%
- Break-even
- 57.2 days
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 4 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 tradeXYZ live order book, 4 min ago | 0.67 bp | 10.7 bp −$11 | 14.2 bp −$142 | 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 27 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 | −0.0544% | 4h | 149.18 | +0.126% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.29 | +0.204% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.37 | +0.255% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.39 | +0.268% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.27 | +0.188% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.17 | +0.121% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.047% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.12 | +0.087% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.19 | +0.134% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.09 | +0.067% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.16 | +0.114% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.99 | long leg | $710K | $679K | 10x | |
| QFEX ORCL-USD | +0.0057% | 1h | 149.11 | +0.081% | $1.1M | $2.8M | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 149.09 | +0.070% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0061% | 1h | 149.07 | +0.054% | $21.5M | $6.7M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.19 | +0.134% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.12 | +0.087% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0139% | 8h | 149.22 | +0.154% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0171% | 8h | 149.21 | +0.148% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCL | +0.0193% | 8h | 149.14 | +0.102% | $1.3M | $363K | — | as long as short |
| Bitget ORCLUSDT | +0.0234% | 8h | 149.24 | +0.168% | $7.6M | $4.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.05 | +0.041% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0242% | 8h | 149.15 | +0.110% | $24.9M | $35.2M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0308% | 8h | 149.27 | +0.188% | $260K | $261K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.05 | +0.040% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0481% | 8h | 149.17 | +0.121% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.11 | +0.081% | $152K | $75K | 10x | as long as short |
SoDEX ORCL-USD
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Bitget ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL