Funding you earn now, next payment 00:00 UTC+0.0016%/8h= +1.7% APRpaid last 24h 0.000%
Price spread now: Variational Omni against Ondo Perps+0.140%51s7-day average +0.119% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.014%−$1 on $10k
+Price spread, last 4 days (all we have)+0.152%+$15 · spread now +0.140%, 7d avg +0.119%
=Together, before fees+0.138%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board+$14 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 Variational Omni is 0.020% dearer against Ondo Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.119%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 148.88 | 0.0050 | pay 0.0006% / 1h | 26m 46s | $709K | $695K | 10x |
| Short | Variational Omni ORCL | 149.09 | 0.0066 | get 0.0066% / 8h | 26m 46s | $1.3M | $314K | — |
Ondo Perps ORCL-USD.P
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $3.3
- Price spread: +0.140% → +0.119%
- $2.03
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.33
- Costs to cover
- 0.050%
- Break-even
- 6.3 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 2 min ago | 3.05 bp | doesn't fit | 15.7 bp −$157 | 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 | −0.0935% | 4h | 149.09 | +0.140% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.13 | +0.169% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.16 | +0.188% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.33 | +0.302% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.11 | +0.154% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.12 | +0.161% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.121% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.09 | +0.141% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.01 | +0.087% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.09 | +0.141% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.88 | long leg | $709K | $695K | 10x | |
| Variational Omni ORCLshort | +0.0066% | 8h | 149.09 | +0.140% | $1.3M | $314K | — | |
| QFEX ORCL-USD | +0.0071% | 1h | 149.06 | +0.121% | $1.1M | $2.9M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0077% | 8h | 149.09 | +0.141% | $1K | $195K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.00 | +0.081% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.06 | +0.121% | $190 | — | 10x | as long as short |
| Binance ORCLUSDT | +0.0127% | 8h | 149.12 | +0.161% | $24.9M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0128% | 1h | 149.09 | +0.143% | $386K | $1.4M | 10x | as long as short |
| Lighter RH ORCL | +0.0152% | 1h | 149.12 | +0.161% | $620K | $462K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0160% | 1h | 149.03 | +0.101% | $21.5M | $8.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0171% | 1h | 148.99 | +0.076% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0224% | 8h | 149.23 | +0.235% | $258K | $238K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.00 | +0.081% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0289% | 8h | 149.10 | +0.148% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0365% | 8h | 149.18 | +0.202% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0528% | 8h | 149.15 | +0.181% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0533% | 8h | 149.18 | +0.202% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.07 | +0.128% | $149K | $84K | 10x | as long as short |
QFEX ORCL-USD
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Binance ORCLUSDT
Extended ORCL_24_5-USD
Lighter RH ORCL
tradeXYZ xyz:ORCL
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL