ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0077%/8h= +8.4% APRnext payment +$0.77 per $10,000 · paid last 24h +0.007%

Price spread now: Variational Omni against Orderly−0.056%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Orderly Short on Variational Omni

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories

Funding pays, the price is against you. Variational Omni is 0.056% cheaper against Orderly than usual: you would sell low and buy high (spread −0.056% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$6 on $10k: about 2.4 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Orderly PERP_ORCL_USDC_mythos	149.39	0.0100	pay 0.0100% / 8h	5h 32m	$190	—	10x
Short	Variational Omni ORCL	149.31	0.0177	get 0.0177% / 8h	5h 32m	$1.3M	$363K	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Variational Omni against Orderly. 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

Position, each leg$Hold fordaysFee OrderlybpFee Variational OmnibpOrdersPrice spread, now −0.056%Rate

Funding earned: $16.1
Price spread: −0.056% → 0.000%: −$5.63
Slippage, 4 orders: no order book: not counted
Fee Orderly: 3 bp × 2 orders: −$6
Fee Variational Omni: 0 bp × 2 orders: $0
Net: $4.47
Costs to cover: 0.060%
Break-even: 5.1 days

Slippage unknown: Orderly: no order-book sample; Variational Omni: RFQ quote, 1 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 Orderly no order-book sample	—	—	—	—	—
Sell Variational Omni RFQ quote, 1 min ago	3.75 bp	doesn't fit	20.4 bp −$204	doesn't fit	doesn't fit

Orderly: 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	−0.0441%	4h	149.31	−0.051%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.35	−0.028%	$94K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.62	+0.154%	$2K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.52	+0.087%	$52K	$23K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.48	+0.060%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.46	+0.047%	$622K	$318K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.221%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.31	−0.054%	$87K	$79K	10x	as long as short
Gate ORCL_USDT	+0.0041%	8h	149.51	+0.080%	$2.3M	$2.9M	25x	as long as short
Bitget ORCLUSDT	+0.0042%	8h	149.54	+0.100%	$7.7M	$4.0M	20x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ORCL-USD-PERP	+0.0046%	1h	149.41	+0.013%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.34	−0.033%	$21.5M	$6.8M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.32	−0.047%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.42	+0.020%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.26	−0.087%	$699K	$728K	10x	as long as short
QFEX ORCL-USD	+0.0059%	1h	149.45	+0.040%	$1.1M	$2.7M	10x	as long as short
Nado ORCL-PERP	+0.0063%	1h	149.27	−0.079%	$92K	$18K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.28	−0.074%	$22K	$267K	50x	as long as short
Orderly PERP_ORCL_USDC_mythoslong	+0.0100%	8h	149.39	long leg	$190	—	10x
GRVT ORCL_USDT_Perp	+0.0138%	8h	149.38	−0.007%	$2K	$179K	10x	as long as short
Variational Omni ORCLshort	+0.0177%	8h	149.31	−0.056%	$1.3M	$363K	—
Extended ORCL_24_5-USD	+0.0240%	1h	149.45	+0.038%	$387K	$1.3M	10x	as long as short
Binance ORCLUSDT	+0.0244%	8h	149.49	+0.067%	$24.9M	$35.4M	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0325%	8h	149.51	+0.080%	$4.9M	$5.5M	20x	as long as short
KuCoin ORCLUSDTM	+0.0330%	8h	149.49	+0.067%	$261K	$266K	20x	as long as short
Bybit ORCLUSDT	+0.0514%	8h	149.57	+0.120%	$3.7M	$1.5M	50x	as long as short
Phoenix ORCL	+0.0536%	1h	149.31	−0.054%	$153K	$75K	10x	as long as short
BloFin ORCL-USDT	+0.0541%	8h	149.54	+0.100%	$47K	$43K	20x	as long as short