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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Ondo Perps against Polymarket Perps+0.007%7-day average −0.050% · 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−0.022%−$2 on $10k
Price spread, last 4 days (all we have)+0.261%+$26 · spread now +0.007%, 7d avg −0.050%
Together, before fees+0.239%+ Points / potential airdropOndo Perps: Active · farm board+$24 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: Ondo Perps is 0.057% dearer against Polymarket Perps than usual: you sell high and buy low, +$6 on $10k if it goes back to its 7-day average of −0.050%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ORCL-USD148.250.0050pay 0.0006% / 1h26m 06s$130K$80K10x
ShortOndo Perps ORCL-USD.P148.260.0050get 0.0006% / 1h26m 06s$707K$835K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Polymarket 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
$0.08
Price spread: +0.007% → −0.050%
$5.67
Slippage, 4 orders
no order book: not counted
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.25
Costs to cover
0.130%
Break-even
611.0 days
Slippage unknown: Polymarket Perps: live order book, 71 min ago; Ondo Perps: no order-book sample. 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 Polymarket Perps live order book, 71 min ago2.68 bp6.7 bp −$77.3 bp −$7321.1 bp −$2,110doesn't fit
Sell Ondo Perps no order-book sample
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−0.0708%4h148.59+0.229%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.52+0.185%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.53+0.189%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.61+0.240%$1K$148K10xas long as short
SunX ORCL-USDT0.0000%8h148.68+0.290%$2K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.54+0.196%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.48+0.155%$474K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.44+0.128%$602K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.546%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.38+0.088%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.42+0.115%$67K25xas long as short
Polymarket Perps ORCL-USDlong+0.0050%1h148.25long leg$130K$80K10x
SoDEX ORCL-USD+0.0050%1h148.42+0.115%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h148.26+0.007%$707K$835K10x
Nado ORCL-PERP+0.0057%1h148.29+0.026%$87K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.43+0.121%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0075%1h148.34+0.061%$21.6M$6.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.51+0.175%$240K$321K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.47+0.148%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.46+0.142%$18910xas long as short
Variational Omni ORCL+0.0139%8h148.60+0.236%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0189%8h148.44+0.128%$4.9M$5.9M20xas long as short
Extended ORCL_24_5-USD+0.0208%1h148.42+0.112%$386K$2.1M10xas long as short
Binance ORCLUSDT+0.0209%8h148.46+0.142%$25.0M$36.2M20xas long as short
Gate ORCL_USDT+0.0248%8h148.58+0.223%$2.3M$2.9M25xas long as short
Bybit ORCLUSDT+0.0391%8h148.50+0.169%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0452%8h148.53+0.189%$48K$45K20xas long as short
Phoenix ORCL+0.0537%1h148.48+0.155%$152K$73K10xas long as short