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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0008%/8h= −0.9% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against QFEX−0.187%7-day average −0.089% · you buy dearer than you sell
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 4 days (all we have)+0.015%+$1 on $10k
Price spread, last 4 days (all we have)−0.094%−$9 · spread now −0.187%, 7d avg −0.089%
Together, before fees−0.080%+ Points / potential airdropOndo Perps: Active · farm board−$8 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 0.098% cheaper against QFEX than usual: you would sell low and buy high, −$10 on $10k if it goes back to its 7-day average of −0.089%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.690.0059pay 0.0007% / 1h5m 01s$1.1M$2.4M10x
ShortOndo Perps ORCL-USD.P149.410.0050get 0.0006% / 1h5m 01s$703K$727K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against QFEX. 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
−$1.76
Price spread: −0.187% → −0.089%
−$9.78
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$26.55
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 2 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 QFEX live order book, 2 min ago1.67 bp6.7 bp −$76.7 bp −$6712.5 bp −$1,252doesn'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−0.0897%4h149.70+0.006%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.55−0.096%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.97+0.187%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.087%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.71+0.013%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.71+0.013%$623K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.421%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.61−0.053%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.690.000%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.58−0.073%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.66−0.020%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.71+0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.41−0.187%$703K$727K10x
QFEX ORCL-USDlong+0.0059%1h149.69long leg$1.1M$2.4M10x
Bitget ORCLUSDT+0.0077%8h149.80+0.073%$7.7M$4.0M20xas long as short
Nado ORCL-PERP+0.0095%1h149.55−0.093%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.72+0.020%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.73+0.027%$19010xas long as short
Gate ORCL_USDT+0.0128%8h149.80+0.073%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0219%8h149.71+0.011%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0241%8h149.72+0.019%$2K$178K10xas long as short
Extended ORCL_24_5-USD+0.0288%1h149.71+0.015%$390K$1.3M10xas long as short
Binance ORCLUSDT+0.0292%8h149.75+0.040%$25.1M$35.5M20xas long as short
KuCoin ORCLUSDTM+0.0372%8h149.80+0.073%$261K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0377%8h149.78+0.060%$4.9M$5.6M20xas long as short
Phoenix ORCL+0.0536%1h149.61−0.053%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0650%8h149.83+0.094%$3.9M$1.7M50xas long as short
BloFin ORCL-USDT+0.0667%8h149.81+0.080%$47K$43K20xas long as short