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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.024%
Price spread now: Ondo Perps against SunX−0.308%7-day average −0.262% · 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 7 days+0.093%+$9 on $10k
Price spread, last 3 days (all we have)+0.022%+$2 · spread now −0.308%, 7d avg −0.262%
Together, before fees+0.114%+ Points / potential airdropOndo Perps: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.046% cheaper against SunX than usual: you would sell low and buy high (spread −0.308% now, against its 7-day average of −0.262%). If the spread goes back, that is −$5 on $10k: about 3.1 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.340get 0.0000% / 8h25m 04s$2K$2.9M10x
ShortOndo Perps ORCL-USD.P148.880.0050get 0.0006% / 1h25m 04s$709K$695K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against SunX. 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
$10.58
Price spread: −0.308% → −0.262%
−$4.64
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$7.06
Costs to cover
0.130%
Break-even
11.7 days
Slippage unknown: SunX: 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 SunX live order book, 2 min ago29.80 bpdoesn't fitdoesn't fitdoesn't fitdoesn'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−0.0935%4h149.09−0.168%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.14−0.133%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.17−0.114%$2.3M$2.9M25xas long as short
SunX ORCL-USDTlong0.0000%8h149.34long leg$2K$2.9M10x
HTX ORCL-USDT0.0000%8h149.16−0.121%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.16−0.121%$472K$53K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.187%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.09−0.167%$127K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.02−0.214%$131K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.11−0.154%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.Pshort+0.0050%1h148.88−0.308%$709K$695K10x
QFEX ORCL-USD+0.0071%1h149.08−0.174%$1.1M$2.9M10xas long as short
Variational Omni ORCL+0.0075%8h149.11−0.155%$1.3M$314Kas long as short
GRVT ORCL_USDT_Perp+0.0085%8h149.11−0.157%$1K$194K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.00−0.228%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.09−0.167%$19010xas long as short
Extended ORCL_24_5-USD+0.0128%1h149.09−0.167%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0132%8h149.13−0.144%$24.9M$35.5M20xas long as short
Lighter RH ORCL+0.0136%1h149.14−0.134%$620K$462K10xas long as short
tradeXYZ xyz:ORCL+0.0152%1h149.02−0.214%$21.5M$8.4M10xas long as short
Nado ORCL-PERP+0.0166%1h149.00−0.230%$92K$18K10xas long as short
KuCoin ORCLUSDTM+0.0225%8h149.21−0.087%$258K$239K20xas long as short
Arcus ORCL-USD+0.0289%1h149.01−0.221%$86K$81K10xas long as short
OKX ORCL-USDT-SWAP+0.0289%8h149.11−0.154%$4.8M$5.7M20xas long as short
Bitget ORCLUSDT+0.0366%8h149.18−0.107%$7.4M$4.6M20xas long as short
Bybit ORCLUSDT+0.0526%8h149.15−0.127%$3.5M$1.5M50xas long as short
BloFin ORCL-USDT+0.0530%8h149.13−0.141%$47K$51K20xas long as short
Phoenix ORCL+0.0538%1h149.07−0.181%$149K$84K10xas long as short