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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.005%
Price spread now: Ondo Perps against tradeXYZ−0.047%7-day average −0.006% · 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−0.015%−$2 on $10k
Price spread, last 4 days (all we have)+0.002%$0 · spread now −0.047%, 7d avg −0.006%
Together, before fees−0.013%+ Points / potential airdroptradeXYZ: Active · Ondo Perps: Active · farm board−$1 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 0.041% cheaper against tradeXYZ than usual: you would sell low and buy high, −$4 on $10k if it goes back to its 7-day average of −0.006%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ORCL149.060.0050pay 0.0006% / 1h33m 32s$21.6M$6.9M10x
ShortOndo Perps ORCL-USD.P148.990.0050get 0.0006% / 1h33m 32s$698K$854K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against tradeXYZ. 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: −0.047% → −0.006%
−$4.13
Slippage, 4 orders
no order book: not counted
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$27.04
Costs to cover
0.230%
Break-even
2260.4 days
Slippage unknown: tradeXYZ: live order book, 6 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 tradeXYZ live order book, 6 min ago0.34 bp12.5 bp −$1318.6 bp −$186doesn'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−0.0538%4h149.21+0.103%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.88+0.548%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.29+0.154%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.47+0.275%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32+0.174%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.22+0.107%$477K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.060.000%$20K$9K12xas long as short
Lighter RH ORCL+0.0040%1h149.19+0.087%$622K$316K10xas long as short
Arcus ORCL-USD+0.0040%1h149.11+0.034%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.20+0.094%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCLlong+0.0050%1h149.06long leg$21.6M$6.9M10x
Polymarket Perps ORCL-USD+0.0050%1h149.10+0.027%$131K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.17+0.074%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h148.99−0.047%$698K$854K10x
QFEX ORCL-USD+0.0057%1h149.18+0.081%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0058%1h149.09+0.017%$88K$22K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.25+0.127%$240K$273K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.11+0.034%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.18+0.081%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20+0.091%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.27+0.138%$1K$156K10xas long as short
Gate ORCL_USDT+0.0199%8h149.30+0.161%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0235%8h149.17+0.074%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0263%8h149.17+0.074%$24.9M$36.4M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.14+0.053%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14+0.054%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0551%8h149.29+0.154%$47K$44K20xas long as short
Bybit ORCLUSDT+0.0564%8h149.22+0.107%$4.2M$1.9M50xas long as short