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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.4% APRnext payment $0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Ondo Perps against ApeX Omni−0.194%112s7-day average −0.081% · 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−0.112%−$11 on $10k
Price spread, last 4 days (all we have)−0.068%−$7 · spread now −0.194%, 7d avg −0.081%
Together, before fees−0.180%+ Points / potential airdropOndo Perps: Active · farm board−$18 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.113% cheaper against ApeX Omni than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.081%). Swap the legs. The two prices were read 112 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ORACLEUSDT149.820.0100pay 0.0013% / 1h9m 41s$22K$263K50x
ShortOndo Perps ORCL-USD.P149.530.0050get 0.0006% / 1h9m 41s$708K$716K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against ApeX Omni. 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
−$10.42
Price spread: −0.194% → −0.081%
−$11.28
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$36.7
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 47 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 ApeX Omni live order book, 47 min ago8.35 bp20.4 bp −$20211.4 bp −$2,114doesn'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−0.0164%4h149.81−0.007%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.70−0.083%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.09+0.180%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.84+0.013%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.89+0.047%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.84+0.013%$625K$314K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.507%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.73−0.060%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.86+0.027%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.71−0.073%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget ORCLUSDT+0.0050%8h149.90+0.053%$7.7M$3.9M20xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.77−0.033%$132K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.83+0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.53−0.194%$708K$716K10x
Nado ORCL-PERP+0.0059%1h149.71−0.072%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.81−0.007%$1.1M$2.2M10xas long as short
ApeX Omni ORACLEUSDTlong+0.0100%1h149.82long leg$22K$263K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.81−0.007%$19110xas long as short
Variational Omni ORCL+0.0250%8h149.79−0.022%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0256%8h149.83+0.007%$2K$177K10xas long as short
Gate ORCL_USDT+0.0279%8h149.89+0.047%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0328%8h149.86+0.027%$25.2M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.81−0.004%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0375%8h149.88+0.040%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0398%8h149.91+0.060%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0481%1h149.71−0.073%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0751%8h149.92+0.067%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0755%8h149.93+0.073%$47K$43K20xas long as short