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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0175%/8h= −19.1% APRpaid last 24h −0.048%
Price spread now: Ondo Perps against Binance−0.033%7-day average −0.108% · 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−0.065%−$7 on $10k
Price spread, last 2 days (all we have)−0.046%−$5 · spread now −0.033%, 7d avg −0.108%
Together, before fees−0.111%+ Points / potential airdropOndo Perps: Active · farm board−$11 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.076% dearer against Binance than usual: you sell high and buy low (spread −0.033% now, against its 7-day average of −0.108%): +$8 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 35 hours. At the pace of the last 7 days (−0.065% in total) that is about 8.1 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORCLUSDT149.450.0225pay 0.0225% / 8h7h 23m$25.1M$35.0M20x
ShortOndo Perps ORCL-USD.P149.400.0050get 0.0006% / 1h23m 12s$703K$698K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Binance. 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
−$36.68
Price spread: −0.033% → −0.108%
$7.58
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$44.1
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 3 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 Binance live order book, 3 min ago1.00 bp8.0 bp −$815.4 bp −$15468.7 bp −$6,873doesn'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−0.0689%4h149.56+0.076%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.48+0.020%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.68+0.155%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.64+0.128%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.54+0.061%$474K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.44−0.006%$622K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.260%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.45+0.001%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.36−0.059%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.42−0.019%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.40−0.033%$703K$698K10x
Nado ORCL-PERP+0.0065%1h149.36−0.057%$92K$18K10xas long as short
QFEX ORCL-USD+0.0075%1h149.44−0.006%$1.1M$2.8M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.48+0.021%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.43−0.013%$19010xas long as short
tradeXYZ xyz:ORCL+0.0107%1h149.32−0.086%$21.5M$6.7M10xas long as short
Variational Omni ORCL+0.0178%8h149.67+0.145%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0224%1h149.39−0.039%$388K$1.3M10xas long as short
Gate ORCL_USDT+0.0224%8h149.52+0.048%$2.3M$2.9M25xas long as short
Binance ORCLUSDTlong+0.0225%8h149.45long leg$25.1M$35.0M20x
KuCoin ORCLUSDTM+0.0301%8h149.55+0.068%$260K$256K20xas long as short
OKX ORCL-USDT-SWAP+0.0323%8h149.45+0.001%$4.8M$5.5M20xas long as short
GRVT ORCL_USDT_Perp+0.0344%8h149.60+0.101%$1K$181K10xas long as short
Bitget ORCLUSDT+0.0420%8h149.54+0.061%$7.6M$4.1M20xas long as short
Arcus ORCL-USD+0.0467%1h149.47+0.014%$87K$79K10xas long as short
Bybit ORCLUSDT+0.0620%8h149.55+0.068%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0623%8h149.77+0.215%$47K$43K20xas long as short
Phoenix ORCL+0.0697%1h149.35−0.066%$153K$84K10xas long as short