ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0270%/8h= −29.5% APRnext payment −$0.34 per $10,000 · paid last 24h −0.048%

Price spread now: Ondo Perps against Extended+0.035%7-day average −0.075% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Extended Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.075%−$7 on $10k

Price spread, last 4 days (all we have)−0.110%−$11 · spread now +0.035%, 7d avg −0.075%

Together, before fees−0.185%+ Points / potential airdropExtended: Active · Ondo Perps: Active · farm board−$18 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Ondo Perps is 0.110% dearer against Extended than usual: you sell high and buy low (spread +0.035% now, against its 7-day average of −0.075%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.075% in total) that is about 10 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.075% in total (about -3.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.34 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Extended ORCL_24_5-USD	149.50	0.0320	pay 0.0040% / 1h	41m 17s	$390K	$1.3M	10x
Short	Ondo Perps ORCL-USD.P	149.55	0.0050	get 0.0006% / 1h	41m 17s	$703K	$724K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

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latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee Ondo PerpsbpOrdersPrice spread, now +0.035%Rate

Funding earned: −$56.62
Price spread: +0.035% → −0.075%: $11.03
Slippage, 4 orders: no order book: not counted
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$55.58
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Extended: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Extended live order book, 2 min ago	1.34 bp	7.9 bp −$8	67.1 bp −$671	doesn't fit	doesn'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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0509%	4h	149.69	+0.126%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.44	−0.041%	$94K	$16K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.68	+0.122%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.76	+0.176%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.82	+0.216%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.58	+0.055%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.57	+0.049%	$624K	$315K	10x	as long as short
Nado ORCL-PERP	+0.0033%	1h	149.45	−0.034%	$91K	$20K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.293%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.57	+0.049%	$87K	$79K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ORCL-USD-PERP	+0.0046%	1h	149.62	+0.082%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.43	−0.045%	$21.6M	$6.8M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.50	+0.002%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.55	+0.035%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.Pshort	+0.0050%	1h	149.55	+0.035%	$703K	$724K	10x
QFEX ORCL-USD	+0.0067%	1h	149.54	+0.029%	$1.1M	$2.1M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.57	+0.049%	$22K	$262K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.53	+0.022%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0214%	8h	149.67	+0.115%	$2K	$177K	10x	as long as short
Variational Omni ORCL	+0.0245%	8h	149.69	+0.128%	$1.3M	$363K	—	as long as short
Gate ORCL_USDT	+0.0298%	8h	149.59	+0.062%	$2.3M	$3.0M	25x	as long as short
Extended ORCL_24_5-USDlong	+0.0320%	1h	149.50	long leg	$390K	$1.3M	10x
Binance ORCLUSDT	+0.0322%	8h	149.54	+0.027%	$25.2M	$35.4M	20x	as long as short
KuCoin ORCLUSDTM	+0.0358%	8h	149.70	+0.136%	$261K	$279K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0387%	8h	149.62	+0.082%	$5.0M	$5.8M	20x	as long as short
Phoenix ORCL	+0.0535%	1h	149.57	+0.049%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0719%	8h	149.62	+0.082%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0749%	8h	149.67	+0.115%	$47K	$43K	20x	as long as short