Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: Ondo Perps against HTX−0.281%7-day average — · you buy dearer than you sell

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

Long on HTX Short on Ondo Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.093%+$9 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories

Funding pays, the price is against you. Ondo Perps is 0.281% cheaper against HTX than usual: you would sell low and buy high (spread −0.281% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$28 on $10k: about 19 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ORCL-USDT	149.56	0	get 0.0000% / 8h	6h 56m	$52K	$24K	20x
Short	Ondo Perps ORCL-USD.P	149.14	0.0050	get 0.0006% / 1h	56m 05s	$715K	$851K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Ondo Perps against HTX. 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

Position, each leg$Hold fordaysFee HTXbpFee Ondo PerpsbpOrdersPrice spread, now −0.281%Rate

Funding earned: $10.58
Price spread: −0.281% → 0.000%: −$28.08
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee Ondo Perps: 2.5 bp × 2 orders: −$5
Net: −$34.5
Costs to cover: 0.170%
Break-even: 29.8 days

Slippage unknown: HTX: no order-book sample; 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 HTX no order-book sample	—	—	—	—	—
Sell Ondo Perps no order-book sample	—	—	—	—	—

HTX and 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	−0.0336%	4h	149.37	−0.124%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.18	−0.255%	$97K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.41	−0.100%	$7.7M	$2.5M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.61	+0.033%	$2K	$2.5M	10x	as long as short
HTX ORCL-USDTlong	0.0000%	8h	149.56	long leg	$52K	$24K	20x
Lighter ORCL	+0.0032%	1h	149.45	−0.074%	$477K	$59K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.334%	$20K	$9K	12x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.43	−0.087%	—	$55K	25x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.30	−0.174%	$131K	$70K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.31	−0.167%	$30K	$3K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Ondo Perps ORCL-USD.Pshort	+0.0050%	1h	149.14	−0.281%	$715K	$851K	10x
QFEX ORCL-USD	+0.0075%	1h	149.31	−0.167%	$1.1M	$1.9M	10x	as long as short
Lighter RH ORCL	+0.0088%	1h	149.34	−0.147%	$607K	$277K	10x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	149.41	−0.100%	$243K	$357K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.22	−0.227%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.34	−0.147%	$190	—	10x	as long as short
Nado ORCL-PERP	+0.0107%	1h	149.33	−0.157%	$88K	$22K	10x	as long as short
Variational Omni ORCL	+0.0155%	8h	149.36	−0.135%	$1.2M	$416K	—	as long as short
OKX ORCL-USDT-SWAP	+0.0205%	8h	149.33	−0.154%	$5.0M	$6.0M	20x	as long as short
tradeXYZ xyz:ORCL	+0.0221%	1h	149.25	−0.207%	$21.8M	$6.8M	10x	as long as short
Extended ORCL_24_5-USD	+0.0264%	1h	149.31	−0.169%	$388K	$2.1M	10x	as long as short
Binance ORCLUSDT	+0.0265%	8h	149.34	−0.147%	$25.2M	$35.8M	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0280%	8h	149.35	−0.140%	$1K	$144K	10x	as long as short
Gate ORCL_USDT	+0.0313%	8h	149.40	−0.107%	$2.3M	$2.8M	25x	as long as short
Arcus ORCL-USD	+0.0415%	1h	149.31	−0.167%	$86K	$79K	10x	as long as short
Phoenix ORCL	+0.0537%	1h	149.30	−0.174%	$153K	$72K	10x	as long as short
Bybit ORCLUSDT	+0.0664%	8h	149.37	−0.127%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0705%	8h	149.34	−0.147%	$48K	$45K	20x	as long as short