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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0298%/8h= −32.6% APRpaid last 24h −0.034%
Price spread now: Ondo Perps against KuCoin−0.294%7-day average −0.116% · 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−0.136%−$14 on $10k
Price spread, last 4 days (all we have)+0.095%+$10 · spread now −0.294%, 7d avg −0.116%
Together, before fees−0.041%+ Points / potential airdropOndo Perps: Active · farm board−$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and Ondo Perps is 0.178% cheaper against KuCoin than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of −0.116%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.136% in total (about -7.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.560.0348pay 0.0348% / 8h5h 23m$261K$269K20x
ShortOndo Perps ORCL-USD.P149.120.0050get 0.0006% / 1h23m 12s$698K$723K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against KuCoin. 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
−$62.5
Price spread: −0.294% → −0.116%
−$17.79
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$97.28
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 73 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 KuCoin live order book, 73 min ago8.03 bp111.7 bp −$112doesn't fitdoesn'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−0.0507%4h149.41−0.100%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.26−0.203%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.68+0.080%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.53−0.020%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.47−0.060%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.44−0.080%$622K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.334%$20K$12K12xas long as short
Bitget ORCLUSDT+0.0038%8h149.53−0.020%$7.7M$4.0M20xas long as short
Arcus ORCL-USD+0.0040%1h149.32−0.160%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.42−0.094%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.32−0.160%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.38−0.120%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.41−0.100%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.12−0.294%$698K$723K10x
QFEX ORCL-USD+0.0059%1h149.42−0.094%$1.1M$2.6M10xas long as short
Gate ORCL_USDT+0.0064%8h149.50−0.040%$2.3M$2.9M25xas long as short
Nado ORCL-PERP+0.0074%1h149.28−0.188%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.44−0.080%$22K$268K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.43−0.087%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0164%8h149.39−0.114%$2K$179K10xas long as short
Variational Omni ORCL+0.0184%8h149.41−0.097%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0260%8h149.46−0.067%$24.9M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.43−0.085%$389K$1.3M10xas long as short
OKX ORCL-USDT-SWAP+0.0342%8h149.47−0.060%$4.9M$5.6M20xas long as short
KuCoin ORCLUSDTMlong+0.0348%8h149.56long leg$261K$269K20x
Phoenix ORCL+0.0536%1h149.30−0.174%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0547%8h149.55−0.007%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0574%8h149.560.000%$3.7M$1.5M50xas long as short