Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.096%
Price spread now: Bitget against Ondo Perps+0.194%7-day average +0.154% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.061%+$6 · spread now +0.194%, 7d avg +0.154%
=Together, before fees+0.160%+ Points / potential airdropOndo Perps: Active · farm board+$16 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.040% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.194% now, against its 7-day average of +0.154%): +$4 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.7 days. Mind the row above: over the last 7 days funding on this pair paid +0.100%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.51 | 0.0050 | pay 0.0006% / 1h | 7m 35s | $703K | $790K | 10x |
| Short | Bitget ORCLUSDT | 149.80 | 0 | get 0.0000% / 8h | 3h 07m | $7.7M | $3.8M | 20x |
Ondo Perps ORCL-USD.P
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Ondo Perps. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$10.58
- Price spread: +0.194% → +0.154%
- $4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$23.56
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: live order book, 6 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 6 min ago | 2.34 bp | 14.9 bp −$15 | 28.2 bp −$282 | doesn't fit | doesn't fit |
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 | −0.0308% | 4h | 149.63 | +0.080% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.74 | +0.157% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.80 | +0.194% | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.241% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.140% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.127% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.68 | +0.114% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.301% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | +0.060% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | +0.147% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.58 | +0.047% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.62 | +0.074% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | +0.100% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.51 | long leg | $703K | $790K | 10x | |
| Nado ORCL-PERP | +0.0064% | 1h | 149.59 | +0.053% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.67 | +0.107% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.66 | +0.100% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.62 | +0.074% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0192% | 8h | 149.67 | +0.107% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.65 | +0.095% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0311% | 8h | 149.74 | +0.154% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.68 | +0.116% | $388K | $786K | 10x | as long as short |
| Gate ORCL_USDT | +0.0323% | 8h | 149.78 | +0.181% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0333% | 8h | 149.76 | +0.167% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0356% | 8h | 149.75 | +0.161% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.68 | +0.114% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0676% | 8h | 149.75 | +0.161% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0707% | 8h | 149.75 | +0.161% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT