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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0605%/8h= +66.3% APRpaid last 24h +0.100%
Price spread now: BloFin against Ondo Perps+0.201%7-day average · you sell dearer than you buy
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+0.156%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$18 a day on $10k at the current rate, and BloFin is 0.201% dearer against Ondo Perps than usual: you sell high and buy low: +$20 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.156% in total (about 8.1% 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
LongOndo Perps ORCL-USD.P149.560.0050pay 0.0006% / 1h4m 48s$704K$797K10x
ShortBloFin ORCL-USDT149.860.0656get 0.0656% / 8h3h 04m$47K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

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

Profit calculator

Funding earned
$127.08
Price spread: +0.201% → 0.000%
$20.06
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$130.14
Costs to cover
0.170%
Break-even
from the start
Slippage unknown: Ondo Perps: no order-book sample; BloFin: 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 Ondo Perps no order-book sample
Sell BloFin no order-book sample
Ondo Perps and BloFin: 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−0.0308%4h149.63+0.047%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.84+0.187%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.89+0.221%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h150.02+0.308%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.174%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.83+0.181%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.80+0.160%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.334%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.66+0.067%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.78+0.147%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.64+0.053%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.71+0.100%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.76+0.134%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.56long leg$704K$797K10x
QFEX ORCL-USD+0.0067%1h149.75+0.127%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0067%1h149.64+0.051%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.74+0.120%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.75+0.127%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0191%8h149.74+0.121%$1K$175K10xas long as short
Variational Omni ORCL+0.0234%8h149.82+0.173%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0312%1h149.78+0.148%$388K$1.1M10xas long as short
Binance ORCLUSDT+0.0313%8h149.83+0.181%$25.1M$35.6M20xas long as short
Gate ORCL_USDT+0.0325%8h149.87+0.207%$2.3M$3.0M25xas long as short
KuCoin ORCLUSDTM+0.0334%8h149.80+0.160%$262K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0354%8h149.78+0.147%$5.0M$5.9M20xas long as short
Phoenix ORCL+0.0535%1h149.59+0.020%$153K$75K10xas long as short
BloFin ORCL-USDTshort+0.0656%8h149.86+0.201%$47K$43K20x
Bybit ORCLUSDT+0.0681%8h149.84+0.187%$4.1M$1.8M50xas long as short