Funding you earn now, next payment 08:00 UTC+0.0155%/8h= +16.9% APRpaid last 24h +0.081%
Price spread now: Gate against Ondo Perps+0.168%7-day average +0.144% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.218%+$22 on $10k
+Price spread, last 4 days (all we have)+0.039%+$4 · spread now +0.168%, 7d avg +0.144%
=Together, before fees+0.257%+ Points / potential airdropOndo Perps: Active · farm board+$26 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and Gate is 0.024% dearer against Ondo Perps than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.144%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.08 | 0.0050 | pay 0.0006% / 1h | 9m 22s | $711K | $878K | 10x |
| Short | Gate ORCL_USDT | 149.33 | 0.0205 | get 0.0205% / 8h | 9m 22s | $2.3M | $3.0M | 25x |
Ondo Perps ORCL-USD.P
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $32.47
- Price spread: +0.168% → +0.144%
- $2.36
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $14.83
- Costs to cover
- 0.200%
- Break-even
- 3.8 days
Slippage unknown: Ondo Perps: no order-book sample; Gate: live order book, 4 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 Gate live order book, 4 min ago | 1.67 bp | 13.4 bp −$13 | 20.5 bp −$205 | 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 | −0.0249% | 4h | 149.25 | +0.111% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.211% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.33 | +0.168% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.268% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.161% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.28 | +0.134% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.24 | +0.107% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.013% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | +0.060% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.26 | +0.121% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | 149.14 | +0.040% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.19 | +0.074% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.21 | +0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.08 | long leg | $711K | $878K | 10x | |
| Nado ORCL-PERP | +0.0053% | 1h | 149.10 | +0.014% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.21 | +0.087% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.34 | +0.174% | $240K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | +0.114% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.23 | +0.101% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0174% | 8h | 149.22 | +0.091% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.30 | +0.145% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDTshort | +0.0205% | 8h | 149.33 | +0.168% | $2.3M | $3.0M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0216% | 8h | 149.20 | +0.080% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0263% | 8h | 149.25 | +0.113% | $25.1M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.22 | +0.091% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | +0.054% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0547% | 8h | 149.29 | +0.141% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0569% | 8h | 149.26 | +0.121% | $47K | $45K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT