Funding you earn now, next payment 03:00 UTC+0.0298%/8h= +32.6% APRpaid last 24h +0.034%
Price spread now: KuCoin against Ondo Perps+0.295%7-day average +0.116% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.136%+$14 on $10k
+Price spread, last 4 days (all we have)−0.096%−$10 · spread now +0.295%, 7d avg +0.116%
=Together, before fees+0.040%+ Points / potential airdropOndo Perps: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$9 a day on $10k at the current rate, and KuCoin is 0.179% dearer against Ondo Perps than usual: you sell high and buy low: +$18 more if the spread goes back to its 7-day average of +0.116%.
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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.12 | 0.0050 | pay 0.0006% / 1h | 22m 58s | $698K | $723K | 10x |
| Short | KuCoin ORCLUSDTM | 149.56 | 0.0348 | get 0.0348% / 8h | 5h 22m | $260K | $269K | 20x |
Ondo Perps ORCL-USD.P
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $62.5
- Price spread: +0.295% → +0.116%
- $17.87
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- $63.37
- Costs to cover
- 0.170%
- Break-even
- from the start
Slippage unknown: Ondo Perps: no order-book sample; KuCoin: live order book, 73 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 KuCoin live order book, 73 min ago | 8.03 bp | 70.9 bp −$71 | doesn't fit | 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 | −0.0507% | 4h | 149.41 | +0.195% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.25 | +0.090% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.376% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.275% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.47 | +0.235% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | +0.215% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.040% | $20K | $12K | 12x | as long as short |
| Bitget ORCLUSDT | +0.0038% | 8h | 149.53 | +0.275% | $7.7M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.32 | +0.134% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.42 | +0.201% | — | $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
Bitget ORCLUSDT
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 | 149.32 | +0.134% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.38 | +0.174% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.41 | +0.194% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.12 | long leg | $698K | $723K | 10x | |
| QFEX ORCL-USD | +0.0059% | 1h | 149.42 | +0.201% | $1.1M | $2.6M | 10x | as long as short |
| Gate ORCL_USDT | +0.0064% | 8h | 149.50 | +0.255% | $2.3M | $2.9M | 25x | as long as short |
| Nado ORCL-PERP | +0.0074% | 1h | 149.28 | +0.106% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.44 | +0.215% | $22K | $268K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.43 | +0.208% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0164% | 8h | 149.39 | +0.181% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0184% | 8h | 149.41 | +0.197% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0260% | 8h | 149.46 | +0.228% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.42 | +0.201% | $389K | $1.3M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0342% | 8h | 149.47 | +0.235% | $4.9M | $5.6M | 20x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0348% | 8h | 149.56 | +0.295% | $260K | $269K | 20x | |
| Phoenix ORCL | +0.0536% | 1h | 149.30 | +0.121% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0547% | 8h | 149.55 | +0.288% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0574% | 8h | 149.57 | +0.302% | $3.7M | $1.5M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
Gate ORCL_USDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT