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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC0.0000%/8h= 0.0% APRnext payment $0.00 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Ondo Perps+0.094%7-day average +0.004% · 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+0.016%+$2 on $10k
Price spread, last 4 days (all we have)−0.176%−$18 · spread now +0.094%, 7d avg +0.004%
Together, before fees−0.160%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board−$16 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.090% dearer against Ondo Perps than usual: you sell high and buy low, +$9 on $10k if it goes back to its 7-day average of +0.004%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P149.430.0050pay 0.0006% / 1h0m 57s$703K$727K10x
ShorttradeXYZ xyz:ORCL149.570.0050get 0.0006% / 1h0m 57s$21.6M$6.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
−$0.08
Price spread: +0.094% → +0.004%
$8.98
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$14.11
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 8 min ago. 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 tradeXYZ live order book, 8 min ago0.33 bp11.2 bp −$1115.5 bp −$155doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0819%4h149.72+0.197%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.56+0.085%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.95+0.348%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.72+0.194%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.70+0.181%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.70+0.181%$623K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.248%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.60+0.114%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.63+0.134%$67K25xas long as short
tradeXYZ xyz:ORCLshort+0.0050%1h149.57+0.094%$21.6M$6.8M10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.62+0.127%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.69+0.174%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.43long leg$703K$727K10x
QFEX ORCL-USD+0.0059%1h149.67+0.161%$1.1M$2.4M10xas long as short
Bitget ORCLUSDT+0.0082%8h149.79+0.241%$7.7M$4.0M20xas long as short
Nado ORCL-PERP+0.0098%1h149.53+0.066%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.69+0.174%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.71+0.187%$19010xas long as short
Gate ORCL_USDT+0.0146%8h149.78+0.234%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0229%8h149.71+0.185%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0260%8h149.72+0.193%$2K$178K10xas long as short
Binance ORCLUSDT+0.0301%8h149.71+0.187%$25.1M$35.6M20xas long as short
Extended ORCL_24_5-USD+0.0304%1h149.71+0.185%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0377%8h149.79+0.241%$262K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0383%8h149.71+0.187%$4.9M$5.6M20xas long as short
Phoenix ORCL+0.0536%1h149.60+0.114%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0671%8h149.79+0.241%$3.9M$1.7M50xas long as short
BloFin ORCL-USDT+0.0671%8h149.84+0.274%$47K$43K20xas long as short