Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.4% APRpaid last 24h −0.015%
Price spread now: Ondo Perps against Orderly+0.033%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropOndo Perps: Active · farm boardneeds both histories
The price spread pays, funding is against you. Ondo Perps is 0.033% dearer against Orderly than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 2.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.50 | 0.0100 | pay 0.0100% / 8h | 3h 39m | $190 | — | 10x |
| Short | Ondo Perps ORCL-USD.P | 149.55 | 0.0050 | get 0.0006% / 1h | 39m 37s | $703K | $724K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against Orderly. 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
- −$10.42
- Price spread: +0.033% → 0.000%
- $3.34
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$18.07
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Ondo Perps: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Orderly no order-book sample | — | — | — | — | — |
| Sell Ondo Perps no order-book sample | — | — | — | — | — |
Orderly and 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 | −0.0948% | 4h | 149.56 | +0.037% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.37 | −0.085% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.56 | +0.040% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.147% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.214% | $52K | $24K | 20x | as long as short |
| Nado ORCL-PERP | +0.0031% | 1h | 149.44 | −0.042% | $91K | $20K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.027% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.47 | −0.020% | $623K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.294% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.48 | −0.013% | $87K | $79K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.57 | +0.047% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.35 | −0.100% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.46 | −0.027% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 149.55 | +0.033% | $703K | $724K | 10x | |
| QFEX ORCL-USD | +0.0067% | 1h | 149.45 | −0.033% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.57 | +0.047% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.50 | long leg | $190 | — | 10x | |
| GRVT ORCL_USDT_Perp | +0.0210% | 8h | 149.53 | +0.022% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0242% | 8h | 149.52 | +0.016% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0294% | 8h | 149.51 | +0.007% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0319% | 8h | 149.45 | −0.035% | $25.1M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.40 | −0.066% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0355% | 8h | 149.61 | +0.074% | $261K | $278K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0384% | 8h | 149.50 | 0.000% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.57 | +0.047% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0711% | 8h | 149.52 | +0.013% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0749% | 8h | 149.67 | +0.114% | $47K | $43K | 20x | 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
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT