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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.7% APRnext payment $0.01 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against QFEX−0.148%7-day average −0.091% · you buy dearer than you sell
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 4 days (all we have)+0.014%+$1 on $10k
Price spread, last 4 days (all we have)+0.010%+$1 · spread now −0.148%, 7d avg −0.091%
Together, before fees+0.024%+ Points / potential airdropOndo Perps: Active · farm board+$2 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: Ondo Perps is 0.057% cheaper against QFEX than usual: you would sell low and buy high, −$6 on $10k if it goes back to its 7-day average of −0.091%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.120.0057pay 0.0007% / 1h31m 55s$1.1M$2.0M10x
ShortOndo Perps ORCL-USD.P148.900.0050get 0.0006% / 1h31m 55s$698K$854K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against QFEX. 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
−$1.38
Price spread: −0.148% → −0.091%
−$5.67
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$22.05
Costs to cover
0.150%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; 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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 5 min ago1.67 bp6.8 bp −$78.2 bp −$82doesn't fitdoesn't fit
Sell Ondo Perps no order-book sample
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−0.0538%4h149.21+0.063%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.85+0.492%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.21+0.060%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.34+0.148%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.20+0.054%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.11−0.007%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.10−0.013%$621K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.040%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.08−0.027%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.14+0.013%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h148.99−0.087%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.04−0.054%$130K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.09−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h148.90−0.148%$698K$854K10x
Nado ORCL-PERP+0.0055%1h149.05−0.045%$88K$22K10xas long as short
QFEX ORCL-USDlong+0.0057%1h149.12long leg$1.1M$2.0M10x
KuCoin ORCLUSDTM+0.0100%8h149.17+0.034%$240K$274K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.11−0.007%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.06−0.040%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20+0.051%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.27+0.097%$1K$156K10xas long as short
Gate ORCL_USDT+0.0199%8h149.22+0.067%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0234%8h149.09−0.020%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0262%8h149.09−0.018%$24.9M$36.5M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.07−0.035%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14+0.013%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0556%8h149.22+0.067%$47K$44K20xas long as short
Bybit ORCLUSDT+0.0562%8h149.10−0.013%$4.1M$1.9M50xas long as short