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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Ondo Perps against Aster−0.332%7-day average −0.156% · 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 7 days+0.093%+$9 on $10k
Price spread, last 4 days (all we have)+0.028%+$3 · spread now −0.332%, 7d avg −0.156%
Together, before fees+0.121%+ Points / potential airdropAster: Stage 5 · Ondo Perps: Active · farm board+$12 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.176% cheaper against Aster than usual: you would sell low and buy high (spread −0.332% now, against its 7-day average of −0.156%). If the spread goes back, that is −$18 on $10k: about 12 days of funding at the current rate (+$2 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORCLUSDT150.510get 0.0000% / 8h5h 03m$106K$22K20x
ShortOndo Perps ORCL-USD.P150.010.0050get 0.0006% / 1h3m 05s$697K$887K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Aster. 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
$10.58
Price spread: −0.332% → −0.156%
−$17.64
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.05
Costs to cover
0.130%
Break-even
20.3 days
Slippage unknown: Aster: live order book, 3 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 Aster live order book, 3 min ago34.19 bp106.9 bp −$107doesn't fitdoesn'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 exchanges

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−0.0574%4h150.25−0.175%$28K$216K10xas long as short
Aster ORCLUSDTlong0.0000%8h150.51long leg$106K$22K20x
SunX ORCL-USDT0.0000%8h150.64+0.086%$3K$2.3M10xas long as short
Lighter ORCL+0.0032%1h150.49−0.014%$481K$60K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.964%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.44−0.047%$7K25xas long as short
SoDEX ORCL-USD+0.0050%1h150.38−0.087%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h150.01−0.332%$697K$887K10x
Lighter RH ORCL+0.0064%1h150.41−0.067%$626K$294K10xas long as short
QFEX ORCL-USD+0.0079%1h150.37−0.093%$1.1M$1.9M10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ORCL-PERP+0.0082%1h150.27−0.160%$89K$8K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.27−0.160%$243K$487K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.34−0.113%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h150.41−0.067%$19110xas long as short
HTX ORCL-USDT+0.0135%8h150.12−0.259%$52K$24K20xas long as short
Polymarket Perps ORCL-USD+0.0150%1h150.38−0.087%$80K$148K10xas long as short
tradeXYZ xyz:ORCL+0.0156%1h150.29−0.146%$21.9M$6.6M10xas long as short
Bitget ORCLUSDT+0.0173%8h150.55+0.026%$7.8M$2.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0235%8h150.44−0.047%$5.0M$6.2M20xas long as short
Gate ORCL_USDT+0.0297%8h150.52+0.006%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0337%8h150.16−0.236%$1.2M$370Kas long as short
Extended ORCL_24_5-USD+0.0440%1h150.36−0.100%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0441%8h150.43−0.053%$25.5M$35.4M20xas long as short
Arcus ORCL-USD+0.0445%1h150.32−0.126%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0599%8h150.47−0.027%$2K$136K10xas long as short
Bybit ORCLUSDT+0.0651%8h150.49−0.014%$4.2M$1.8M50xas long as short
BloFin ORCL-USDT+0.0665%8h150.55+0.026%$48K$43K20xas long as short
Phoenix ORCL+0.0749%1h150.35−0.107%$154K$72K10xas long as short