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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC+0.0667%/8h= +73.0% APRpaid last 24h +0.148%
Price spread now: Ondo Perps against edgeX−0.175%7-day average −0.099% · 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+1.254%+$125 on $10k
Price spread, last 4 days (all we have)−0.152%−$15 · spread now −0.175%, 7d avg −0.099%
Together, before fees+1.102%+ Points / potential airdropedgeX: Active · Ondo Perps: Active · farm board+$110 on $10k · with fees, hour by hour
Funding pays, the price is against you. Ondo Perps is 0.077% cheaper against edgeX than usual: you would sell low and buy high (spread −0.175% now, against its 7-day average of −0.099%). If the spread goes back, that is −$8 on $10k: about 9 hours of funding at the current rate (+$20 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.34−0.0616get 0.0308% / 4h2h 55m$28K$214K10x
ShortOndo Perps ORCL-USD.P149.080.0050get 0.0006% / 1h55m 15s$715K$850K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against edgeX. 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
$140.03
Price spread: −0.175% → −0.099%
−$7.67
Slippage, 4 orders
no order book: not counted
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
$118.37
Costs to cover
0.140%
Break-even
1.1 days
Slippage unknown: edgeX: live order book, 37 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 edgeX live order book, 37 min ago5.38 bp10.5 bp −$1018.3 bp −$183doesn'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 ORCLUSDClong−0.0616%4h149.34long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.07−0.180%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.31−0.021%$7.7M$2.5M20xas long as short
SunX ORCL-USDT0.0000%8h149.48+0.092%$2K$2.5M10xas long as short
HTX ORCL-USDT0.0000%8h149.56+0.146%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.26−0.055%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.22−0.082%$607K$277K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.189%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.40+0.039%$55K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.16−0.122%$131K$70K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.20−0.095%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.08−0.175%$715K$850K10x
QFEX ORCL-USD+0.0075%1h149.22−0.082%$1.1M$1.9M10xas long as short
Nado ORCL-PERP+0.0076%1h149.20−0.092%$88K$22K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.36+0.012%$242K$358K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.23−0.075%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.21−0.088%$19010xas long as short
tradeXYZ xyz:ORCL+0.0156%1h149.17−0.115%$21.8M$6.8M10xas long as short
Variational Omni ORCL+0.0172%8h149.32−0.014%$1.2M$415Kas long as short
OKX ORCL-USDT-SWAP+0.0203%8h149.27−0.048%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.18−0.111%$388K$2.1M10xas long as short
Binance ORCLUSDT+0.0268%8h149.22−0.082%$25.2M$35.8M20xas long as short
Gate ORCL_USDT+0.0303%8h149.29−0.035%$2.3M$2.8M25xas long as short
GRVT ORCL_USDT_Perp+0.0403%8h149.47+0.086%$1K$143K10xas long as short
Arcus ORCL-USD+0.0415%1h149.17−0.115%$86K$79K10xas long as short
Phoenix ORCL+0.0537%1h149.30−0.028%$153K$72K10xas long as short
Bybit ORCLUSDT+0.0639%8h149.28−0.042%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0655%8h149.37+0.019%$48K$45K20xas long as short