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−0.0020%/8h= −2.2% APRnext payment $0.03 per $10,000 · paid last 24h −0.003%
Price spread now: Ondo Perps against Nado−0.039%7-day average · 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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Ondo Perps: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Ondo Perps is 0.039% cheaper against Nado than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ORCL-PERP149.350.0070pay 0.0009% / 1h2m 44s$88K$22K10x
ShortOndo Perps ORCL-USD.P149.290.0050get 0.0006% / 1h2m 44s$699K$832K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Ondo Perps against Nado. 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
−$4.2
Price spread: −0.039% → 0.000%
−$3.86
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Net
−$20.06
Costs to cover
0.120%
Break-even
never at this rate
Slippage unknown: Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy Nado no order-book sample
Sell Ondo Perps no order-book sample
Nado 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 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−0.0944%4h149.64+0.193%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.50+0.102%$105K$22K20xas long as short
Bitget ORCLUSDT0.0000%8h149.64+0.196%$7.7M$2.4M20xas long as short
SunX ORCL-USDT0.0000%8h149.89+0.363%$3K$2.4M10xas long as short
Lighter ORCL+0.0032%1h149.55+0.136%$477K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.193%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.48+0.089%$43K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.36+0.008%$131K$69K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.56+0.142%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Pshort+0.0050%1h149.29−0.039%$699K$832K10x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX ORCL-USDT+0.0051%8h149.77+0.283%$52K$24K20xas long as short
Lighter RH ORCL+0.0064%1h149.52+0.115%$614K$285K10xas long as short
Nado ORCL-PERPlong+0.0070%1h149.35long leg$88K$22K10x
QFEX ORCL-USD+0.0075%1h149.36+0.008%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.54+0.129%$242K$416K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.60+0.169%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.49+0.095%$19010xas long as short
tradeXYZ xyz:ORCL+0.0156%1h149.44+0.062%$21.9M$6.7M10xas long as short
OKX ORCL-USDT-SWAP+0.0211%8h149.52+0.115%$5.0M$6.0M20xas long as short
Variational Omni ORCL+0.0224%8h149.60+0.172%$1.2M$400Kas long as short
Extended ORCL_24_5-USD+0.0328%1h149.43+0.055%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0332%8h149.51+0.106%$25.2M$35.2M20xas long as short
Gate ORCL_USDT+0.0375%8h149.61+0.176%$2.3M$2.9M25xas long as short
Arcus ORCL-USD+0.0415%1h149.37+0.015%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0472%8h149.64+0.196%$1K$139K10xas long as short
Phoenix ORCL+0.0589%1h149.47+0.082%$153K$72K10xas long as short
BloFin ORCL-USDT+0.0616%8h149.75+0.269%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0634%8h149.58+0.156%$4.1M$1.8M50xas long as short