Funding you earn now, next payment 05:00 UTC−0.0336%/8h= −36.8% APRpaid last 24h −0.052%
Price spread now: Ondo Perps against OKX+0.020%48s7-day average −0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.072%−$7 on $10k
+Price spread, last 4 days (all we have)−0.173%−$17 · spread now +0.020%, 7d avg −0.109%
=Together, before fees−0.245%+ Points / potential airdropOndo Perps: Active · farm board−$25 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Ondo Perps is 0.129% dearer against OKX than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.109%): +$13 on $10k if it goes back. Holding the pair costs −$10 a day in funding at the current rate, which eats that in about 31 hours. At the pace of the last 7 days (−0.072% in total) that is about 13 days. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.072% in total (about -3.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.52 | 0.0387 | pay 0.0387% / 8h | 3h 40m | $5.0M | $5.8M | 20x |
| Short | Ondo Perps ORCL-USD.P | 149.55 | 0.0050 | get 0.0006% / 1h | 40m 49s | $703K | $724K | 10x |
OKX ORCL-USDT-SWAP
Ondo Perps ORCL-USD.PFunding history
latest
Range statsloading…
Price spread between the two exchanges
Ondo Perps against OKX. 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
- −$70.65
- Price spread: +0.020% → −0.109%
- $12.94
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Net
- −$72.72
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 2 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy OKX live order book, 2 min ago | 0.33 bp | 8.8 bp −$9 | 19.6 bp −$196 | doesn't fit | doesn'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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0509% | 4h | 149.69 | +0.110% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.44 | −0.053% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.60 | +0.054% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.76 | +0.161% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.201% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.58 | +0.040% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.57 | +0.033% | $624K | $315K | 10x | as long as short |
| Nado ORCL-PERP | +0.0033% | 1h | 149.45 | −0.049% | $91K | $20K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.308% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.57 | +0.033% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Nado ORCL-PERP
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.62 | +0.067% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.40 | −0.080% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.50 | −0.013% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.55 | +0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Pshort | +0.0050% | 1h | 149.55 | +0.020% | $703K | $724K | 10x | |
| QFEX ORCL-USD | +0.0067% | 1h | 149.54 | +0.013% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.57 | +0.033% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.53 | +0.007% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0214% | 8h | 149.67 | +0.100% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0242% | 8h | 149.52 | +0.003% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0298% | 8h | 149.57 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.47 | −0.035% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.51 | −0.007% | $25.2M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0358% | 8h | 149.68 | +0.107% | $261K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0387% | 8h | 149.52 | long leg | $5.0M | $5.8M | 20x | |
| Phoenix ORCL | +0.0535% | 1h | 149.57 | +0.033% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0719% | 8h | 149.58 | +0.040% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0749% | 8h | 149.67 | +0.100% | $47K | $43K | 20x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT