Funding you earn now, next payment 06:00 UTC+0.0218%/8h= +23.9% APRpaid last 24h +0.048%
Price spread now: Binance against Ondo Perps+0.084%7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now +0.084%, 7d avg +0.108%
=Together, before fees+0.282%+ Points / potential airdropOndo Perps: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.025% cheaper against Ondo Perps than usual: you would sell low and buy high (spread +0.084% now, against its 7-day average of +0.108%). If the spread goes back, that is −$2 on $10k: about 9 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.065% in total) that is about 2.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% 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 | Ondo Perps ORCL-USD.P | 148.88 | 0.0050 | pay 0.0006% / 1h | 24m 26s | $687K | $878K | 10x |
| Short | Binance ORCLUSDT | 149.00 | 0.0268 | get 0.0268% / 8h | 2h 24m | $25.0M | $35.8M | 20x |
Ondo Perps ORCL-USD.P
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Ondo Perps. 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
- $45.74
- Price spread: +0.084% → +0.108%
- −$2.45
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $28.29
- Costs to cover
- 0.150%
- Break-even
- 2.7 days
Slippage unknown: Ondo Perps: no order-book sample; Binance: live order book, 2 min ago. 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 2 min ago | 0.34 bp | 8.7 bp −$9 | 19.5 bp −$195 | 99.7 bp −$9,969 | doesn't fit |
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 | −0.0588% | 4h | 148.82 | −0.038% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | +0.101% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.06 | +0.121% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.235% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.235% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.01 | +0.087% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.96 | +0.054% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.121% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.85 | −0.020% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.01 | +0.087% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.89 | +0.007% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.90 | +0.013% | $130K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.97 | +0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.88 | long leg | $687K | $878K | 10x | |
| Nado ORCL-PERP | +0.0056% | 1h | 148.86 | −0.013% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.00 | +0.081% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.91 | +0.020% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | +0.101% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | +0.007% | $1.2M | $416K | — | as long as short |
| Gate ORCL_USDT | +0.0257% | 8h | 149.04 | +0.107% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0259% | 8h | 149.04 | +0.107% | $241K | $287K | 20x | as long as short |
| Binance ORCLUSDTshort | +0.0268% | 8h | 149.00 | +0.084% | $25.0M | $35.8M | 20x | |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 148.96 | +0.054% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0303% | 8h | 149.03 | +0.101% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 148.84 | −0.027% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0623% | 8h | 149.06 | +0.121% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0653% | 8h | 149.03 | +0.101% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT