Funding you earn now, next payment 07:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.096%
Price spread now: Bitget against Ondo Perps+0.201%7-day average +0.153% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.099%+$10 on $10k
+Price spread, last 4 days (all we have)+0.002%$0 · spread now +0.201%, 7d avg +0.153%
=Together, before fees+0.102%+ Points / potential airdropOndo Perps: Active · farm board+$10 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bitget is 0.048% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.201% now, against its 7-day average of +0.153%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 3.2 days. Mind the row above: over the last 7 days funding on this pair paid +0.099%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.19 | 0.0050 | pay 0.0006% / 1h | 16m 42s | $699K | $894K | 10x |
| Short | Bitget ORCLUSDT | 149.49 | 0 | get 0.0000% / 8h | 1h 16m | $7.7M | $3.8M | 20x |
Ondo Perps ORCL-USD.P
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$10.58
- Price spread: +0.201% → +0.153%
- $4.83
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$22.75
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Bitget: 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 Bitget live order book, 2 min ago | 2.01 bp | 13.8 bp −$14 | 31.6 bp −$316 | doesn't fit | 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 | −0.0171% | 4h | 149.36 | +0.112% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.25 | +0.043% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.49 | +0.201% | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.308% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.208% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.46 | +0.181% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.38 | +0.127% | $623K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.087% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.29 | +0.067% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.37 | +0.121% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster 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 | 149.25 | +0.040% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.34 | +0.101% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.38 | +0.127% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.19 | long leg | $699K | $894K | 10x | |
| Nado ORCL-PERP | +0.0061% | 1h | 149.22 | +0.018% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.40 | +0.141% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.32 | +0.087% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | +0.114% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0130% | 8h | 149.38 | +0.127% | $240K | $278K | 20x | as long as short |
| Variational Omni ORCL | +0.0163% | 8h | 149.41 | +0.147% | $1.2M | $423K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0168% | 8h | 149.41 | +0.146% | $1K | $162K | 10x | as long as short |
| Gate ORCL_USDT | +0.0217% | 8h | 149.48 | +0.194% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.39 | +0.134% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.37 | +0.119% | $388K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.41 | +0.147% | $24.9M | $36.9M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.32 | +0.087% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0550% | 8h | 149.45 | +0.174% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0576% | 8h | 149.45 | +0.174% | $4.1M | $1.9M | 50x | 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
KuCoin ORCLUSDTM
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT