Spread before costs (cost unknown: a leg has no order-book sample)+0.121%
7d average+0.111%if it closes, per $10,000$12funding while held, a day+$11.19
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.00 | 0.0050 | pay 0.0006% / 1h | 45m 12s | $717K | $560K | 10x |
| Short | Bybit ORCLUSDT | 149.18 | 0.0423 | get 0.0423% / 8h | 6h 45m | $3.3M | $1.4M | 50x |
Ondo Perps ORCL-USD.P
Bybit ORCLUSDTPrice spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $12.08
- Funding while held
- $11.19
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $7.27
- Spread needed to break even
- 0.160%
Slippage unknown: Ondo Perps: no order-book sample; Bybit: live order book, 4 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- +0.0373%
- Per $10,000 a day
- +$11.19
- Average in range /8h
- —
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 Bybit live order book, 4 min ago | 1.34 bp | 10.7 bp −$11 | 20.5 bp −$205 | 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 price on every exchange
against the cheapest. Click to use as the short leg.Phoenix148.94cheapestedgeX148.94+0.001%Nado148.99+0.031%
Phoenix
NadoOndo Perps149.00+0.040%
tradeXYZ149.01+0.047%Arcus149.01+0.047%Polymarket Perps149.03+0.060%Injective149.06+0.081%Gate149.07+0.087%QFEX149.09+0.101%SoDEX149.10+0.107%Binance149.11+0.113%Extended149.11+0.115%Vest149.12+0.121%Orderly149.12+0.121%BloFin149.12+0.121%Lighter149.13+0.128%OKX149.13+0.128%Lighter RH149.14+0.134%Variational Omni149.14+0.134%KuCoin149.15+0.141%ApeX Omni149.15+0.141%Bitget149.17+0.154%
tradeXYZ
Arcus
Polymarket Perps
Injective
Gate
QFEX
SoDEX
Binance
Extended
Vest
Orderly
BloFin
Lighter
OKX
Lighter RH
Variational Omni
KuCoin
ApeX Omni
BitgetBybit149.18+0.161%
Aster149.25+0.206%HTX149.25+0.208%SunX149.38+0.295%
Aster
HTX
SunXORCL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix ORCL | −0.040% | +0.0587% | 1h | $149K | $101K | 10x | as long as short |
| edgeX ORCLUSDC | −0.039% | −0.0218% | 4h | $29K | $214K | 10x | as long as short |
| Nado ORCL-PERP | −0.009% | +0.0128% | 1h | $93K | $18K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | 0.000% | +0.0050% | 1h | $717K | $560K | 10x | |
| tradeXYZ xyz:ORCL | +0.007% | +0.0050% | 1h | $21.8M | $8.2M | 10x | as long as short |
| Arcus ORCL-USD | +0.007% | +0.0070% | 1h | $79K | $76K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.020% | +0.0050% | 1h | $130K | $117K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.040% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
| Gate ORCL_USDT | +0.047% | 0.0000% | 8h | $2.2M | $2.8M | 25x | as long as short |
| QFEX ORCL-USD | +0.060% | +0.0043% | 1h | $1.1M | $2.5M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.067% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| Binance ORCLUSDT | +0.072% | +0.0269% | 8h | $24.7M | $31.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.074% | +0.0272% | 1h | $387K | $1.4M | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.081% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.081% | +0.0100% | 8h | $190 | — | 10x | as long as short |
| BloFin ORCL-USDT | +0.081% | +0.0438% | 8h | $48K | $50K | 20x | as long as short |
| Lighter ORCL | +0.087% | +0.0032% | 1h | $473K | $7K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.087% | +0.0250% | 8h | $4.7M | $5.4M | 20x | as long as short |
| Lighter RH ORCL | +0.094% | +0.0032% | 1h | $617K | $444K | 10x | as long as short |
| Variational Omni ORCL | +0.094% | +0.0161% | 8h | $1.3M | $264K | — | as long as short |
| KuCoin ORCLUSDTM | +0.101% | +0.0100% | 8h | $258K | $106K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.101% | +0.0100% | 1h | $22K | $268K | 50x | as long as short |
| Bitget ORCLUSDT | +0.114% | +0.0664% | 8h | $7.5M | $4.8M | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.121% | +0.0423% | 8h | $3.3M | $1.4M | 50x | |
| Aster ORCLUSDT | +0.166% | +0.0024% | 8h | $93K | $15K | 20x | as long as short |
| HTX ORCL-USDT | +0.168% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| SunX ORCL-USDT | +0.255% | 0.0000% | 8h | $3K | $2.9M | 10x | as long as short |