Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0017%/8h= −1.9% APRnext payment $0.02 per $10,000 · paid last 24h +0.014%
Price spread now: Injective against Ondo Perps−0.321%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 7 days+0.024%+$2 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropOndo 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 Injective is 0.321% cheaper against Ondo Perps than usual: you would sell low and buy high (−$32 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P149.540.0050pay 0.0006% / 1h43m 54s$703K$723K10x
ShortInjective ORCL/USDC PERP149.060.0033get 0.0004% / 1h43m 54s$20K$12K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$3.58
Price spread: −0.321% → 0.000%
−$32.1
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$40.7
Costs to cover
0.050%
Break-even
never at this rate
Slippage unknown: Ondo Perps: no order-book sample; Injective: 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 Ondo Perps no order-book sample
Sell Injective no order-book sample
Ondo Perps and Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0228%4h149.68+0.095%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.53−0.004%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.77+0.154%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.92+0.254%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.77+0.154%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.68+0.094%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.65+0.074%$624K$315K10xas long as short
Injective ORCL/USDC PERPshort+0.0033%1h149.06−0.321%$20K$12K12x
Nado ORCL-PERP+0.0036%1h149.53−0.006%$91K$20K10xas long as short
Arcus ORCL-USD+0.0040%1h149.58+0.027%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.67+0.087%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.56+0.013%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.63+0.060%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.68+0.094%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h149.54long leg$703K$723K10x
QFEX ORCL-USD+0.0067%1h149.66+0.080%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.62+0.053%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.67+0.087%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0212%8h149.540.000%$2K$177K10xas long as short
Variational Omni ORCL+0.0245%8h149.69+0.100%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0301%8h149.76+0.147%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.64+0.068%$390K$1.3M10xas long as short
Binance ORCLUSDT+0.0322%8h149.71+0.115%$25.2M$35.3M20xas long as short
KuCoin ORCLUSDTM+0.0357%8h149.78+0.160%$262K$279K20xas long as short
OKX ORCL-USDT-SWAP+0.0388%8h149.73+0.127%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.67+0.087%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0710%8h149.80+0.174%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0725%8h149.76+0.147%$4.1M$1.8M50xas long as short