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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.4% APRpaid last 24h +0.015%
Price spread now: Orderly against Ondo Perps+0.087%7-day average · you sell dearer than you buy
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 5 days (all we have)no history yet
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.087% dearer against Ondo Perps than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P148.990.0050pay 0.0006% / 1h35m 57s$710K$679K10x
ShortOrderly PERP_ORCL_USDC_mythos149.120.0100get 0.0100% / 8h6h 35m$19010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
$10.42
Price spread: +0.087% → 0.000%
$8.73
Slippage, 4 orders
no order book: not counted
Fee Ondo Perps: 2.5 bp × 2 orders
−$5
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.14
Costs to cover
0.110%
Break-even
1.5 days
Slippage unknown: Ondo Perps: no order-book sample; Orderly: 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 Orderly no order-book sample
Ondo Perps and Orderly: 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−0.0544%4h149.18+0.126%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.29+0.200%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.33+0.228%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.39+0.268%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.27+0.188%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.18+0.128%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.047%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.13+0.094%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.20+0.141%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.07+0.054%$131K$90K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.15+0.107%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h148.99long leg$710K$679K10x
QFEX ORCL-USD+0.0057%1h149.08+0.060%$1.1M$2.8M10xas long as short
Nado ORCL-PERP+0.0062%1h149.05+0.041%$92K$18K10xas long as short
tradeXYZ xyz:ORCL+0.0063%1h149.08+0.060%$21.5M$6.7M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.04+0.034%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h149.12+0.087%$19010x
Gate ORCL_USDT+0.0144%8h149.20+0.141%$2.3M$2.9M25xas long as short
GRVT ORCL_USDT_Perp+0.0171%8h149.21+0.148%$2K$180K10xas long as short
Variational Omni ORCL+0.0193%8h149.14+0.102%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0240%1h149.12+0.085%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0243%8h149.16+0.116%$24.9M$35.2M20xas long as short
Bitget ORCLUSDT+0.0249%8h149.24+0.168%$7.6M$4.0M20xas long as short
KuCoin ORCLUSDTM+0.0307%8h149.29+0.201%$260K$261K20xas long as short
OKX ORCL-USDT-SWAP+0.0322%8h149.23+0.161%$4.9M$5.6M20xas long as short
Bybit ORCLUSDT+0.0493%8h149.24+0.168%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0523%8h149.45+0.309%$47K$43K20xas long as short
Phoenix ORCL+0.0535%1h149.11+0.081%$152K$75K10xas long as short