Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment −$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ against Ondo Perps+0.060%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.015%+$2 on $10k
+Price spread, last 4 days (all we have)−0.016%−$2 · spread now +0.060%, 7d avg +0.006%
=Together, before fees−0.001%+ Points / potential airdropOndo Perps: Active · tradeXYZ: Active · farm board$0 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.055% dearer against Ondo Perps than usual: you sell high and buy low, +$5 on $10k if it goes back to its 7-day average of +0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 148.90 | 0.0050 | pay 0.0006% / 1h | 30m 56s | $697K | $854K | 10x |
| Short | tradeXYZ xyz:ORCL | 148.99 | 0.0050 | get 0.0006% / 1h | 30m 56s | $21.6M | $6.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$0.08
- Price spread: +0.060% → +0.006%
- $5.47
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.61
- Costs to cover
- 0.230%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; tradeXYZ: live order book, 8 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 tradeXYZ live order book, 8 min ago | 0.34 bp | 10.6 bp −$11 | 14.2 bp −$142 | 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 | −0.0538% | 4h | 149.16 | +0.171% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.79 | +0.599% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.23 | +0.222% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.296% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.20 | +0.201% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.16 | +0.175% | $476K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.12 | +0.148% | $622K | $316K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.107% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.06 | +0.107% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.12 | +0.148% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLshort | +0.0050% | 1h | 148.99 | +0.060% | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.05 | +0.101% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.11 | +0.141% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.90 | long leg | $697K | $854K | 10x | |
| Nado ORCL-PERP | +0.0056% | 1h | 149.00 | +0.067% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.07 | +0.114% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.19 | +0.195% | $240K | $274K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | +0.154% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.10 | +0.134% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0170% | 8h | 149.20 | +0.199% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0188% | 8h | 149.27 | +0.245% | $1K | $156K | 10x | as long as short |
| Gate ORCL_USDT | +0.0199% | 8h | 149.22 | +0.215% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0233% | 8h | 149.09 | +0.128% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.14 | +0.161% | $24.9M | $36.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.10 | +0.134% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.14 | +0.161% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0562% | 8h | 149.14 | +0.161% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0588% | 8h | 149.17 | +0.181% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT