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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOndo Perps ORCL-USD.P148.900.0050pay 0.0006% / 1h30m 56s$697K$854K10x
ShorttradeXYZ xyz:ORCL148.990.0050get 0.0006% / 1h30m 56s$21.6M$6.9M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Ondo Perps no order-book sample
Sell tradeXYZ live order book, 8 min ago0.34 bp10.6 bp −$1114.2 bp −$142doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0538%4h149.16+0.171%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.79+0.599%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.23+0.222%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.34+0.296%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.20+0.201%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.16+0.175%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.12+0.148%$622K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.107%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.06+0.107%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.12+0.148%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCLshort+0.0050%1h148.99+0.060%$21.6M$6.9M10x
Polymarket Perps ORCL-USD+0.0050%1h149.05+0.101%$131K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.11+0.141%$30K$3K10xas long as short
Ondo Perps ORCL-USD.Plong+0.0050%1h148.90long leg$697K$854K10x
Nado ORCL-PERP+0.0056%1h149.00+0.067%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.07+0.114%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.19+0.195%$240K$274K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13+0.154%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.10+0.134%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20+0.199%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.27+0.245%$1K$156K10xas long as short
Gate ORCL_USDT+0.0199%8h149.22+0.215%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0233%8h149.09+0.128%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0261%8h149.14+0.161%$24.9M$36.5M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.10+0.134%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14+0.161%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0562%8h149.14+0.161%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0588%8h149.17+0.181%$47K$44K20xas long as short