Funding you earn now, next payment 10:00 UTC+0.0105%/8h= +11.5% APRpaid last 24h +0.040%
Price spread now: Variational Omni against Ondo Perps+0.119%7-day average +0.117% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)−0.306%−$31 · spread now +0.119%, 7d avg +0.117%
=Together, before fees−0.295%+ Points / potential airdropOndo Perps: Active · Variational Omni: Active · farm board−$29 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.117%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 149.18 | 0.0050 | pay 0.0006% / 1h | 57m 33s | $715K | $838K | 10x |
| Short | Variational Omni ORCL | 149.36 | 0.0155 | get 0.0155% / 8h | 6h 57m | $1.2M | $416K | — |
Ondo Perps ORCL-USD.P
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $22
- Price spread: +0.119% → +0.117%
- $0.17
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $17.17
- Costs to cover
- 0.050%
- Break-even
- 1.5 days
Slippage unknown: Ondo Perps: no order-book sample; Variational Omni: RFQ quote, 2 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 Variational Omni RFQ quote, 2 min ago | 4.45 bp | doesn't fit | 20.0 bp −$200 | 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 | −0.0336% | 4h | 149.37 | +0.131% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | −0.064% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.41 | +0.154% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.62 | +0.295% | $2K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.201% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.35 | +0.114% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.080% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | +0.121% | — | $55K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.34 | +0.107% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 149.18 | long leg | $715K | $838K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0073% | 1h | 149.30 | +0.080% | $131K | $70K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.30 | +0.080% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.40 | +0.147% | $242K | $356K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | +0.027% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.37 | +0.127% | $190 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0112% | 1h | 149.30 | +0.080% | $607K | $277K | 10x | as long as short |
| Nado ORCL-PERP | +0.0141% | 1h | 149.16 | −0.016% | $88K | $22K | 10x | as long as short |
| Variational Omni ORCLshort | +0.0155% | 8h | 149.36 | +0.119% | $1.2M | $416K | — | |
| OKX ORCL-USDT-SWAP | +0.0205% | 8h | 149.38 | +0.134% | $5.0M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.30 | +0.080% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.36 | +0.121% | $25.2M | $35.7M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0280% | 8h | 149.35 | +0.114% | $1K | $144K | 10x | as long as short |
| Gate ORCL_USDT | +0.0325% | 8h | 149.41 | +0.154% | $2.3M | $2.8M | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0335% | 1h | 149.25 | +0.047% | $21.8M | $6.8M | 10x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.23 | +0.034% | $86K | $79K | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 149.30 | +0.080% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0686% | 8h | 149.35 | +0.114% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0695% | 8h | 149.49 | +0.208% | $47K | $45K | 20x | as long as short |
Polymarket Perps ORCL-USD
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
Nado ORCL-PERP
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
tradeXYZ xyz:ORCL
Arcus ORCL-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT