Funding you earn now, next payment 02:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.026%
Price spread now: Nado against Variational Omni−0.065%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—+ Points / potential airdropVariational Omni: Active · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.065% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.22 | 0.0200 | pay 0.0200% / 8h | 6h 39m | $1.3M | $363K | — |
| Short | Nado ORCL-PERP | 149.13 | 0.0053 | get 0.0007% / 1h | 39m 04s | $92K | $18K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Variational Omni. 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
- −$30.7
- Price spread: −0.065% → 0.000%
- −$6.49
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$44.19
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Nado: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Variational Omni RFQ quote, 5 min ago | 3.75 bp | doesn't fit | 23.8 bp −$238 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | −0.0054% | 4h | 149.31 | +0.062% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.31 | +0.060% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.42 | +0.133% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.086% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.28 | +0.039% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.21 | −0.008% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.108% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.18 | −0.028% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.25 | +0.019% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.16 | −0.041% | $131K | $90K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.20 | −0.015% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.02 | −0.135% | $710K | $679K | 10x | as long as short |
| Nado ORCL-PERPshort | +0.0053% | 1h | 149.13 | −0.065% | $92K | $18K | 10x | |
| QFEX ORCL-USD | +0.0057% | 1h | 149.15 | −0.048% | $1.1M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0067% | 1h | 149.11 | −0.075% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | −0.062% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.17 | −0.035% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0156% | 8h | 149.24 | +0.012% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.26 | +0.028% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCLlong | +0.0200% | 8h | 149.22 | long leg | $1.3M | $363K | — | |
| Binance ORCLUSDT | +0.0246% | 8h | 149.16 | −0.038% | $24.9M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.11 | −0.073% | $388K | $1.3M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0272% | 8h | 149.27 | +0.032% | $7.6M | $4.0M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0303% | 8h | 149.34 | +0.079% | $260K | $262K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0321% | 8h | 149.23 | +0.005% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0504% | 8h | 149.25 | +0.019% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0523% | 8h | 149.45 | +0.153% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.27 | +0.032% | $153K | $75K | 10x | as long as short |
Variational Omni ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
Bitget ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL