Source: https://mochatrade.com/learn/glossary/oracle-price

# Oracle price
URL: https://mochatrade.com/learn/glossary/oracle-price
Last modified: 2026-10-17

The oracle price is the outside price a perpetual is pulled toward, taken from where the asset really trades. When the US market is shut there is no outside price, so the venue has to build one, and that is [where the weekend risk lives](https://mochatrade.com/support/what-is-a-perpetual-contract-and-does-it-expire). [Four prices sit around every fill](https://mochatrade.com/learn).

## Related terms

- Price band (discovery bounds): https://mochatrade.com/learn/glossary/price-band
- 24/7 trading: https://mochatrade.com/learn/glossary/24-7-trading
- Perpetual futures: https://mochatrade.com/learn/glossary/perpetual-futures
- Real-world asset (RWA): https://mochatrade.com/learn/glossary/real-world-asset
- Gap up and gap down: https://mochatrade.com/learn/glossary/gap-up-and-gap-down
- Overnight session (24-hour stock trading): https://mochatrade.com/learn/glossary/overnight-session

Educational content only. Not investment advice. Leveraged products magnify losses as well as gains.