diff --git a/services/horizon/internal/db2/history/offers.go b/services/horizon/internal/db2/history/offers.go
index 83bf3f8e17..c80d67c854 100644
--- a/services/horizon/internal/db2/history/offers.go
+++ b/services/horizon/internal/db2/history/offers.go
@@ -2,6 +2,7 @@ package history
 
 import (
 	"context"
+	"database/sql"
 
 	sq "github.com/Masterminds/squirrel"
 	"github.com/jmoiron/sqlx"
@@ -9,6 +10,8 @@ import (
 	"github.com/stellar/go/support/errors"
 )
 
+const offersBatchSize = 50000
+
 // QOffers defines offer related queries.
 type QOffers interface {
 	StreamAllOffers(ctx context.Context, callback func(Offer) error) error
@@ -83,28 +86,52 @@ func (q *Q) GetOffers(ctx context.Context, query OffersQuery) ([]Offer, error) {
 
 // StreamAllOffers loads all non deleted offers
 func (q *Q) StreamAllOffers(ctx context.Context, callback func(Offer) error) error {
+	if tx := q.GetTx(); tx == nil {
+		return errors.New("cannot be called outside of a transaction")
+	}
+	if opts := q.GetTxOptions(); opts == nil || !opts.ReadOnly || opts.Isolation != sql.LevelRepeatableRead {
+		return errors.New("should only be called in a repeatable read transaction")
+	}
+
+	lastID := int64(0)
+	for {
+		nextID, err := q.streamAllOffersBatch(ctx, lastID, offersBatchSize, callback)
+		if err != nil {
+			return err
+		}
+		if lastID == nextID {
+			return nil
+		}
+		lastID = nextID
+	}
+}
+
+func (q *Q) streamAllOffersBatch(ctx context.Context, lastId int64, limit uint64, callback func(Offer) error) (int64, error) {
 	var rows *sqlx.Rows
 	var err error
 
-	if rows, err = q.Query(ctx, selectOffers.Where("deleted = ?", false)); err != nil {
-		return errors.Wrap(err, "could not run all offers select query")
+	rows, err = q.Query(ctx, selectOffers.
+		Where("deleted = ?", false).
+		Where("offer_id > ? ", lastId).
+		OrderBy("offer_id asc").Limit(limit))
+	if err != nil {
+		return 0, errors.Wrap(err, "could not run all offers select query")
 	}
 
 	defer rows.Close()
-
 	for rows.Next() {
 		offer := Offer{}
 		if err = rows.StructScan(&offer); err != nil {
-			return errors.Wrap(err, "could not scan row into offer struct")
+			return 0, errors.Wrap(err, "could not scan row into offer struct")
 		}
 
 		if err = callback(offer); err != nil {
-			return err
+			return 0, err
 		}
+		lastId = offer.OfferID
 	}
 
-	return rows.Err()
-
+	return lastId, rows.Err()
 }
 
 // GetUpdatedOffers returns all offers created, updated, or deleted after the given ledger sequence.
diff --git a/services/horizon/internal/db2/history/offers_test.go b/services/horizon/internal/db2/history/offers_test.go
index 0aac2522f7..86d93ff958 100644
--- a/services/horizon/internal/db2/history/offers_test.go
+++ b/services/horizon/internal/db2/history/offers_test.go
@@ -1,6 +1,9 @@
 package history
 
 import (
+	"context"
+	"database/sql"
+	"github.com/stretchr/testify/assert"
 	"strconv"
 	"testing"
 
@@ -105,6 +108,34 @@ func TestGetNonExistentOfferByID(t *testing.T) {
 	tt.Assert.True(q.NoRows(err))
 }
 
+func streamAllOffersInTx(q *Q, ctx context.Context, f func(offer Offer) error) error {
+	err := q.BeginTx(&sql.TxOptions{ReadOnly: true, Isolation: sql.LevelRepeatableRead})
+	if err != nil {
+		return err
+	}
+	defer q.Rollback()
+	return q.StreamAllOffers(ctx, f)
+}
+
+func TestStreamAllOffersRequiresTx(t *testing.T) {
+	tt := test.Start(t)
+	defer tt.Finish()
+	test.ResetHorizonDB(t, tt.HorizonDB)
+	q := &Q{tt.HorizonSession()}
+
+	err := q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+		return nil
+	})
+	assert.EqualError(t, err, "cannot be called outside of a transaction")
+
+	assert.NoError(t, q.Begin())
+	defer q.Rollback()
+	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+		return nil
+	})
+	assert.EqualError(t, err, "should only be called in a repeatable read transaction")
+}
+
 func TestQueryEmptyOffers(t *testing.T) {
 	tt := test.Start(t)
 	defer tt.Finish()
@@ -112,7 +143,7 @@ func TestQueryEmptyOffers(t *testing.T) {
 	q := &Q{tt.HorizonSession()}
 
 	var offers []Offer
-	err := q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err := streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
@@ -150,7 +181,7 @@ func TestInsertOffers(t *testing.T) {
 	tt.Assert.NoError(err)
 
 	var offers []Offer
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
@@ -183,7 +214,7 @@ func TestInsertOffers(t *testing.T) {
 	tt.Assert.Equal(3, afterCompactionCount)
 
 	var afterCompactionOffers []Offer
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		afterCompactionOffers = append(afterCompactionOffers, offer)
 		return nil
 	})
@@ -201,7 +232,7 @@ func TestUpdateOffer(t *testing.T) {
 	tt.Assert.NoError(err)
 
 	var offers []Offer
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
@@ -229,7 +260,7 @@ func TestUpdateOffer(t *testing.T) {
 	tt.Assert.NoError(err)
 
 	offers = nil
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
@@ -256,7 +287,7 @@ func TestRemoveOffer(t *testing.T) {
 	err := insertOffer(tt, q, eurOffer)
 	tt.Assert.NoError(err)
 	var offers []Offer
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
@@ -274,7 +305,7 @@ func TestRemoveOffer(t *testing.T) {
 	expectedUpdates[0].Deleted = true
 
 	offers = nil
-	err = q.StreamAllOffers(tt.Ctx, func(offer Offer) error {
+	err = streamAllOffersInTx(q, tt.Ctx, func(offer Offer) error {
 		offers = append(offers, offer)
 		return nil
 	})
diff --git a/services/horizon/internal/ingest/orderbook.go b/services/horizon/internal/ingest/orderbook.go
index 3fd421cde3..e62cc7a8b6 100644
--- a/services/horizon/internal/ingest/orderbook.go
+++ b/services/horizon/internal/ingest/orderbook.go
@@ -136,7 +136,6 @@ func (o *OrderBookStream) update(ctx context.Context, status ingestionStatus) (b
 			o.graph.AddOffers(offerToXDR(offer))
 			return nil
 		})
-
 		if err != nil {
 			return true, errors.Wrap(err, "Error loading offers into orderbook")
 		}