Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 23:00 UTC−0.0152%/8h= −16.6% APRpaid last 24h −0.080%

Price spread now: SunX against Arcus+0.222%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Arcus Short on SunX

What this pair did over the last

the charts below follow

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—needs both histories

The price spread pays, funding is against you. SunX is 0.222% dearer against Arcus than usual: you sell high and buy low (spread +0.222% now, against zero (this spread has no 7-day history yet)): +$22 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 4.9 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Arcus ORCL-USD	148.68	0.0152	pay 0.0019% / 1h	13m 21s	$86K	$90K	10x
Short	SunX ORCL-USDT	149.01	0	get 0.0000% / 8h	1h 13m	$3K	$2.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Arcus. 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

Position, each leg$Hold fordaysFee ArcusbpFee SunXbpOrdersPrice spread, now +0.222%Rate

Funding earned: −$31.91
Price spread: +0.222% → 0.000%: $22.2
Slippage, 4 orders: no order book: not counted
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Fee SunX: 4 bp × 2 orders: −$8
Net: −$22.22
Costs to cover: 0.125%
Break-even: from the start

Slippage unknown: Arcus: no order-book sample; SunX: live order book, 4 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 Arcus no order-book sample	—	—	—	—	—
Sell SunX live order book, 4 min ago	30.53 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Arcus: 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	−0.0925%	4h	148.79	+0.072%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	148.91	+0.156%	$93K	$16K	20x	as long as short
Gate ORCL_USDT	0.0000%	8h	148.84	+0.108%	$2.2M	$3.0M	25x	as long as short
Variational Omni ORCL	0.0000%	8h	148.77	+0.058%	$1.3M	$316K	—	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.82	+0.094%	$1K	$198K	10x	as long as short
SunX ORCL-USDTshort	0.0000%	8h	149.01	+0.222%	$3K	$2.9M	10x
HTX ORCL-USDT	0.0000%	8h	148.83	+0.101%	$52K	$22K	20x	as long as short
Binance ORCLUSDT	+0.0015%	8h	148.80	+0.081%	$24.8M	$35.6M	20x	as long as short
Extended ORCL_24_5-USD	+0.0016%	1h	148.77	+0.062%	$386K	$1.4M	10x	as long as short
Lighter ORCL	+0.0032%	1h	148.88	+0.135%	$471K	$53K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ORCL	+0.0032%	1h	148.80	+0.081%	$619K	$462K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.256%	$20K	$14K	12x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	148.74	+0.040%	—	$127K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	148.66	−0.013%	$21.4M	$8.6M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.74	+0.040%	$130K	$122K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	148.78	+0.067%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.63	−0.034%	$707K	$691K	10x	as long as short
QFEX ORCL-USD	+0.0056%	1h	148.81	+0.087%	$1.1M	$2.8M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.83	+0.101%	$22K	$269K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.76	+0.054%	$189	—	10x	as long as short
Nado ORCL-PERP	+0.0124%	1h	148.66	−0.016%	$92K	$18K	10x	as long as short
KuCoin ORCLUSDTM	+0.0140%	8h	148.89	+0.141%	$257K	$226K	20x	as long as short
Arcus ORCL-USDlong	+0.0152%	1h	148.68	long leg	$86K	$90K	10x
OKX ORCL-USDT-SWAP	+0.0207%	8h	148.78	+0.067%	$4.7M	$5.7M	20x	as long as short
Bitget ORCLUSDT	+0.0298%	8h	148.78	+0.067%	$7.4M	$4.6M	20x	as long as short
BloFin ORCL-USDT	+0.0469%	8h	148.92	+0.161%	$47K	$51K	20x	as long as short
Bybit ORCLUSDT	+0.0474%	8h	148.83	+0.101%	$3.5M	$1.6M	50x	as long as short
Phoenix ORCL	+0.0538%	1h	148.72	+0.027%	$149K	$100K	10x	as long as short