Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 22:00 UTC+0.0251%/8h= +27.5% APRpaid last 24h +0.078%

Price spread now: Arcus against Aster−0.034%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Arcus

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—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Arcus is 0.034% cheaper against Aster than usual: you would sell low and buy high (spread −0.034% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 11 hours of funding at the current rate (+$8 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ORCLUSDT	148.81	0	get 0.0000% / 8h	2h 28m	$93K	$16K	20x
Short	Arcus ORCL-USD	148.76	0.0251	get 0.0031% / 1h	28m 35s	$78K	$80K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Aster. 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 AsterbpFee ArcusbpOrdersPrice spread, now −0.034%Rate

Funding earned: $52.75
Price spread: −0.034% → 0.000%: −$3.38
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: $36.87
Costs to cover: 0.125%
Break-even: 2.1 days

Slippage unknown: Aster: no order-book sample; Arcus: 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 Aster no order-book sample	—	—	—	—	—
Sell Arcus no order-book sample	—	—	—	—	—

Aster and 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	−0.0616%	4h	148.80	−0.009%	$28K	$215K	10x	as long as short
Aster ORCLUSDTlong	0.0000%	8h	148.81	long leg	$93K	$16K	20x
Extended ORCL_24_5-USD	0.0000%	1h	148.80	−0.005%	$385K	$1.4M	10x	as long as short
Binance ORCLUSDT	0.0000%	8h	148.82	+0.006%	$24.8M	$35.9M	20x	as long as short
Gate ORCL_USDT	0.0000%	8h	148.84	+0.020%	$2.2M	$3.1M	25x	as long as short
Variational Omni ORCL	0.0000%	8h	148.80	−0.008%	$1.3M	$221K	—	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.78	−0.020%	$1K	$205K	10x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.02	+0.141%	$3K	$2.9M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	148.90	+0.060%	$52K	$22K	20x	as long as short
Lighter ORCL	+0.0032%	1h	148.88	+0.047%	$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	148.85	+0.027%	$622K	$465K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.168%	$20K	$14K	12x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	148.81	0.000%	—	$127K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	148.71	−0.067%	$21.5M	$8.6M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.70	−0.074%	$130K	$122K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	148.80	−0.007%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.73	−0.054%	$737K	$611K	10x	as long as short
QFEX ORCL-USD	+0.0053%	1h	148.82	+0.006%	$1.1M	$2.8M	10x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	148.86	+0.033%	$258K	$196K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.68	−0.088%	$22K	$269K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.77	−0.027%	$189	—	10x	as long as short
Nado ORCL-PERP	+0.0124%	1h	148.70	−0.072%	$92K	$18K	10x	as long as short
OKX ORCL-USDT-SWAP	+0.0202%	8h	148.86	+0.033%	$4.7M	$5.7M	20x	as long as short
Arcus ORCL-USDshort	+0.0251%	1h	148.76	−0.034%	$78K	$80K	10x
Bitget ORCLUSDT	+0.0315%	8h	148.80	−0.007%	$7.4M	$4.7M	20x	as long as short
Phoenix ORCL	+0.0431%	1h	148.78	−0.020%	$149K	$100K	10x	as long as short
Bybit ORCLUSDT	+0.0466%	8h	148.89	+0.054%	$3.5M	$1.6M	50x	as long as short
BloFin ORCL-USDT	+0.0470%	8h	148.89	+0.054%	$47K	$50K	20x	as long as short