Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0382%/8h= +41.8% APRnext payment +$3.82 per $10,000 · paid last 24h +0.049%
Price spread now: KuCoin against Aster+0.083%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.229%+$23 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and KuCoin is 0.083% dearer against Aster than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.82 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongAster ORCLUSDT149.820get 0.0000% / 8h4h 20m$94K$16K20x
ShortKuCoin ORCLUSDTM149.940.0382get 0.0382% / 8h4h 20m$262K$277K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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

Funding earned
$80.22
Price spread: +0.083% → 0.000%
$8.27
Slippage, 4 orders
no order book: not counted
Fee Aster: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$68.49
Costs to cover
0.200%
Break-even
1.0 days
Slippage unknown: Aster: no order-book sample; KuCoin: live order book, 60 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Aster no order-book sample
Sell KuCoin live order book, 60 min ago6.68 bp106.2 bp −$106doesn't fitdoesn't fitdoesn't fit
Aster: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0885%4h149.83+0.013%$28K$213K10xas long as short
Aster ORCLUSDTlong0.0000%8h149.82long leg$94K$16K20x
SunX ORCL-USDT0.0000%8h150.11+0.196%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.86+0.029%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.91+0.063%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.92+0.069%$625K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.505%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.75−0.044%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.95+0.089%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.78−0.024%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.80−0.011%$132K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.87+0.036%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.67−0.097%$708K$720K10xas long as short
Bitget ORCLUSDT+0.0060%8h149.95+0.089%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0065%1h149.79−0.018%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.88+0.043%$1.1M$2.3M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.81−0.004%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.85+0.023%$19110xas long as short
Gate ORCL_USDT+0.0248%8h149.97+0.103%$2.3M$3.0M25xas long as short
Variational Omni ORCL+0.0254%8h149.86+0.028%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0273%8h149.85+0.023%$2K$177K10xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.88+0.042%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0328%8h149.92+0.067%$25.2M$35.5M20xas long as short
KuCoin ORCLUSDTMshort+0.0382%8h149.94+0.083%$262K$277K20x
OKX ORCL-USDT-SWAP+0.0400%8h149.93+0.076%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0481%1h149.74−0.051%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0755%8h149.95+0.089%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0780%8h149.91+0.063%$47K$43K20xas long as short