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−0.0561%/8h= −61.5% APRnext payment $5.61 per $10,000 · paid last 24h −0.020%
Price spread now: Gate against BloFin−0.007%78s7-day average · you buy dearer than you sell
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+0.063%+$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$17 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.063%, so the current rate has only just turned against you. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.063% in total (about 3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.61 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
LongBloFin ORCL-USDT149.740.0735pay 0.0735% / 8h4h 41m$47K$43K20x
ShortGate ORCL_USDT149.730.0174get 0.0174% / 8h4h 41m$2.3M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against BloFin. 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
−$117.86
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$145.53
Costs to cover
0.270%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Gate: live order book, 1 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 BloFin no order-book sample
Sell Gate live order book, 1 min ago1.67 bp13.8 bp −$1420.7 bp −$207doesn't fitdoesn't fit
BloFin: 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−0.0185%4h149.62−0.079%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.58−0.110%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.96+0.147%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.63−0.073%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.70−0.027%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.71−0.020%$624K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.454%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.58−0.107%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.73−0.007%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.57−0.114%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.65−0.060%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.70−0.027%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.43−0.207%$703K$718K10xas long as short
Bitget ORCLUSDT+0.0058%8h149.79+0.033%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0063%1h149.58−0.108%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.70−0.027%$1.1M$2.3M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.51−0.154%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.68−0.040%$19010xas long as short
Gate ORCL_USDTshort+0.0174%8h149.73−0.007%$2.3M$2.9M25x
Variational Omni ORCL+0.0237%8h149.61−0.088%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0261%8h149.65−0.060%$2K$178K10xas long as short
Extended ORCL_24_5-USD+0.0312%1h149.67−0.046%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0313%8h149.71−0.020%$25.1M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0383%8h149.73−0.007%$262K$275K20xas long as short
OKX ORCL-USDT-SWAP+0.0401%8h149.71−0.020%$5.0M$5.7M20xas long as short
Phoenix ORCL+0.0481%1h149.57−0.114%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0724%8h149.84+0.067%$4.0M$1.8M50xas long as short
BloFin ORCL-USDTlong+0.0735%8h149.74long leg$47K$43K20x