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+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.001%
Price spread now: BloFin against Bybit+0.127%52s7-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−0.003%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and BloFin is 0.127% dearer against Bybit than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORCLUSDT149.700.0712pay 0.0712% / 8h3h 26m$4.1M$1.8M50x
ShortBloFin ORCL-USDT149.890.0746get 0.0746% / 8h3h 26m$47K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Bybit. 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
$7.31
Price spread: +0.127% → 0.000%
$12.69
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee BloFin: 6 bp × 2 orders
−$12
Net
−$2.99
Costs to cover
0.230%
Break-even
9.9 days
Slippage unknown: Bybit: live order book, 1 min ago; BloFin: 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
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago1.00 bp15.1 bp −$1526.2 bp −$262doesn't fitdoesn't fit
Sell BloFin no order-book sample
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−0.0300%4h149.73+0.021%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.80+0.066%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.71+0.007%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.85+0.100%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.83+0.087%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.64−0.040%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.63−0.047%$624K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.428%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.60−0.067%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.74+0.027%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.58−0.080%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.57−0.087%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.63−0.047%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.47−0.154%$705K$725K10xas long as short
Nado ORCL-PERP+0.0052%1h149.54−0.105%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.62−0.053%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.66−0.027%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.60−0.067%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0215%8h149.78+0.052%$2K$177K10xas long as short
Variational Omni ORCL+0.0242%8h149.72+0.016%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0308%8h149.71+0.007%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0327%8h149.63−0.047%$25.1M$35.5M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.59−0.076%$388K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0360%8h149.74+0.027%$262K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0382%8h149.67−0.020%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.65−0.033%$153K$75K10xas long as short
Bybit ORCLUSDTlong+0.0712%8h149.70long leg$4.1M$1.8M50x
BloFin ORCL-USDTshort+0.0746%8h149.89+0.127%$47K$43K20x