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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0471%/8h= −51.6% APRnext payment $4.71 per $10,000 · paid last 24h −0.082%
Price spread now: HTX against Bybit+0.054%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−0.200%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. HTX is 0.054% dearer against Bybit than usual: you sell high and buy low (spread +0.054% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.200% in total) that is about 45 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.200% in total (about -10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $4.71 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
LongBybit ORCLUSDT148.930.0471pay 0.0471% / 8h1h 48m$3.5M$1.6M50x
ShortHTX ORCL-USDT149.010get 0.0000% / 8h1h 48m$52K$22K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$98.87
Price spread: +0.054% → 0.000%
$5.37
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$116.5
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; HTX: 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, 4 min ago1.01 bp14.3 bp −$1421.2 bp −$212doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: 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−0.0651%4h148.83−0.067%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.90−0.023%$93K$16K20xas long as short
Extended ORCL_24_5-USD0.0000%1h148.85−0.055%$386K$1.4M10xas long as short
Binance ORCLUSDT0.0000%8h148.87−0.038%$24.8M$35.7M20xas long as short
Gate ORCL_USDT0.0000%8h148.86−0.047%$2.2M$3.0M25xas long as short
Variational Omni ORCL0.0000%8h148.81−0.079%$1.3M$221Kas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.87−0.042%$1K$203K10xas long as short
SunX ORCL-USDT0.0000%8h149.07+0.094%$3K$2.9M10xas long as short
HTX ORCL-USDTshort0.0000%8h149.01+0.054%$52K$22K20x
Lighter ORCL+0.0032%1h148.96+0.020%$472K$53K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ORCL+0.0032%1h148.92−0.007%$623K$456K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.087%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.87−0.040%$127K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.77−0.107%$21.4M$8.5M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.76−0.114%$130K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.83−0.067%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.71−0.148%$737K$586K10xas long as short
QFEX ORCL-USD+0.0056%1h148.85−0.054%$1.1M$2.8M10xas long as short
Nado ORCL-PERP+0.0092%1h148.78−0.103%$92K$18K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.97+0.027%$259K$210K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.85−0.054%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.82−0.074%$18910xas long as short
Arcus ORCL-USD+0.0152%1h148.81−0.081%$78K$78K10xas long as short
OKX ORCL-USDT-SWAP+0.0192%8h148.95+0.013%$4.7M$5.7M20xas long as short
Bitget ORCLUSDT+0.0296%8h148.91−0.013%$7.4M$4.6M20xas long as short
Bybit ORCLUSDTlong+0.0471%8h148.93long leg$3.5M$1.6M50x
BloFin ORCL-USDT+0.0473%8h148.79−0.094%$47K$51K20xas long as short
Phoenix ORCL+0.0538%1h148.79−0.094%$149K$100K10xas long as short