TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG145.2300.0000% / 1h3m 58s$195K$517K10xLong Deribit
SHORT145.89+0.0182get 0.0023% / 1h3m 58s$540K$851K25xShort Vest Markets+5% pts
Price gap+0.457%
Funding gap+0.0182% /8h

Both sides work: funding pays +$5 a day on $10k, and the gap is 0.411% above its 7d average: +$41 more if it goes back.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding+$4+0.0182% /8h now · paid +0.040% over the last 7D
Price+$41spread +0.457% now, avg +0.046% → +0.411% if it goes back
Costsno datano order book for Vest Markets
Result, before costs+$45+0.45%+ Points / potential airdropVest Markets: points · farm boardcosts unknown: no order book for Vest Markets · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.457%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ORCL on 33 exchanges

lowest funding first

Before you open

3 ok · 2 to watch
  • Note: Order book unknown—
    No order-book sample for Vest Markets: its slippage is not counted.
  • Note: Margin at max leverage$1,000 + $400
    Deribit 10x, Vest Markets 25x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval1h / 1h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: +$5.47Long Deribit: 24 payments, $0.00; short Vest Markets: 24 payments, +$5.47.
  • OK: Entry gap works for you+0.457% vs +0.046%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner$195K vs $540K OI
    Deribit sets your exit cost. Check its book before closing.
  • OK: Points on a legVest Markets points
    Volume here counts toward the points program.
  • Watch: KYCDeribit Yes · Vest Markets No
    ID, proof of address and a financial profile before any deposit; not for the US, Canada, Japan or retail UK clients.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned+0.0019%/8h × 21 periods+$4.00
Price spread+0.457% → +0.046% (7d avg)+$41.06
Slippage, 4 ordersno data for Vest Markets—
Fee Deribit bp × 2 orders−$7.00
Fee Vest Markets bp × 2 orders−$2.00
Net, fees only · 7 days · $10k+$36.06
Costs to cover0.090%Break-evenfrom the start
Slippage: Deribit: live order book, 38 min ago; Vest Markets: no order-book sample

Cost to enter

taker + slippage from mid, one side
BUY · LONGDeribit3.0815.7 bp−$1620.9 bp−$209doesn’t fitdoesn’t fit
SELL · SHORTVest Markets—————

Closing costs about the same again.
Vest Markets: no data.

Alert

ORCL news

posts that mention ORCL or Oracle, from every exchangeSearch all news →
10-28 19:02Polymarket PerpsOtherGo long or short ORCL on Polymarket Perps👇 @Poly_Perps on X ↗
10-28 19:01Polymarket PerpsOtherBREAKING: Oracle shares surge nearly 12% as the company's Investor Day fuels excitement over its booming AI cloud business. @Poly_Perps on X ↗
10-28 06:35tradeXYZOtherRELIANCE references 1 equity share of Reliance Industries Limited (NSE: RELIANCE). The oracle converts the INR share price to USD at the prevailing USD/INR FX rate. Reliance Industries operates energy, petrochemicals, retail, and digital services businesses. @tradexyz on X ↗
10-27 16:55KalshiOtherJUST IN: Oracle to offer Google TPUs in its cloud for the first time @Kalshi on X ↗
10-27 06:49HyperliquidOtherAs a reminder, hyperps do not rely on any external data for the oracle price. Hyperps trade like perpetual contracts that users are familiar with, but do not require an external spot or index oracle price. Instead, the funding rate is determined relative to a moving average of the hyperp mark price. This makes the hyperp price more stable and less susceptible to manipulation, unlike usual pre-launch futures. When trading hyperps, funding rates are important to consider. If there is heavy price momentum in one direction, funding will heavily incentivize positions in the opposite direction for the next eight hours. As always, be sure to understand the contract before trading. Trading is on low leverage and isolated margin only. Beware of low liquidity, high volatility, potentially extreme funding, and increased liquidation risk. Note: XTEN-USDC will convert to a vanilla perp upon CEX listing. See Docs for more. XTEN-USDC is a hyperp contract that poses higher than normal risk. Do not trade contracts you are unfamiliar with and do not understand the risks for. Read the Docs to learn more about the hyperp mechanism and how it differs from vanilla perps. NFA. @HyperliquidX on X ↗
10-25 09:09AZverseListingnew market orcl_usdt ($ORCL) seen by our collector