Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 03:00 UTC+0.0822%/8h= +90.0% APRpaid last 24h +0.149%

Price spread now: Nado against edgeX−0.098%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on edgeX Short on Nado

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropedgeX: Active · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.098% cheaper against edgeX than usual: you would sell low and buy high (spread −0.098% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$10 on $10k: about 10 hours of funding at the current rate (+$25 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	edgeX ORCLUSDC	149.32	−0.0737	get 0.0368% / 4h	1h 55m	$28K	$213K	10x
Short	Nado ORCL-PERP	149.17	0.0085	get 0.0011% / 1h	55m 23s	$92K	$18K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado against edgeX. 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

Position, each leg$Hold fordaysFee edgeXbpFee NadobpOrdersPrice spread, now −0.098%Rate

Funding earned: $172.56
Price spread: −0.098% → 0.000%: −$9.79
Slippage, 4 orders: no order book: not counted
Fee edgeX: 4.5 bp × 2 orders: −$9
Fee Nado: 3.5 bp × 2 orders: −$7
Net: $146.77
Costs to cover: 0.160%
Break-even: 1.0 days

Slippage unknown: edgeX: live order book, 7 min ago; Nado: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy edgeX live order book, 7 min ago	6.36 bp	11.5 bp −$12	18.8 bp −$188	doesn't fit	doesn't fit
Sell Nado no order-book sample	—	—	—	—	—

Nado: 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 27 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDClong	−0.0737%	4h	149.32	long leg	$28K	$213K	10x
Aster ORCLUSDT	0.0000%	8h	149.16	−0.106%	$93K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.57	+0.167%	$2K	$2.8M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.46	+0.093%	$52K	$23K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.34	+0.013%	$473K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.22	−0.068%	$621K	$318K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.175%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.20	−0.081%	$86K	$80K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.29	−0.021%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.12	−0.134%	$21.5M	$6.7M	10x	as long as short

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0050%	1h	149.16	−0.108%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.27	−0.034%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.08	−0.161%	$697K	$717K	10x	as long as short
QFEX ORCL-USD	+0.0059%	1h	149.17	−0.101%	$1.1M	$2.7M	10x	as long as short
Gate ORCL_USDT	+0.0077%	8h	149.27	−0.034%	$2.3M	$2.9M	25x	as long as short
Nado ORCL-PERPshort	+0.0085%	1h	149.17	−0.098%	$92K	$18K	10x
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.23	−0.061%	$22K	$267K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.20	−0.081%	$190	—	10x	as long as short
Bitget ORCLUSDT	+0.0107%	8h	149.31	−0.007%	$7.7M	$4.0M	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0179%	8h	149.38	+0.038%	$2K	$179K	10x	as long as short
Variational Omni ORCL	+0.0191%	8h	149.25	−0.051%	$1.3M	$363K	—	as long as short
Binance ORCLUSDT	+0.0253%	8h	149.23	−0.061%	$24.9M	$35.4M	20x	as long as short
Extended ORCL_24_5-USD	+0.0256%	1h	149.19	−0.085%	$389K	$1.3M	10x	as long as short
KuCoin ORCLUSDTM	+0.0323%	8h	149.33	+0.006%	$260K	$268K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0336%	8h	149.25	−0.047%	$4.9M	$5.6M	20x	as long as short
Bybit ORCLUSDT	+0.0491%	8h	149.28	−0.027%	$3.5M	$1.4M	50x	as long as short
Phoenix ORCL	+0.0535%	1h	149.21	−0.074%	$153K	$75K	10x	as long as short