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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0437%/8h= +47.8% APRpaid last 24h +0.033%
Price spread now: BloFin against Extended+0.045%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+0.047%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.045% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.047% in total (about 2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongExtended ORCL_24_5-USD148.760.0016pay 0.0002% / 1h14m 38s$386K$1.4M10x
ShortBloFin ORCL-USDT148.830.0453get 0.0453% / 8h1h 14m$47K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Extended. 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
$91.72
Price spread: +0.045% → 0.000%
$4.48
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee BloFin: 6 bp × 2 orders
−$12
Net
$79.2
Costs to cover
0.170%
Break-even
1.0 days
Slippage unknown: Extended: live order book, 4 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 Extended live order book, 4 min ago1.68 bp8.3 bp −$850.5 bp −$505doesn'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−0.0925%4h148.79+0.016%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.92+0.103%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h148.84+0.052%$2.2M$3.0M25xas long as short
Variational Omni ORCL0.0000%8h148.77+0.002%$1.3M$316Kas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.82+0.038%$1K$198K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.166%$3K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h148.83+0.045%$52K$22K20xas long as short
Binance ORCLUSDT+0.0016%8h148.80+0.026%$24.8M$35.6M20xas long as short
Extended ORCL_24_5-USDlong+0.0016%1h148.76long leg$386K$1.4M10x
Lighter ORCL+0.0032%1h148.90+0.092%$471K$53K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ORCL+0.0032%1h148.80+0.025%$619K$462K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.199%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.76−0.002%$127K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.68−0.056%$21.4M$8.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.74−0.016%$130K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.79+0.018%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.63−0.090%$707K$691K10xas long as short
QFEX ORCL-USD+0.0056%1h148.77+0.004%$1.1M$2.8M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.83+0.045%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.76−0.002%$18910xas long as short
Nado ORCL-PERP+0.0123%1h148.67−0.066%$92K$18K10xas long as short
KuCoin ORCLUSDTM+0.0141%8h148.92+0.105%$258K$226K20xas long as short
Arcus ORCL-USD+0.0152%1h148.68−0.056%$86K$90K10xas long as short
OKX ORCL-USDT-SWAP+0.0207%8h148.82+0.038%$4.7M$5.7M20xas long as short
Bitget ORCLUSDT+0.0298%8h148.78+0.011%$7.4M$4.6M20xas long as short
BloFin ORCL-USDTshort+0.0453%8h148.83+0.045%$47K$51K20x
Bybit ORCLUSDT+0.0473%8h148.81+0.031%$3.5M$1.6M50xas long as short
Phoenix ORCL+0.0538%1h148.72−0.029%$149K$100K10xas long as short