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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0231%/8h= −25.3% APRnext payment $0.29 per $10,000 · paid last 24h −0.049%
Price spread now: Injective against Extended+0.208%60s7-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−0.065%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropExtended: Active · farm boardneeds both histories
The price spread pays, funding is against you. Injective is 0.208% dearer against Extended than usual: you sell high and buy low (spread +0.208% now, against zero (this spread has no 7-day history yet)): +$21 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 3.0 days. At the pace of the last 7 days (−0.065% in total) that is about 23 days. The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.065% in total (about -3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about $0.29 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
LongExtended ORCL_24_5-USD148.750.0264pay 0.0033% / 1h46m 10s$390K$2.1M10x
ShortInjective ORCL/USDC PERP149.060.0033get 0.0004% / 1h46m 10s$20K$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$48.44
Price spread: +0.208% → 0.000%
$20.85
Slippage, 4 orders
no order book: not counted
Fee Extended: 2.5 bp × 2 orders
−$5
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$32.61
Costs to cover
0.050%
Break-even
from the start
Slippage unknown: Extended: live order book, 2 min ago; Injective: 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, 2 min ago1.34 bp7.9 bp −$872.6 bp −$726doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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−0.0440%4h148.91+0.106%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.074%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.84+0.061%$7.7M$2.7M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h149.00+0.165%$1K$152K10xas long as short
SunX ORCL-USDT0.0000%8h149.02+0.182%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.86+0.074%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.80+0.034%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.750.000%$603K$314K10xas long as short
Injective ORCL/USDC PERPshort+0.0033%1h149.06+0.208%$20K$9K12x
Nado ORCL-PERP+0.0034%1h148.56−0.126%$88K$22K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus ORCL-USD+0.0040%1h148.67−0.054%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.79+0.027%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.70−0.034%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.55−0.134%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.76+0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.62−0.087%$708K$871K10xas long as short
QFEX ORCL-USD+0.0065%1h148.69−0.040%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.84+0.061%$240K$299K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.01+0.175%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.76+0.007%$18910xas long as short
Gate ORCL_USDT+0.0126%8h148.89+0.094%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0177%8h148.99+0.158%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0211%8h148.74−0.007%$4.9M$5.8M20xas long as short
Binance ORCLUSDT+0.0263%8h148.77+0.011%$25.0M$36.3M20xas long as short
Extended ORCL_24_5-USDlong+0.0264%1h148.75long leg$390K$2.1M10x
Phoenix ORCL+0.0537%1h148.85+0.067%$152K$73K10xas long as short
BloFin ORCL-USDT+0.0625%8h149.10+0.235%$48K$44K20xas long as short
Bybit ORCLUSDT+0.0663%8h148.83+0.054%$4.1M$1.9M50xas long as short