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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0148%/8h= −16.2% APRpaid last 24h −0.081%
Price spread now: SoDEX against Gate−0.060%7-day average · you buy dearer than you sell
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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and SoDEX is 0.060% cheaper against Gate than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGate ORCL_USDT149.410.0198pay 0.0198% / 8h18m 41s$2.3M$3.0M25x
ShortSoDEX ORCL-USD149.320.0050get 0.0006% / 1h18m 41s$30K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Gate. 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
−$31.08
Price spread: −0.060% → 0.000%
−$6.02
Slippage, 4 orders
no order book: not counted
Fee Gate: 7.5 bp × 2 orders
−$15
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$60.1
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Gate: live order book, 4 min ago; SoDEX: 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 Gate live order book, 4 min ago3.01 bp17.9 bp −$1835.9 bp −$359doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0358%4h149.06−0.232%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.49+0.054%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.410.000%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.58+0.114%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.410.000%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.36−0.033%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.33−0.054%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.234%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.15−0.174%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.28−0.087%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.19−0.147%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.27−0.094%$131K$81K10xas long as short
SoDEX ORCL-USDshort+0.0050%1h149.32−0.060%$30K$3K10x
Nado ORCL-PERP+0.0050%1h149.19−0.148%$88K$22K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.15−0.174%$707K$875K10xas long as short
QFEX ORCL-USD+0.0057%1h149.29−0.080%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.29−0.080%$241K$276K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.26−0.100%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.32−0.060%$19010xas long as short
Variational Omni ORCL+0.0165%8h149.26−0.101%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0180%8h149.30−0.075%$1K$156K10xas long as short
Gate ORCL_USDTlong+0.0198%8h149.41long leg$2.3M$3.0M25x
OKX ORCL-USDT-SWAP+0.0217%8h149.34−0.047%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0255%8h149.34−0.047%$25.1M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.30−0.072%$387K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.22−0.127%$153K$72K10xas long as short
Bybit ORCLUSDT+0.0547%8h149.35−0.040%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0550%8h149.30−0.074%$48K$45K20xas long as short