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−0.0109%/8h= −11.9% APRnext payment $1.09 per $10,000 · paid last 24h +0.065%
Price spread now: Gate against GRVT+0.022%66s7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$28as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$530.529% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.245%+$24 on $10k
Price spread, last 4 days (all we have)−0.246%−$25 · spread now +0.022%, 7d avg +0.009%
Together, before fees−0.001%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.009%, so right now this pair is about funding alone: −$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.245%, so the current rate has only just turned against you. The two prices were read 66 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ORCL_USDT_Perp149.390.0147pay 0.0147% / 8h5h 34m$2K$179K10x
ShortGate ORCL_USDT149.420.0038get 0.0038% / 8h5h 34m$2.3M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against GRVT. 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
−$22.89
Price spread: +0.022% → +0.009%
$1.34
Slippage, 4 orders
−$28.86
Fee GRVT: 4.5 bp × 2 orders
−$9
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$74.41
Costs to cover
0.529%
Break-even
never at this rate
Slippage from GRVT: live order book, 24 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 24 min ago1.67 bp9.7 bp −$1020.9 bp −$209doesn't fitdoesn't fit
Sell Gate live order book, 4 min ago4.35 bp15.2 bp −$1525.4 bp −$254doesn't fitdoesn't fit

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−0.0245%4h149.36−0.021%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.28−0.072%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.62+0.156%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.52+0.089%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.43+0.029%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.37−0.011%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.219%$20K$12K12xas long as short
Gate ORCL_USDTshort+0.0038%8h149.42+0.022%$2.3M$2.9M25x
Arcus ORCL-USD+0.0040%1h149.25−0.091%$86K$79K10xas long as short
Bitget ORCLUSDT+0.0043%8h149.48+0.062%$7.7M$4.0M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.37−0.011%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.26−0.085%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.29−0.065%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.36−0.018%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.22−0.112%$699K$725K10xas long as short
QFEX ORCL-USD+0.0059%1h149.34−0.031%$1.1M$2.7M10xas long as short
Nado ORCL-PERP+0.0065%1h149.26−0.082%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.44+0.036%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.35−0.025%$19010xas long as short
GRVT ORCL_USDT_Perplong+0.0147%8h149.39long leg$2K$179K10x
Variational Omni ORCL+0.0177%8h149.31−0.054%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0240%1h149.36−0.018%$387K$1.3M10xas long as short
Binance ORCLUSDT+0.0243%8h149.41+0.013%$24.9M$35.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0325%8h149.40+0.009%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTM+0.0326%8h149.44+0.036%$261K$266K20xas long as short
BloFin ORCL-USDT+0.0478%8h149.47+0.056%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0506%8h149.47+0.056%$3.7M$1.5M50xas long as short
Phoenix ORCL+0.0536%1h149.27−0.078%$153K$75K10xas long as short