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+0.0243%/8h= +26.6% APRnext payment +$2.43 per $10,000 · paid last 24h +0.063%
Price spread now: Binance against HTX−0.128%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 7 days+0.158%+$16 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Binance is 0.128% cheaper against HTX than usual: you would sell low and buy high (spread −0.128% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$13 on $10k: about 42 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.158% in total) that is about 5.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.158% in total (about 8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.43 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
LongHTX ORCL-USDT149.520get 0.0000% / 8h5h 35m$52K$23K20x
ShortBinance ORCLUSDT149.330.0243get 0.0243% / 8h5h 35m$24.9M$35.4M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against HTX. 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
$51.02
Price spread: −0.128% → 0.000%
−$12.83
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Binance: 5 bp × 2 orders
−$10
Net
$16.19
Costs to cover
0.220%
Break-even
4.8 days
Slippage unknown: HTX: no order-book sample; Binance: live order book, 6 min ago. 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 HTX no order-book sample
Sell Binance live order book, 6 min ago0.34 bp8.9 bp −$917.7 bp −$17775.5 bp −$7,548doesn't fit
HTX: 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−0.0245%4h149.36−0.110%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.24−0.186%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.59+0.047%$2K$2.7M10xas long as short
HTX ORCL-USDTlong0.0000%8h149.52long leg$52K$23K20x
Lighter ORCL+0.0032%1h149.36−0.107%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.30−0.147%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.308%$20K$12K12xas long as short
Gate ORCL_USDT+0.0039%8h149.37−0.100%$2.3M$2.9M25xas long as short
Arcus ORCL-USD+0.0040%1h149.24−0.187%$86K$79K10xas long as short
Bitget ORCLUSDT+0.0045%8h149.39−0.087%$7.7M$4.0M20xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.37−0.100%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.22−0.201%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.27−0.167%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.33−0.127%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.15−0.247%$699K$724K10xas long as short
QFEX ORCL-USD+0.0059%1h149.27−0.167%$1.1M$2.7M10xas long as short
Nado ORCL-PERP+0.0068%1h149.25−0.180%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.44−0.054%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.35−0.114%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0147%8h149.39−0.089%$2K$179K10xas long as short
Variational Omni ORCL+0.0177%8h149.31−0.143%$1.3M$363Kas long as short
Binance ORCLUSDTshort+0.0243%8h149.33−0.128%$24.9M$35.4M20x
Extended ORCL_24_5-USD+0.0248%1h149.28−0.159%$387K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0326%8h149.44−0.054%$261K$267K20xas long as short
OKX ORCL-USDT-SWAP+0.0328%8h149.31−0.140%$4.9M$5.5M20xas long as short
Bybit ORCLUSDT+0.0503%8h149.42−0.067%$3.6M$1.5M50xas long as short
BloFin ORCL-USDT+0.0513%8h149.46−0.040%$47K$43K20xas long as short
Phoenix ORCL+0.0536%1h149.19−0.221%$153K$75K10xas long as short