Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against HTX−0.114%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on HTX Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.114% cheaper against HTX than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7.6 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	HTX ORCL-USDT	149.41	0	get 0.0000% / 8h	6h 40m	$52K	$23K	20x
Short	SoDEX ORCL-USD	149.24	0.0050	get 0.0006% / 1h	40m 28s	$30K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee HTXbpFee SoDEXbpOrdersPrice spread, now −0.114%Rate

Funding earned: $10.5
Price spread: −0.114% → 0.000%: −$11.38
Slippage, 4 orders: no order book: not counted
Fee HTX: 6 bp × 2 orders: −$12
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$20.88
Costs to cover: 0.200%
Break-even: 20.9 days

Slippage unknown: HTX: no order-book sample; 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy HTX no order-book sample	—	—	—	—	—
Sell SoDEX no order-book sample	—	—	—	—	—

HTX and 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0054%	4h	149.31	−0.064%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.36	−0.030%	$94K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.47	+0.040%	$3K	$2.8M	10x	as long as short
HTX ORCL-USDTlong	0.0000%	8h	149.41	long leg	$52K	$23K	20x
Lighter ORCL	+0.0032%	1h	149.33	−0.054%	$473K	$50K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.26	−0.100%	$621K	$317K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.234%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.20	−0.141%	$86K	$80K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.27	−0.094%	—	$67K	25x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.17	−0.161%	$131K	$90K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ORCL-USDshort	+0.0050%	1h	149.24	−0.114%	$30K	$3K	10x
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.09	−0.214%	$710K	$680K	10x	as long as short
Nado ORCL-PERP	+0.0055%	1h	149.14	−0.183%	$92K	$18K	10x	as long as short
QFEX ORCL-USD	+0.0057%	1h	149.18	−0.154%	$1.1M	$2.8M	10x	as long as short
tradeXYZ xyz:ORCL	+0.0072%	1h	149.14	−0.181%	$21.5M	$6.7M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.13	−0.187%	$22K	$266K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.19	−0.147%	$190	—	10x	as long as short
Gate ORCL_USDT	+0.0162%	8h	149.26	−0.100%	$2.3M	$2.9M	25x	as long as short
GRVT ORCL_USDT_Perp	+0.0199%	8h	149.32	−0.059%	$2K	$181K	10x	as long as short
Variational Omni ORCL	+0.0200%	8h	149.22	−0.126%	$1.3M	$363K	—	as long as short
Binance ORCLUSDT	+0.0247%	8h	149.21	−0.134%	$25.0M	$35.2M	20x	as long as short
Extended ORCL_24_5-USD	+0.0248%	1h	149.19	−0.144%	$388K	$1.3M	10x	as long as short
Bitget ORCLUSDT	+0.0280%	8h	149.30	−0.074%	$7.6M	$4.0M	20x	as long as short
KuCoin ORCLUSDTM	+0.0303%	8h	149.36	−0.033%	$260K	$261K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0322%	8h	149.25	−0.107%	$4.9M	$5.6M	20x	as long as short
Bybit ORCLUSDT	+0.0512%	8h	149.29	−0.080%	$3.5M	$1.4M	50x	as long as short
BloFin ORCL-USDT	+0.0523%	8h	149.45	+0.027%	$47K	$43K	20x	as long as short
Phoenix ORCL	+0.0535%	1h	149.27	−0.094%	$153K	$75K	10x	as long as short