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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0290%/8h= +31.8% APRnext payment +$2.90 per $10,000 · paid last 24h +0.052%
Price spread now: BloFin against KuCoin−0.027%110s7-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−0.014%−$1 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. BloFin is 0.027% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 7 hours of funding at the current rate (+$9 a day). The two prices were read 110 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 -0.014% in total (about -0.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.90 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
LongKuCoin ORCLUSDTM149.140.0195pay 0.0195% / 8h41m 22s$259K$236K20x
ShortBloFin ORCL-USDT149.100.0485get 0.0485% / 8h41m 22s$47K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$60.98
Price spread: −0.027% → 0.000%
−$2.68
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$34.3
Costs to cover
0.240%
Break-even
3.1 days
Slippage unknown: KuCoin: live order book, 19 min ago; BloFin: 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 KuCoin live order book, 19 min ago6.04 bp68.6 bp −$69doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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−0.0607%4h149.07−0.048%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.06−0.057%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.13−0.007%$2.3M$2.9M25xas long as short
SunX ORCL-USDT0.0000%8h149.29+0.101%$2K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h149.07−0.047%$52K$22K20xas long as short
Variational Omni ORCL+0.0014%8h149.03−0.073%$1.3M$314Kas long as short
Lighter ORCL+0.0032%1h149.10−0.027%$472K$53K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.054%$20K$14K12xas long as short
GRVT ORCL_USDT_Perp+0.0037%8h149.04−0.065%$2K$196K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.98−0.107%$127K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h148.98−0.107%$131K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.05−0.060%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.76−0.255%$708K$692K10xas long as short
QFEX ORCL-USD+0.0071%1h149.04−0.067%$1.1M$2.9M10xas long as short
Extended ORCL_24_5-USD+0.0080%1h149.05−0.058%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0083%8h149.10−0.029%$24.9M$35.6M20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.96−0.121%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.06−0.054%$19010xas long as short
tradeXYZ xyz:ORCL+0.0176%1h148.96−0.121%$21.4M$8.5M10xas long as short
Nado ORCL-PERP+0.0179%1h148.88−0.176%$92K$18K10xas long as short
Lighter RH ORCL+0.0184%1h149.07−0.047%$620K$462K10xas long as short
KuCoin ORCLUSDTMlong+0.0195%8h149.14long leg$259K$236K20x
OKX ORCL-USDT-SWAP+0.0270%8h149.09−0.034%$4.7M$5.7M20xas long as short
Arcus ORCL-USD+0.0289%1h148.99−0.101%$86K$90K10xas long as short
Bitget ORCLUSDT+0.0343%8h149.09−0.034%$7.4M$4.7M20xas long as short
BloFin ORCL-USDTshort+0.0485%8h149.10−0.027%$47K$51K20x
Bybit ORCLUSDT+0.0517%8h149.10−0.027%$3.5M$1.6M50xas long as short
Phoenix ORCL+0.0538%1h148.89−0.168%$149K$84K10xas long as short