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−0.1107%/8h= −121.3% APRpaid last 24h −0.208%
Price spread now: edgeX against KuCoin−0.092%7-day average −0.017% · you buy dearer than you sell
Net, funding: paid 7d − costs−$391as in the Funding arb table
Net, price: spread back to 7d avg − costs−$259as in the Price arb table
costs, in and out, $10k−$2522.520% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.389%−$139 on $10k
Price spread, last 4 days (all we have)+0.212%+$21 · spread now −0.092%, 7d avg −0.017%
Together, before fees−1.177%+ Points / potential airdropedgeX: Active · farm board−$118 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$33 a day on $10k at the current rate, and edgeX is 0.075% cheaper against KuCoin than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.017%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.590.0222pay 0.0222% / 8h2h 05m$240K$284K20x
ShortedgeX ORCLUSDC149.45−0.0885pay 0.0443% / 4h2h 05m$28K$214K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$232.55
Price spread: −0.092% → −0.017%
−$7.49
Slippage, 4 orders
−$230.96
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$492
Costs to cover
2.520%
Break-even
never at this rate
Slippage from KuCoin: live order book, 51 min ago; edgeX: live order book, 41 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 KuCoin live order book, 51 min ago10.67 bp153.2 bp −$153doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 41 min ago6.02 bp11.2 bp −$1119.1 bp −$191doesn'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 ORCLUSDCshort−0.0885%4h149.45−0.092%$28K$214K10x
Aster ORCLUSDT0.0000%8h149.39−0.133%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.56−0.020%$7.7M$3.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.69+0.067%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.55−0.027%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.56−0.020%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.47−0.080%$623K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.354%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.37−0.147%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.54−0.033%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.36−0.154%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.40−0.127%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.48−0.074%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.26−0.221%$695K$885K10xas long as short
QFEX ORCL-USD+0.0058%1h149.47−0.080%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0058%1h149.40−0.125%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.38−0.140%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.47−0.080%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0170%8h149.50−0.063%$1K$164K10xas long as short
Variational Omni ORCL+0.0188%8h149.45−0.091%$1.2M$423Kas long as short
KuCoin ORCLUSDTMlong+0.0222%8h149.59long leg$240K$284K20x
Gate ORCL_USDT+0.0247%8h149.54−0.033%$2.3M$3.1M25xas long as short
Extended ORCL_24_5-USD+0.0272%1h149.44−0.099%$388K$1.6M10xas long as short
Binance ORCLUSDT+0.0275%8h149.49−0.068%$25.0M$35.9M20xas long as short
OKX ORCL-USDT-SWAP+0.0299%8h149.50−0.060%$4.9M$6.0M20xas long as short
Phoenix ORCL+0.0428%1h149.36−0.154%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0625%8h149.56−0.020%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0631%8h149.56−0.020%$47K$44K20xas long as short