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+0.0015%/8h= +1.7% APRnext payment +$0.15 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against KuCoin0.000%7-day average −0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$197as in the Funding arb table
Net, price: spread back to 7d avg − costs−$189as in the Price arb table
costs, in and out, $10k−$1901.902% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.064%−$6 on $10k
Price spread, last 4 days (all we have)−0.034%−$3 · spread now 0.000%, 7d avg −0.009%
Together, before fees−0.099%−$10 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: $0 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.064%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.760.0354pay 0.0354% / 8h3h 18m$262K$276K20x
ShortOKX ORCL-USDT-SWAP149.760.0369get 0.0369% / 8h3h 18m$5.0M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$3.21
Price spread: 0.000% → −0.009%
$0.94
Slippage, 4 orders
−$168.16
Fee KuCoin: 6 bp × 2 orders
−$12
Fee OKX: 5 bp × 2 orders
−$10
Net
−$186
Costs to cover
1.902%
Break-even
412.6 days
Slippage from KuCoin: live order book, 53 min ago; OKX: live order book, 5 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, 53 min ago7.00 bp77.0 bp −$77doesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 5 min ago0.67 bp10.2 bp −$1018.6 bp −$186doesn'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−0.0490%4h149.88+0.079%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.78+0.016%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.79+0.020%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.97+0.140%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.85+0.060%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.77+0.007%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.77+0.007%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.467%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.70−0.040%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.80+0.027%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.64−0.080%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.68−0.053%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.75−0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.67−0.060%$685K$773K10xas long as short
Nado ORCL-PERP+0.0062%1h149.68−0.055%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.70−0.040%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.79+0.020%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.72−0.027%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0206%8h149.91+0.102%$2K$177K10xas long as short
Variational Omni ORCL+0.0241%8h149.91+0.099%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0315%8h149.81+0.033%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.69−0.048%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0321%8h149.73−0.020%$25.1M$35.5M20xas long as short
KuCoin ORCLUSDTMlong+0.0354%8h149.76long leg$262K$276K20x
OKX ORCL-USDT-SWAPshort+0.0369%8h149.760.000%$5.0M$5.8M20x
Phoenix ORCL+0.0535%1h149.79+0.020%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0695%8h149.90+0.093%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0697%8h149.82+0.040%$4.1M$1.8M50xas long as short