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−0.0037%/8h= −4.1% APRnext payment $0.37 per $10,000 · paid last 24h −0.019%
Price spread now: Orderly against KuCoin−0.033%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Orderly is 0.033% cheaper against KuCoin than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.380.0137pay 0.0137% / 8h1h 23m$240K$280K20x
ShortOrderly PERP_ORCL_USDC_mythos149.330.0100get 0.0100% / 8h1h 23m$19010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$7.77
Price spread: −0.033% → 0.000%
−$3.35
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$29.12
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 18 min ago; Orderly: 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, 18 min ago11.38 bp176.3 bp −$176doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0302%4h149.36−0.016%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.23−0.102%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.48+0.067%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.58+0.134%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.020%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.44+0.040%$474K$54K10xas long as short
Lighter RH ORCL+0.0032%1h149.37−0.007%$622K$322K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.214%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.26−0.080%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.40+0.013%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.22−0.107%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.28−0.067%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.34−0.027%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.16−0.147%$698K$894K10xas long as short
Nado ORCL-PERP+0.0053%1h149.24−0.096%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h149.35−0.020%$1.1M$2.0M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.24−0.094%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h149.33−0.033%$19010x
KuCoin ORCLUSDTMlong+0.0137%8h149.38long leg$240K$280K20x
Variational Omni ORCL+0.0161%8h149.32−0.041%$1.2M$423Kas long as short
GRVT ORCL_USDT_Perp+0.0161%8h149.36−0.012%$1K$162K10xas long as short
Gate ORCL_USDT+0.0218%8h149.43+0.033%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0240%8h149.47+0.060%$4.9M$6.1M20xas long as short
Binance ORCLUSDT+0.0254%8h149.39+0.006%$24.9M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.34−0.025%$391K$1.4M10xas long as short
Phoenix ORCL+0.0429%1h149.43+0.033%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0570%8h149.40+0.013%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0574%8h149.380.000%$47K$44K20xas long as short