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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC+0.0120%/8h= +13.2% APRpaid last 24h +0.045%
Price spread now: Variational Omni against Lighter RH+0.108%7-day average +0.062% · you sell dearer than you buy
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 4 days (all we have)+0.027%+$3 on $10k
Price spread, last 4 days (all we have)−0.220%−$22 · spread now +0.108%, 7d avg +0.062%
Together, before fees−0.193%+ Points / potential airdropLighter RH: Points live · Variational Omni: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.046% dearer against Lighter RH than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.062%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter RH ORCL148.620.0032pay 0.0004% / 1h32m 17s$602K$315K10x
ShortVariational Omni ORCL148.780.0152get 0.0152% / 8h7h 32m$1.2M$428K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Lighter RH. 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
$25.22
Price spread: +0.108% → +0.062%
$4.59
Slippage, 4 orders
no order book: not counted
Fee Lighter RH: 0 bp × 2 orders
$0
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$29.81
Costs to cover
0.000%
Break-even
from the start
Slippage unknown: Lighter RH: live order book, 65 min ago; Variational Omni: RFQ quote, 2 min ago. 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 Lighter RH live order book, 65 min ago2.35 bp3.6 bp −$48.6 bp −$86doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 2 min ago4.47 bpdoesn't fit21.5 bp −$215doesn'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−0.0504%4h148.78+0.107%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.161%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.620.000%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.78+0.109%$1K$149K10xas long as short
SunX ORCL-USDT0.0000%8h148.87+0.168%$2K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.87+0.168%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.65+0.020%$475K$59K10xas long as short
Lighter RH ORCLlong+0.0032%1h148.62long leg$602K$315K10x
Injective ORCL/USDC PERP+0.0033%1h149.06+0.296%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.59−0.020%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.66+0.027%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.45−0.114%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.59−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.57−0.034%$708K$846K10xas long as short
Nado ORCL-PERP+0.0057%1h148.61−0.009%$88K$22K10xas long as short
tradeXYZ xyz:ORCL+0.0063%1h148.51−0.074%$21.6M$6.9M10xas long as short
QFEX ORCL-USD+0.0065%1h148.67+0.034%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.66+0.027%$241K$314K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.70+0.054%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.67+0.034%$18910xas long as short
Variational Omni ORCLshort+0.0152%8h148.78+0.108%$1.2M$428K
OKX ORCL-USDT-SWAP+0.0200%8h148.57−0.034%$4.9M$5.9M20xas long as short
Extended ORCL_24_5-USD+0.0232%1h148.62−0.003%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0233%8h148.62−0.002%$25.1M$36.4M20xas long as short
Gate ORCL_USDT+0.0248%8h148.76+0.094%$2.3M$2.9M25xas long as short
BloFin ORCL-USDT+0.0468%8h148.74+0.081%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0473%8h148.61−0.007%$4.1M$1.9M50xas long as short
Phoenix ORCL+0.0537%1h148.76+0.094%$152K$73K10xas long as short