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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0115%/8h= +12.6% APRpaid last 24h +0.025%
Price spread now: Variational Omni against Nado+0.093%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · Variational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Variational Omni is 0.093% dearer against Nado than usual: you sell high and buy low: +$9 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ORCL-PERP149.500.0087pay 0.0011% / 1h12m 36s$92K$18K10x
ShortVariational Omni ORCL149.640.0202get 0.0202% / 8h5h 12m$1.3M$363K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni against Nado. 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
$24.08
Price spread: +0.093% → 0.000%
$9.33
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Variational Omni: 0 bp × 2 orders
$0
Net
$26.41
Costs to cover
0.070%
Break-even
from the start
Slippage unknown: Nado: no order-book sample; Variational Omni: RFQ quote, 1 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 Nado no order-book sample
Sell Variational Omni RFQ quote, 1 min ago3.74 bpdoesn't fit15.0 bp −$150doesn't fitdoesn't fit
Nado: 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−0.0829%4h149.63+0.087%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.50+0.001%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.90+0.267%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.74+0.160%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.66+0.106%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.62+0.079%$622K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.295%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.53+0.019%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.62+0.079%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.50−0.001%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.57+0.046%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.62+0.079%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.48−0.014%$700K$724K10xas long as short
QFEX ORCL-USD+0.0059%1h149.66+0.106%$1.1M$2.5M10xas long as short
Bitget ORCLUSDT+0.0061%8h149.72+0.146%$7.7M$4.0M20xas long as short
Nado ORCL-PERPlong+0.0087%1h149.50long leg$92K$18K10x
ApeX Omni ORACLEUSDT+0.0100%1h149.68+0.120%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.63+0.086%$19010xas long as short
Gate ORCL_USDT+0.0103%8h149.71+0.140%$2.3M$2.9M25xas long as short
Variational Omni ORCLshort+0.0202%8h149.64+0.093%$1.3M$363K
GRVT ORCL_USDT_Perp+0.0212%8h149.66+0.106%$2K$179K10xas long as short
Binance ORCLUSDT+0.0280%8h149.65+0.101%$25.0M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0280%1h149.61+0.076%$389K$1.3M10xas long as short
OKX ORCL-USDT-SWAP+0.0363%8h149.74+0.160%$4.9M$5.6M20xas long as short
KuCoin ORCLUSDTM+0.0369%8h149.75+0.166%$261K$272K20xas long as short
Phoenix ORCL+0.0536%1h149.49−0.008%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0619%8h149.71+0.140%$3.8M$1.6M50xas long as short
BloFin ORCL-USDT+0.0625%8h149.75+0.166%$47K$43K20xas long as short