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+0.0039%/8h= +4.3% APRpaid last 24h 0.000%
Price spread now: Extended against OKX+0.040%7-day average −0.008% · you sell dearer than you buy
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$420.424% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.013%+$1 on $10k
Price spread, last 7 days+0.011%+$1 · spread now +0.040%, 7d avg −0.008%
Together, before fees+0.024%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and Extended is 0.049% dearer against OKX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.008%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP149.250.0217pay 0.0217% / 8h19m 29s$4.9M$6.0M20x
ShortExtended ORCL_24_5-USD149.310.0256get 0.0032% / 1h19m 29s$388K$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Extended against OKX. 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
$8.28
Price spread: +0.040% → −0.008%
$4.9
Slippage, 4 orders
−$27.37
Fee OKX: 5 bp × 2 orders
−$10
Fee Extended: 2.5 bp × 2 orders
−$5
Net
−$29.19
Costs to cover
0.424%
Break-even
31.7 days
Slippage from OKX: live order book, 3 min ago; Extended: live order book, 4 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 OKX live order book, 3 min ago1.00 bp14.2 bp −$1426.0 bp −$260doesn't fitdoesn't fit
Sell Extended live order book, 4 min ago1.01 bp8.2 bp −$865.8 bp −$658doesn'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−0.0358%4h149.06−0.125%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.48+0.157%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.40+0.101%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.52+0.181%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.107%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.31+0.040%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.33+0.054%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.127%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.15−0.067%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.28+0.020%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.19−0.040%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.27+0.013%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.26+0.007%$30K$3K10xas long as short
Nado ORCL-PERP+0.0050%1h149.19−0.041%$88K$22K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.10−0.101%$707K$875K10xas long as short
QFEX ORCL-USD+0.0057%1h149.29+0.027%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.26+0.007%$241K$276K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.26+0.007%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.24−0.007%$19010xas long as short
Variational Omni ORCL+0.0165%8h149.26+0.006%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0180%8h149.30+0.032%$1K$156K10xas long as short
Gate ORCL_USDT+0.0198%8h149.39+0.094%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAPlong+0.0217%8h149.25long leg$4.9M$6.0M20x
Binance ORCLUSDT+0.0255%8h149.36+0.077%$24.9M$36.9M20xas long as short
Extended ORCL_24_5-USDshort+0.0256%1h149.31+0.040%$388K$2.1M10x
Phoenix ORCL+0.0483%1h149.22−0.020%$153K$72K10xas long as short
BloFin ORCL-USDT+0.0533%8h149.33+0.054%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0549%8h149.37+0.080%$4.2M$1.9M50xas long as short