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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0091%/8h= −10.0% APRnext payment $0.91 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against OKX−0.020%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 −$3 a day on $10k at the current rate, and Orderly is 0.020% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP148.510.0191pay 0.0191% / 8h7h 26m$4.9M$5.9M20x
ShortOrderly PERP_ORCL_USDC_mythos148.480.0100get 0.0100% / 8h7h 26m$18910x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$19.09
Price spread: −0.020% → 0.000%
−$2.02
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$37.11
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 1 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 OKX live order book, 1 min ago1.68 bp12.8 bp −$1323.7 bp −$237doesn'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−0.0708%4h148.59+0.054%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.56+0.032%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.59+0.054%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.61+0.064%$1K$148K10xas long as short
SunX ORCL-USDT0.0000%8h148.65+0.094%$2K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.69+0.121%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.53+0.013%$474K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.44−0.047%$602K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.370%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.33−0.121%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.33−0.121%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.25−0.175%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.40−0.074%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.26−0.168%$707K$835K10xas long as short
Nado ORCL-PERP+0.0058%1h148.27−0.163%$87K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.42−0.061%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0073%1h148.37−0.094%$21.6M$6.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.57+0.040%$241K$320K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.47−0.027%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h148.48−0.020%$18910x
Variational Omni ORCL+0.0139%8h148.60+0.061%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAPlong+0.0191%8h148.51long leg$4.9M$5.9M20x
Binance ORCLUSDT+0.0216%8h148.50−0.007%$25.0M$36.2M20xas long as short
Extended ORCL_24_5-USD+0.0216%1h148.48−0.022%$386K$2.1M10xas long as short
Gate ORCL_USDT+0.0256%8h148.61+0.067%$2.3M$2.9M25xas long as short
Bybit ORCLUSDT+0.0436%8h148.54+0.020%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0452%8h148.53+0.013%$48K$45K20xas long as short
Phoenix ORCL+0.0537%1h148.48−0.020%$152K$73K10xas long as short