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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC−0.0269%/8h= −29.5% APRpaid last 24h −0.052%
Price spread now: SoDEX against OKX−0.114%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 3 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 −$8 a day on $10k at the current rate, and SoDEX is 0.114% cheaper against OKX than usual: you would sell low and buy high (−$11 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-SWAP149.640.0319pay 0.0319% / 8h7h 49m$4.8M$5.5M20x
ShortSoDEX ORCL-USD149.470.0050get 0.0006% / 1h49m 16s$30K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$56.58
Price spread: −0.114% → 0.000%
−$11.36
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$85.94
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 3 min ago; SoDEX: 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, 3 min ago0.34 bp12.5 bp −$1327.2 bp −$272doesn't fitdoesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0886%4h149.38−0.175%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.56−0.051%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.87+0.154%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.41−0.154%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.61−0.020%$474K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.52−0.080%$622K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.388%$20K$12K12xas long as short
Nado ORCL-PERP+0.0043%1h149.30−0.229%$92K$18K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.51−0.087%$127K25xas long as short
SoDEX ORCL-USDshort+0.0050%1h149.47−0.114%$30K$3K10x
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h149.24−0.267%$702K$704K10xas long as short
QFEX ORCL-USD+0.0075%1h149.50−0.094%$1.1M$2.9M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.22−0.281%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.50−0.094%$19010xas long as short
Gate ORCL_USDT+0.0107%8h149.62−0.013%$2.3M$2.9M25xas long as short
Polymarket Perps ORCL-USD+0.0107%1h149.45−0.127%$131K$93K10xas long as short
Variational Omni ORCL+0.0143%8h149.30−0.226%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0190%8h149.36−0.186%$1K$192K10xas long as short
Extended ORCL_24_5-USD+0.0192%1h149.53−0.071%$386K$1.5M10xas long as short
Binance ORCLUSDT+0.0194%8h149.59−0.037%$25.1M$35.1M20xas long as short
tradeXYZ xyz:ORCL+0.0232%1h149.47−0.114%$21.5M$7.0M10xas long as short
KuCoin ORCLUSDTM+0.0287%8h149.49−0.100%$260K$250K20xas long as short
OKX ORCL-USDT-SWAPlong+0.0319%8h149.64long leg$4.8M$5.5M20x
Bitget ORCLUSDT+0.0399%8h149.60−0.027%$7.6M$4.1M20xas long as short
Arcus ORCL-USD+0.0467%1h149.28−0.241%$86K$80K10xas long as short
Bybit ORCLUSDT+0.0572%8h149.62−0.013%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0583%8h149.35−0.194%$47K$51K20xas long as short
Phoenix ORCL+0.0697%1h149.31−0.221%$150K$84K10xas long as short