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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0214%/8h= +23.4% APRnext payment +$2.14 per $10,000 · paid last 24h +0.043%
Price spread now: Bitget against Orderly+0.020%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 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 for this trade now. Funding pays +$6 a day on $10k at the current rate, and Bitget is 0.020% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos148.800.0100pay 0.0100% / 8h2h 23m$18910x
ShortBitget ORCLUSDT148.830.0314get 0.0314% / 8h2h 23m$7.4M$4.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against Orderly. 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
$44.94
Price spread: +0.020% → 0.000%
$2.02
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Bitget: 6 bp × 2 orders
−$12
Net
$28.96
Costs to cover
0.180%
Break-even
2.5 days
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 5 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 Orderly no order-book sample
Sell Bitget live order book, 5 min ago1.34 bp11.6 bp −$1225.6 bp −$256doesn't fitdoesn't fit
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−0.0567%4h148.81+0.007%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.043%$93K$16K20xas long as short
Extended ORCL_24_5-USD0.0000%1h148.79−0.006%$385K$1.4M10xas long as short
Binance ORCLUSDT0.0000%8h148.82+0.012%$24.8M$35.9M20xas long as short
Gate ORCL_USDT0.0000%8h148.85+0.034%$2.2M$3.1M25xas long as short
Variational Omni ORCL0.0000%8h148.80+0.003%$1.3M$221Kas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.81+0.008%$2K$205K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.141%$3K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h148.84+0.027%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h148.88+0.054%$471K$53K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ORCL+0.0032%1h148.84+0.027%$622K$465K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.175%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.800.000%$127K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.71−0.060%$21.5M$8.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.72−0.054%$130K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.800.000%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.65−0.101%$737K$611K10xas long as short
QFEX ORCL-USD+0.0053%1h148.77−0.020%$1.1M$2.8M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.90+0.067%$258K$197K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.81+0.007%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h148.80long leg$18910x
Nado ORCL-PERP+0.0127%1h148.70−0.068%$92K$18K10xas long as short
OKX ORCL-USDT-SWAP+0.0204%8h148.89+0.060%$4.7M$5.7M20xas long as short
Arcus ORCL-USD+0.0251%1h148.74−0.040%$78K$80K10xas long as short
Bitget ORCLUSDTshort+0.0314%8h148.83+0.020%$7.4M$4.7M20x
Phoenix ORCL+0.0431%1h148.74−0.040%$149K$100K10xas long as short
Bybit ORCLUSDT+0.0466%8h148.84+0.027%$3.5M$1.6M50xas long as short
BloFin ORCL-USDT+0.0478%8h148.94+0.094%$47K$50K20xas long as short