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+0.0486%/8h= +53.2% APRnext payment +$4.86 per $10,000 · paid last 24h +0.115%
Price spread now: BloFin against Orderly+0.114%52s7-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 +$15 a day on $10k at the current rate, and BloFin is 0.114% dearer against Orderly than usual: you sell high and buy low: +$11 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 52 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos149.300.0100pay 0.0100% / 8h6h 17m$19010x
ShortBloFin ORCL-USDT149.470.0586get 0.0586% / 8h6h 17m$48K$45K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$101.98
Price spread: +0.114% → 0.000%
$11.39
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee BloFin: 6 bp × 2 orders
−$12
Net
$95.37
Costs to cover
0.180%
Break-even
0.5 days
Slippage unknown: Orderly: no order-book sample; BloFin: 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 Orderly no order-book sample
Sell BloFin no order-book sample
Orderly and BloFin: 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 exchanges

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−0.0692%4h149.30+0.003%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.50+0.134%$98K$22K20xas long as short
Bitget ORCLUSDT0.0000%8h149.45+0.100%$7.7M$2.5M20xas long as short
SunX ORCL-USDT0.0000%8h149.56+0.174%$2K$2.4M10xas long as short
HTX ORCL-USDT+0.0013%8h149.38+0.054%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.37+0.047%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.33+0.020%$613K$285K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.161%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.28−0.013%$43K25xas long as short
Nado ORCL-PERP+0.0047%1h149.18−0.080%$88K$22K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.28−0.013%$131K$69K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.35+0.033%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.06−0.161%$698K$849K10xas long as short
QFEX ORCL-USD+0.0075%1h149.32+0.013%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.40+0.067%$242K$400K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.38+0.054%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.30long leg$19010x
tradeXYZ xyz:ORCL+0.0124%1h149.25−0.033%$21.8M$6.7M10xas long as short
OKX ORCL-USDT-SWAP+0.0200%8h149.300.000%$5.0M$5.9M20xas long as short
Variational Omni ORCL+0.0208%8h149.33+0.023%$1.2M$400Kas long as short
Binance ORCLUSDT+0.0304%8h149.37+0.047%$25.2M$35.2M20xas long as short
Extended ORCL_24_5-USD+0.0304%1h149.34+0.027%$387K$2.1M10xas long as short
Gate ORCL_USDT+0.0343%8h149.49+0.127%$2.3M$2.8M25xas long as short
Arcus ORCL-USD+0.0415%1h149.25−0.033%$86K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0431%8h149.35+0.033%$1K$140K10xas long as short
Bybit ORCLUSDT+0.0570%8h149.43+0.087%$4.1M$1.8M50xas long as short
BloFin ORCL-USDTshort+0.0586%8h149.47+0.114%$48K$45K20x
Phoenix ORCL+0.0589%1h149.23−0.047%$153K$72K10xas long as short