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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.087%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
The price spread pays, funding is against you. HTX is 0.087% dearer against Orderly than usual: you sell high and buy low (spread +0.087% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.9 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos148.790.0100pay 0.0100% / 8h7h 37m$18910x
ShortHTX ORCL-USDT148.920get 0.0000% / 8h7h 37m$52K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: +0.087% → 0.000%
$8.74
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$30.26
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: 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 HTX no order-book sample
Orderly and HTX: 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−0.0994%4h148.72−0.044%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.047%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.87+0.054%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.76−0.020%$1K$152K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.148%$2K$2.6M10xas long as short
HTX ORCL-USDTshort0.0000%8h148.92+0.087%$52K$25K20x
Lighter ORCL+0.0032%1h148.790.000%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.75−0.027%$603K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.181%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.71−0.054%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.76−0.020%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.58−0.141%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.76−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.58−0.141%$708K$870K10xas long as short
Nado ORCL-PERP+0.0054%1h148.57−0.149%$88K$22K10xas long as short
tradeXYZ xyz:ORCL+0.0055%1h148.67−0.081%$21.7M$6.9M10xas long as short
QFEX ORCL-USD+0.0065%1h148.78−0.007%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.88+0.060%$241K$308K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.65−0.094%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h148.79long leg$18910x
Variational Omni ORCL+0.0161%8h148.74−0.037%$1.2M$428Kas long as short
Gate ORCL_USDT+0.0184%8h148.89+0.067%$2.3M$2.9M25xas long as short
OKX ORCL-USDT-SWAP+0.0210%8h148.77−0.013%$4.9M$5.9M20xas long as short
Binance ORCLUSDT+0.0247%8h148.80+0.007%$25.1M$36.3M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h148.76−0.019%$390K$2.1M10xas long as short
Phoenix ORCL+0.0537%1h148.70−0.060%$152K$73K10xas long as short
Bybit ORCLUSDT+0.0620%8h148.790.000%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0622%8h148.73−0.040%$47K$45K20xas long as short