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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0288%/8h= +31.5% APRnext payment +$2.88 per $10,000 · paid last 24h +0.037%
Price spread now: OKX against Orderly+0.107%50s7-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 +$9 a day on $10k at the current rate, and OKX is 0.107% 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 50 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_mythos149.560.0100pay 0.0100% / 8h3h 47m$19010x
ShortOKX ORCL-USDT-SWAP149.720.0388get 0.0388% / 8h3h 47m$5.0M$5.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$60.43
Price spread: +0.107% → 0.000%
$10.7
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee OKX: 5 bp × 2 orders
−$10
Net
$55.13
Costs to cover
0.160%
Break-even
0.6 days
Slippage unknown: Orderly: no order-book sample; OKX: 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 OKX live order book, 5 min ago0.33 bp8.8 bp −$919.8 bp −$198doesn'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−0.0345%4h149.52−0.025%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.55−0.004%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.79+0.154%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.87+0.207%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.65+0.060%$52K$24K20xas long as short
Nado ORCL-PERP+0.0027%1h149.58+0.012%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.69+0.087%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.66+0.067%$624K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.334%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.55−0.007%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.66+0.067%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.61+0.033%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.65+0.060%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.53−0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.53−0.020%$703K$723K10xas long as short
QFEX ORCL-USD+0.0067%1h149.64+0.053%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.41−0.100%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.56long leg$19010x
GRVT ORCL_USDT_Perp+0.0212%8h149.54−0.014%$2K$177K10xas long as short
Variational Omni ORCL+0.0247%8h149.67+0.073%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0304%8h149.73+0.114%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0320%8h149.72+0.107%$25.2M$35.3M20xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.68+0.079%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0355%8h149.80+0.160%$262K$278K20xas long as short
OKX ORCL-USDT-SWAPshort+0.0388%8h149.72+0.107%$5.0M$5.8M20x
Phoenix ORCL+0.0535%1h149.67+0.074%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0725%8h149.77+0.140%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0742%8h149.70+0.094%$47K$43K20xas long as short