Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG138.00+0.0048pay 0.0006% / 1h28m 09s$353K$143K20xLong Popdex
SHORT137.85−0.0678pay 0.0339% / 4h1h 28m$35K$200K10xShort edgeX
Price gap−0.106%60s
Funding gap−0.0726% /8h

Both sides work against this direction now: funding costs $22 a day on $10k and the gap is 0.090% under its 7d average. Swap the legs.

The two prices were read 60 s apart: part of this gap may be the market moving.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$119−0.0726% /8h now · paid −1.188% over the last 7D
Price—spread −0.106%60s now · prices read too far apart to compare
Costs−$350.350% of $10k · taker + slippage, in and out
Result—+ Points / potential airdropedgeX: points · farm boardneeds both prices read together

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.106%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ORCL on 30 exchanges

lowest funding first

Before you open

2 ok · 4 to watch
  • Watch: Large against open interest7.1 / 10.6 bp
    $10k is over 10% of edgeX’s open interest.
  • Note: Margin at max leverage$500 + $1,000
    Popdex 20x, edgeX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 4h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$21.78Long Popdex: 24 payments, −$1.44; short edgeX: 6 payments, −$20.34.
  • Watch: Prices read 60 s apart−0.106% vs −0.016%
    Part of this gap may be the market moving.
  • Watch: Short leg is thinner$35K vs $353K OI
    edgeX sets your exit cost. Check its book before closing.
  • OK: Points on a legedgeX points
    Volume here counts toward the points program.
  • OK: No KYC on either legPopdex No · edgeX No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0619%/8h × 21 periods−$129.99
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$19.63
Fee Popdex bp × 2 orders−$6.40
Fee edgeX bp × 2 orders−$9.00
Net · 7 days · $10k−$165.02
price spread not counted: prices read too far apart
Costs to cover0.350%Break-evennever at this rate
Slippage: Popdex: live order book, 64 min ago; edgeX: live order book, 63 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGPopdex1.827.1 bp−$741.4 bp−$414doesn’t fitdoesn’t fit
SELL · SHORTedgeX5.4610.6 bp−$1119.0 bp−$190doesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

ORCL news

posts that mention ORCL or Oracle, from every exchangeSearch all news →
09-29 19:30Vest MarketsOtherTrade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-29 19:30Vest MarketsOtherHeading into the close, $ORCL is up around 4.2% with the launch of Fusion Claw, which adds 25 agentic applications. The company also introduced a native NetApp storage service on its cloud, with a full rollout planned within 12 months. The move puts the shares on pace to snap a four-day losing streak that had taken them about 11% lower. @VestExchange on X ↗
09-28 17:30Vest MarketsOtherOracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗
09-27 09:40KalshiOtherJUST IN: Oracle reportedly gave Larry Ellison and co-CEOs nearly $1 billion in stock options that "had no value" by fiscal year-end @Kalshi on X ↗
09-25 03:59KalshiOtherJUST IN: Oracle's "investment grade" bond closed at 8.10%, in line with B3/B- junk @Kalshi on X ↗
09-24 13:30Vest MarketsOther$ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗