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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0010%/8h= −1.1% APRnext payment $0.01 per $10,000 · paid last 24h +0.075%
Price spread now: Arcus against SoDEX−0.047%7-day average · you buy dearer than you sell
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 4 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 against this trade now: funding costs $0 a day on $10k at the current rate, and Arcus is 0.047% cheaper against SoDEX than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ORCL-USD148.710.0050pay 0.0006% / 1h42m 58s$30K$3K10x
ShortArcus ORCL-USD148.640.0040get 0.0005% / 1h42m 58s$86K$79K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus against SoDEX. 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
−$2.04
Price spread: −0.047% → 0.000%
−$4.71
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$19.25
Costs to cover
0.125%
Break-even
never at this rate
Slippage unknown: SoDEX: no order-book sample; Arcus: 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 SoDEX no order-book sample
Sell Arcus no order-book sample
SoDEX and Arcus: 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−0.0961%4h148.76+0.035%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.101%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.80+0.061%$7.7M$2.7M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.85+0.097%$1K$152K10xas long as short
SunX ORCL-USDT0.0000%8h148.93+0.148%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.86+0.101%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.77+0.040%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.70−0.007%$602K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.235%$20K$9K12xas long as short
Nado ORCL-PERP+0.0040%1h148.59−0.084%$88K$22K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus ORCL-USDshort+0.0040%1h148.64−0.047%$86K$79K10x
Vest ORCL-USD-PERP+0.0046%1h148.68−0.020%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.59−0.081%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.60−0.074%$130K$80K10xas long as short
SoDEX ORCL-USDlong+0.0050%1h148.71long leg$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h148.62−0.061%$708K$870K10xas long as short
QFEX ORCL-USD+0.0065%1h148.66−0.034%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.80+0.061%$240K$303K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.83+0.081%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.72+0.007%$18910xas long as short
Gate ORCL_USDT+0.0107%8h148.80+0.061%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0173%8h148.75+0.027%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0210%8h148.72+0.007%$4.9M$5.9M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h148.67−0.027%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0259%8h148.70−0.006%$25.1M$36.3M20xas long as short
Phoenix ORCL+0.0537%1h148.59−0.081%$152K$73K10xas long as short
Bybit ORCLUSDT+0.0640%8h148.74+0.020%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0663%8h148.83+0.081%$47K$45K20xas long as short