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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 07:00 UTC+0.0226%/8h= +24.7% APRpaid last 24h +0.048%
Price spread now: Binance against SoDEX+0.053%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 3 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 +$7 a day on $10k at the current rate, and Binance is 0.053% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ORCL-USD149.600.0050pay 0.0006% / 1h50m 18s$30K$3K10x
ShortBinance ORCLUSDT149.680.0276get 0.0276% / 8h1h 50m$25.0M$36.7M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$47.41
Price spread: +0.053% → 0.000%
$5.35
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$34.76
Costs to cover
0.180%
Break-even
1.9 days
Slippage unknown: SoDEX: no order-book sample; Binance: live order book, 6 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 SoDEX no order-book sample
Sell Binance live order book, 6 min ago0.34 bp9.3 bp −$924.5 bp −$245104.8 bp −$10.5Kdoesn't fit
SoDEX: 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−0.0736%4h149.45−0.097%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.53−0.050%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.72+0.080%$7.7M$3.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.90+0.201%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.64+0.027%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.68+0.053%$474K$51K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.361%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.43−0.114%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.55−0.033%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.53−0.047%$131K$92K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USDlong+0.0050%1h149.60long leg$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h149.26−0.227%$699K$894K10xas long as short
QFEX ORCL-USD+0.0065%1h149.55−0.033%$1.1M$2.0M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.47−0.087%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.600.000%$19010xas long as short
Nado ORCL-PERP+0.0116%1h149.36−0.160%$88K$22K10xas long as short
tradeXYZ xyz:ORCL+0.0146%1h149.49−0.074%$21.7M$6.9M10xas long as short
GRVT ORCL_USDT_Perp+0.0174%8h149.59−0.006%$1K$163K10xas long as short
Variational Omni ORCL+0.0183%8h149.55−0.033%$1.2M$423Kas long as short
Lighter RH ORCL+0.0192%1h149.65+0.033%$624K$322K10xas long as short
KuCoin ORCLUSDTM+0.0194%8h149.45−0.100%$240K$283K20xas long as short
Gate ORCL_USDT+0.0247%8h149.69+0.060%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0272%1h149.64+0.027%$388K$1.6M10xas long as short
Binance ORCLUSDTshort+0.0276%8h149.68+0.053%$25.0M$36.7M20x
OKX ORCL-USDT-SWAP+0.0287%8h149.65+0.033%$4.9M$6.1M20xas long as short
Phoenix ORCL+0.0429%1h149.33−0.180%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0620%8h149.74+0.094%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0634%8h149.62+0.013%$47K$44K20xas long as short