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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.060%73s7-day average −0.190% · 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 7 days+0.205%+$20 on $10k
Price spread, last 4 days (all we have)−0.156%−$16 · spread now −0.060%, 7d avg −0.190%
Together, before fees+0.048%+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.130% dearer against SunX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.190%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.540get 0.0000% / 8h5h 55m$2K$2.4M10x
ShortApeX Omni ORACLEUSDT149.450.0100get 0.0013% / 1h55m 54s$22K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.060% → −0.190%
$13
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$16
Costs to cover
0.180%
Break-even
1.7 days
Slippage unknown: SunX: live order book, 5 min ago; ApeX Omni: live order book, 54 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 SunX live order book, 5 min ago29.68 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 54 min ago8.70 bp21.1 bp −$21185.7 bp −$1,857doesn't fitdoesn't fit

ORCL on 28 exchanges

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−0.0383%4h149.51−0.022%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.50−0.027%$105K$22K20xas long as short
Bitget ORCLUSDT0.0000%8h149.57+0.020%$7.7M$2.4M20xas long as short
SunX ORCL-USDTlong0.0000%8h149.54long leg$2K$2.4M10x
Lighter ORCL+0.0032%1h149.44−0.067%$477K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.321%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.40−0.094%$43K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.36−0.120%$131K$69K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.41−0.087%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.22−0.214%$698K$826K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
QFEX ORCL-USD+0.0079%1h149.38−0.107%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0089%1h149.27−0.178%$88K$22K10xas long as short
HTX ORCL-USDT+0.0089%8h149.42−0.080%$52K$24K20xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.50−0.027%$241K$425K20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.45−0.060%$22K$262K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.40−0.094%$19010xas long as short
Lighter RH ORCL+0.0136%1h149.40−0.094%$613K$286K10xas long as short
OKX ORCL-USDT-SWAP+0.0230%8h149.51−0.020%$5.0M$6.0M20xas long as short
Variational Omni ORCL+0.0243%8h149.50−0.027%$1.2M$399Kas long as short
tradeXYZ xyz:ORCL+0.0300%1h149.41−0.087%$21.9M$6.8M10xas long as short
Binance ORCLUSDT+0.0351%8h149.46−0.056%$25.2M$35.2M20xas long as short
Extended ORCL_24_5-USD+0.0352%1h149.42−0.081%$390K$2.1M10xas long as short
Gate ORCL_USDT+0.0375%8h149.60+0.040%$2.3M$2.8M25xas long as short
Arcus ORCL-USD+0.0445%1h149.32−0.147%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0553%8h149.58+0.024%$1K$138K10xas long as short
Phoenix ORCL+0.0589%1h149.46−0.053%$153K$72K10xas long as short
BloFin ORCL-USDT+0.0667%8h149.33−0.140%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0680%8h149.48−0.040%$4.2M$1.8M50xas long as short