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+0.0144%/8h= +15.8% APRnext payment +$1.44 per $10,000 · paid last 24h +0.049%
Price spread now: KuCoin against SunX−0.234%7-day average −0.145% · 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+0.229%+$23 on $10k
Price spread, last 4 days (all we have)+0.035%+$3 · spread now −0.234%, 7d avg −0.145%
Together, before fees+0.263%+$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.088% cheaper against SunX than usual: you would sell low and buy high (spread −0.234% now, against its 7-day average of −0.145%). If the spread goes back, that is −$9 on $10k: about 2.0 days of funding at the current rate (+$4 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.730get 0.0000% / 8h1h 29m$2K$2.7M10x
ShortKuCoin ORCLUSDTM149.380.0144get 0.0144% / 8h1h 29m$240K$280K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$30.24
Price spread: −0.234% → −0.145%
−$8.84
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$1.4
Costs to cover
0.200%
Break-even
6.7 days
Slippage unknown: SunX: live order book, 8 min ago; KuCoin: live order book, 12 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, 8 min ago30.43 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell KuCoin live order book, 12 min ago11.38 bp124.5 bp −$125doesn't fitdoesn't fitdoesn't fit

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−0.0818%4h149.30−0.288%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.34−0.263%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.58−0.100%$7.7M$3.8M20xas long as short
SunX ORCL-USDTlong0.0000%8h149.73long leg$2K$2.7M10x
HTX ORCL-USDT0.0000%8h149.52−0.140%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.48−0.167%$474K$54K10xas long as short
Lighter RH ORCL+0.0032%1h149.43−0.200%$623K$322K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.447%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.30−0.287%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.45−0.187%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.38−0.234%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.40−0.220%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.43−0.200%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.19−0.361%$698K$894K10xas long as short
Nado ORCL-PERP+0.0058%1h149.29−0.297%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h149.47−0.174%$1.1M$2.0M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.34−0.260%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.39−0.227%$19010xas long as short
KuCoin ORCLUSDTMshort+0.0144%8h149.38−0.234%$240K$280K20x
GRVT ORCL_USDT_Perp+0.0157%8h149.35−0.256%$1K$162K10xas long as short
Variational Omni ORCL+0.0162%8h149.39−0.228%$1.2M$423Kas long as short
Gate ORCL_USDT+0.0227%8h149.53−0.134%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0247%8h149.51−0.147%$4.9M$6.1M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.45−0.184%$391K$1.4M10xas long as short
Binance ORCLUSDT+0.0257%8h149.48−0.167%$24.9M$36.9M20xas long as short
Phoenix ORCL+0.0429%1h149.16−0.381%$152K$75K10xas long as short
Bybit ORCLUSDT+0.0577%8h149.44−0.194%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0606%8h149.36−0.247%$47K$44K20xas long as short