Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against SunX−0.154%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.154% cheaper against SunX than usual: you would sell low and buy high (spread −0.154% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$15 on $10k: about 10 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ORCL-USDT	149.47	0	get 0.0000% / 8h	1h 02m	$3K	$2.7M	10x
Short	SoDEX ORCL-USD	149.24	0.0050	get 0.0006% / 1h	2m 07s	$30K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee SunXbpFee SoDEXbpOrdersPrice spread, now −0.154%Rate

Funding earned: $10.5
Price spread: −0.154% → 0.000%: −$15.39
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$20.89
Costs to cover: 0.160%
Break-even: 20.9 days

Slippage unknown: SunX: live order book, 5 min ago; SoDEX: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 5 min ago	29.76 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0250%	4h	149.25	−0.150%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.10	−0.249%	$97K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.39	−0.054%	$7.7M	$2.9M	20x	as long as short
SunX ORCL-USDTlong	0.0000%	8h	149.47	long leg	$3K	$2.7M	10x
HTX ORCL-USDT	0.0000%	8h	149.30	−0.114%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.27	−0.134%	$473K	$54K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.28	−0.127%	$622K	$322K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.274%	$20K	$9K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.16	−0.207%	$86K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.26	−0.140%	—	$67K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ORCL	+0.0050%	1h	149.16	−0.207%	$21.6M	$6.9M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.21	−0.174%	$131K	$92K	10x	as long as short
SoDEX ORCL-USDshort	+0.0050%	1h	149.24	−0.154%	$30K	$3K	10x
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.03	−0.294%	$698K	$858K	10x	as long as short
QFEX ORCL-USD	+0.0065%	1h	149.22	−0.167%	$1.1M	$2.0M	10x	as long as short
Nado ORCL-PERP	+0.0066%	1h	149.13	−0.226%	$88K	$22K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.13	−0.227%	$22K	$264K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.20	−0.181%	$190	—	10x	as long as short
KuCoin ORCLUSDTM	+0.0115%	8h	149.32	−0.100%	$240K	$275K	20x	as long as short
Variational Omni ORCL	+0.0166%	8h	149.28	−0.127%	$1.2M	$423K	—	as long as short
GRVT ORCL_USDT_Perp	+0.0174%	8h	149.28	−0.129%	$1K	$161K	10x	as long as short
Gate ORCL_USDT	+0.0211%	8h	149.37	−0.067%	$2.3M	$3.0M	25x	as long as short
OKX ORCL-USDT-SWAP	+0.0248%	8h	149.30	−0.114%	$4.9M	$6.0M	20x	as long as short
Extended ORCL_24_5-USD	+0.0256%	1h	149.22	−0.165%	$388K	$1.4M	10x	as long as short
Binance ORCLUSDT	+0.0257%	8h	149.27	−0.134%	$24.9M	$36.6M	20x	as long as short
Phoenix ORCL	+0.0429%	1h	149.23	−0.161%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0575%	8h	149.31	−0.107%	$4.1M	$1.9M	50x	as long as short
BloFin ORCL-USDT	+0.0585%	8h	149.27	−0.134%	$47K	$44K	20x	as long as short