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−0.0050%/8h= −5.5% APRpaid last 24h +0.090%
Price spread now: Bitget against tradeXYZ+0.154%7-day average +0.143% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.502% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.084%+$8 on $10k
Price spread, last 7 days−0.055%−$6 · spread now +0.154%, 7d avg +0.143%
Together, before fees+0.029%+ Points / potential airdroptradeXYZ: Active · farm board+$3 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.143%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.084%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongtradeXYZ xyz:ORCL149.260.0050pay 0.0006% / 1h17m 42s$21.6M$6.9M10x
ShortBitget ORCLUSDT149.490get 0.0000% / 8h1h 17m$7.7M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against tradeXYZ. 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
−$10.5
Price spread: +0.154% → +0.143%
$1.06
Slippage, 4 orders
−$20.24
Fee tradeXYZ: 9 bp × 2 orders
−$18
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$59.68
Costs to cover
0.502%
Break-even
never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; Bitget: live order book, 6 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy tradeXYZ live order book, 11 min ago0.34 bp11.5 bp −$1117.6 bp −$176doesn't fitdoesn't fit
Sell Bitget live order book, 6 min ago2.01 bp11.8 bp −$1232.6 bp −$326doesn'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−0.0927%4h149.40+0.095%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.23−0.019%$98K$20K20xas long as short
Bitget ORCLUSDTshort0.0000%8h149.49+0.154%$7.7M$3.8M20x
SunX ORCL-USDT0.0000%8h149.66+0.268%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.50+0.161%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.45+0.127%$474K$54K10xas long as short
Lighter RH ORCL+0.0032%1h149.38+0.080%$623K$322K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.134%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.29+0.020%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.37+0.074%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCLlong+0.0050%1h149.26long leg$21.6M$6.9M10x
Polymarket Perps ORCL-USD+0.0050%1h149.32+0.040%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.40+0.094%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.19−0.047%$698K$894K10xas long as short
Nado ORCL-PERP+0.0059%1h149.22−0.028%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h149.35+0.060%$1.1M$2.0M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.32+0.040%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.37+0.074%$19010xas long as short
KuCoin ORCLUSDTM+0.0131%8h149.38+0.080%$240K$278K20xas long as short
GRVT ORCL_USDT_Perp+0.0162%8h149.43+0.114%$1K$162K10xas long as short
Variational Omni ORCL+0.0163%8h149.41+0.100%$1.2M$423Kas long as short
Gate ORCL_USDT+0.0220%8h149.47+0.141%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0243%8h149.49+0.154%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.40+0.096%$388K$1.4M10xas long as short
Binance ORCLUSDT+0.0259%8h149.42+0.107%$24.9M$36.9M20xas long as short
Phoenix ORCL+0.0429%1h149.28+0.013%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0576%8h149.44+0.121%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0590%8h149.40+0.094%$47K$44K20xas long as short