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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0617%/8h= −67.6% APRpaid last 24h −0.188%
Price spread now: edgeX against Variational Omni−0.052%7-day average 0.000% · 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 4 days (all we have)−0.596%−$60 on $10k
Price spread, last 4 days (all we have)+0.040%+$4 · spread now −0.052%, 7d avg 0.000%
Together, before fees−0.556%+ Points / potential airdropVariational Omni: Active · edgeX: Active · farm board−$56 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and edgeX is 0.052% cheaper against Variational Omni than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of 0.000%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORCL148.990.0177pay 0.0177% / 8h7h 46m$1.2M$428K
ShortedgeX ORCLUSDC148.91−0.0440pay 0.0220% / 4h3h 46m$28K$215K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against Variational Omni. 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
−$129.58
Price spread: −0.052% → 0.000%
−$5.18
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$143.76
Costs to cover
0.090%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; edgeX: live order book, 50 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 Variational Omni RFQ quote, 2 min ago4.47 bpdoesn't fit40.1 bp −$401doesn't fitdoesn't fit
Sell edgeX live order book, 50 min ago6.03 bp11.1 bp −$1118.6 bp −$186doesn'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 ORCLUSDCshort−0.0440%4h148.91−0.052%$28K$215K10x
Aster ORCLUSDT0.0000%8h148.94−0.028%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.80−0.124%$7.7M$2.7M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h149.00+0.007%$1K$152K10xas long as short
SunX ORCL-USDT0.0000%8h149.16+0.117%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h149.07+0.057%$52K$25K20xas long as short
Nado ORCL-PERP+0.0026%1h148.72−0.179%$88K$22K10xas long as short
Lighter ORCL+0.0032%1h148.76−0.151%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.79−0.131%$603K$314K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.050%$20K$9K12xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Arcus ORCL-USD+0.0040%1h148.81−0.118%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.91−0.051%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.70−0.192%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.69−0.198%$130K$80K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.78−0.138%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.70−0.192%$709K$871K10xas long as short
QFEX ORCL-USD+0.0065%1h148.95−0.024%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.84−0.098%$240K$299K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.01+0.016%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.91−0.051%$18910xas long as short
Gate ORCL_USDT+0.0120%8h148.89−0.064%$2.3M$2.9M25xas long as short
Variational Omni ORCLlong+0.0177%8h148.99long leg$1.2M$428K
OKX ORCL-USDT-SWAP+0.0210%8h148.75−0.158%$4.9M$5.8M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h148.74−0.164%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0265%8h148.78−0.138%$25.0M$36.3M20xas long as short
Phoenix ORCL+0.0537%1h148.85−0.091%$152K$73K10xas long as short
Bybit ORCLUSDT+0.0621%8h148.81−0.118%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0625%8h149.10+0.077%$48K$44K20xas long as short