Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC−0.0046%/8h= −5.0% APRpaid last 24h −0.014%

Price spread now: SunX against Vest+0.120%7-day average — · you sell dearer than you buy

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

Long on Vest Short on SunX

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—+ Points / potential airdropVest: Active · farm boardneeds both histories

The price spread pays, funding is against you. SunX is 0.120% dearer against Vest than usual: you sell high and buy low (spread +0.120% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$1 a day in funding at the current rate, which eats that in about 8.8 days.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest ORCL-USD-PERP	149.45	0.0046	pay 0.0006% / 1h	40m 57s	—	$67K	25x
Short	SunX ORCL-USDT	149.63	0	get 0.0000% / 8h	1h 40m	$3K	$2.7M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Vest. 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 VestbpFee SunXbpOrdersPrice spread, now +0.120%Rate

Funding earned: −$9.59
Price spread: +0.120% → 0.000%: $12.04
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee SunX: 4 bp × 2 orders: −$8
Net: −$7.55
Costs to cover: 0.100%
Break-even: from the start

Slippage unknown: Vest: no order-book sample; SunX: live order book, 7 min ago. 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 Vest no order-book sample	—	—	—	—	—
Sell SunX live order book, 7 min ago	29.73 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

Vest: 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	−0.0291%	4h	149.41	−0.025%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.32	−0.089%	$98K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.50	+0.033%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDTshort	0.0000%	8h	149.63	+0.120%	$3K	$2.7M	10x
HTX ORCL-USDT	0.0000%	8h	149.57	+0.080%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.52	+0.047%	$475K	$51K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.261%	$20K	$9K	12x	as long as short
Lighter RH ORCL	+0.0040%	1h	149.43	−0.013%	$623K	$322K	10x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.35	−0.067%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERPlong	+0.0046%	1h	149.45	long leg	—	$67K	25x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0050%	1h	149.36	−0.060%	$131K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.39	−0.040%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.27	−0.120%	$699K	$894K	10x	as long as short
QFEX ORCL-USD	+0.0065%	1h	149.40	−0.033%	$1.1M	$2.0M	10x	as long as short
tradeXYZ xyz:ORCL	+0.0067%	1h	149.27	−0.120%	$21.6M	$6.9M	10x	as long as short
Nado ORCL-PERP	+0.0070%	1h	149.35	−0.065%	$88K	$22K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.27	−0.120%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.36	−0.060%	$190	—	10x	as long as short
KuCoin ORCLUSDTM	+0.0170%	8h	149.37	−0.054%	$240K	$281K	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0172%	8h	149.42	−0.020%	$1K	$163K	10x	as long as short
Variational Omni ORCL	+0.0175%	8h	149.40	−0.034%	$1.2M	$423K	—	as long as short
Gate ORCL_USDT	+0.0243%	8h	149.47	+0.013%	$2.3M	$3.0M	25x	as long as short
Extended ORCL_24_5-USD	+0.0264%	1h	149.38	−0.048%	$388K	$1.6M	10x	as long as short
Binance ORCLUSDT	+0.0267%	8h	149.43	−0.012%	$24.9M	$36.8M	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0267%	8h	149.45	0.000%	$4.9M	$6.0M	20x	as long as short
Phoenix ORCL	+0.0429%	1h	149.37	−0.054%	$153K	$75K	10x	as long as short
BloFin ORCL-USDT	+0.0580%	8h	149.40	−0.033%	$47K	$44K	20x	as long as short
Bybit ORCLUSDT	+0.0601%	8h	149.45	0.000%	$4.1M	$1.9M	50x	as long as short