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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0984%/8h= −107.7% APRpaid last 24h −0.163%
Price spread now: edgeX against ApeX Omni−0.083%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costs−$70as in the Price arb table
costs, in and out, $10k−$590.594% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.366%−$137 on $10k
Price spread, last 4 days (all we have)+0.085%+$8 · spread now −0.083%, 7d avg +0.022%
Together, before fees−1.281%+ Points / potential airdropedgeX: Active · farm board−$128 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and edgeX is 0.104% cheaper against ApeX Omni than usual: you would sell low and buy high (−$10 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ORACLEUSDT149.840.0100pay 0.0013% / 1h43m 21s$22K$262K50x
ShortedgeX ORCLUSDC149.72−0.0884pay 0.0442% / 4h1h 43m$28K$216K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against ApeX 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
−$206.56
Price spread: −0.083% → +0.022%
−$10.45
Slippage, 4 orders
−$40.45
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$276.46
Costs to cover
0.594%
Break-even
never at this rate
Slippage from ApeX Omni: live order book, 2 min ago; edgeX: live order book, 2 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 ApeX Omni live order book, 2 min ago8.68 bp19.1 bp −$19185.0 bp −$1,850doesn't fitdoesn't fit
Sell edgeX live order book, 2 min ago4.01 bp12.1 bp −$1219.3 bp −$193doesn't fitdoesn't fit

ORCL on 28 exchanges

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−0.0884%4h149.72−0.083%$28K$216K10x
Aster ORCLUSDT0.0000%8h149.56−0.190%$105K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.06+0.147%$3K$2.4M10xas long as short
Lighter ORCL+0.0032%1h149.81−0.020%$478K$59K10xas long as short
Bitget ORCLUSDT+0.0033%8h149.88+0.027%$7.7M$2.4M20xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.521%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.83−0.007%$37K25xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.64−0.133%$712K$859K10xas long as short
QFEX ORCL-USD+0.0079%1h149.74−0.067%$1.1M$2.0M10xas long as short
Polymarket Perps ORCL-USD+0.0090%1h149.73−0.073%$131K$69K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0091%1h149.81−0.020%$30K$3K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.78−0.040%$242K$439K20xas long as short
ApeX Omni ORACLEUSDTlong+0.0100%1h149.84long leg$22K$262K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.78−0.040%$19110xas long as short
Nado ORCL-PERP+0.0146%1h149.66−0.118%$88K$21K10xas long as short
HTX ORCL-USDT+0.0171%8h149.87+0.020%$52K$24K20xas long as short
Lighter RH ORCL+0.0224%1h149.79−0.033%$623K$294K10xas long as short
OKX ORCL-USDT-SWAP+0.0243%8h149.76−0.053%$5.0M$6.1M20xas long as short
tradeXYZ xyz:ORCL+0.0276%1h149.68−0.107%$21.9M$6.7M10xas long as short
Variational Omni ORCL+0.0296%8h149.69−0.102%$1.2M$393Kas long as short
Gate ORCL_USDT+0.0365%8h149.88+0.027%$2.3M$2.8M25xas long as short
Binance ORCLUSDT+0.0397%8h149.81−0.018%$25.3M$35.3M20xas long as short
Extended ORCL_24_5-USD+0.0400%1h149.77−0.048%$390K$2.1M10xas long as short
Arcus ORCL-USD+0.0445%1h149.68−0.107%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0633%8h149.84−0.002%$1K$136K10xas long as short
BloFin ORCL-USDT+0.0723%8h149.86+0.013%$48K$44K20xas long as short
Bybit ORCLUSDT+0.0727%8h149.83−0.007%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0749%1h149.73−0.073%$153K$72K10xas long as short