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−0.0067%/8h= −7.3% APRnext payment $0.08 per $10,000 · paid last 24h −0.006%
Price spread now: Injective against ApeX Omni−0.161%108s7-day average · 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 7 days−0.088%−$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Injective is 0.161% cheaper against ApeX Omni than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 108 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongApeX Omni ORACLEUSDT149.300.0100pay 0.0013% / 1h39m 32s$22K$263K50x
ShortInjective ORCL/USDC PERP149.060.0033get 0.0004% / 1h39m 32s$20K$9K12x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Injective 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
−$14
Price spread: −0.161% → 0.000%
−$16.08
Slippage, 4 orders
no order book: not counted
Fee ApeX Omni: 5 bp × 2 orders
−$10
Fee Injective: 0.01 bp × 2 orders
−$0.02
Net
−$40.1
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: ApeX Omni: live order book, 2 min ago; Injective: 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
LegHalf-spread$10k$100k$1M$5M
Buy ApeX Omni live order book, 2 min ago9.37 bp20.6 bp −$21191.0 bp −$1,910doesn't fitdoesn't fit
Sell Injective no order-book sample
Injective: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0446%4h149.40+0.070%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.20−0.064%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.44+0.094%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.55+0.167%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.57+0.181%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.37+0.047%$475K$52K10xas long as short
Lighter RH ORCL+0.0032%1h149.32+0.013%$622K$322K10xas long as short
Injective ORCL/USDC PERPshort+0.0033%1h149.06−0.161%$20K$9K12x
Arcus ORCL-USD+0.0040%1h149.31+0.007%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.41+0.074%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.24−0.040%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.34+0.027%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.21−0.060%$699K$894K10xas long as short
tradeXYZ xyz:ORCL+0.0056%1h149.17−0.087%$21.6M$6.9M10xas long as short
QFEX ORCL-USD+0.0065%1h149.33+0.020%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0071%1h149.22−0.056%$88K$22K10xas long as short
ApeX Omni ORACLEUSDTlong+0.0100%1h149.30long leg$22K$263K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.29−0.007%$19010xas long as short
KuCoin ORCLUSDTM+0.0165%8h149.36+0.040%$240K$281K20xas long as short
GRVT ORCL_USDT_Perp+0.0169%8h149.42+0.082%$1K$163K10xas long as short
Variational Omni ORCL+0.0175%8h149.40+0.066%$1.2M$423Kas long as short
Gate ORCL_USDT+0.0241%8h149.40+0.067%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.29−0.009%$388K$1.6M10xas long as short
OKX ORCL-USDT-SWAP+0.0264%8h149.33+0.020%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0265%8h149.30+0.001%$24.9M$36.8M20xas long as short
Phoenix ORCL+0.0429%1h149.35+0.033%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0580%8h149.40+0.067%$47K$44K20xas long as short
Bybit ORCLUSDT+0.0597%8h149.34+0.027%$4.1M$1.9M50xas long as short