Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 21:00 UTC+0.0045%/8h= +4.9% APRpaid last 24h +0.051%

Price spread now: Extended against Aster−0.079%7-day average — · you buy dearer than you sell

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

Long on Aster Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.150%+$15 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · Extended: Active · farm boardneeds both histories

Funding pays, the price is against you. Extended is 0.079% cheaper against Aster than usual: you would sell low and buy high (spread −0.079% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 5.9 days of funding at the current rate (+$1 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ORCLUSDT	148.75	0.0043	pay 0.0043% / 8h	3h 30m	$93K	$16K	20x
Short	Extended ORCL_24_5-USD	148.63	0.0088	get 0.0011% / 1h	30m 13s	$385K	$1.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended against Aster. 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 AsterbpFee ExtendedbpOrdersPrice spread, now −0.079%Rate

Funding earned: $9.37
Price spread: −0.079% → 0.000%: −$7.9
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: −$11.53
Costs to cover: 0.130%
Break-even: 15.6 days

Slippage unknown: Aster: no order-book sample; Extended: live order book, 4 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 Aster no order-book sample	—	—	—	—	—
Sell Extended live order book, 4 min ago	1.35 bp	8.0 bp −$8	40.1 bp −$401	doesn't fit	doesn't fit

Aster: 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	−0.0336%	4h	148.61	−0.095%	$28K	$214K	10x	as long as short
Gate ORCL_USDT	0.0000%	8h	148.63	−0.081%	$2.2M	$3.1M	25x	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.59	−0.107%	$2K	$203K	10x	as long as short
SunX ORCL-USDT	0.0000%	8h	148.84	+0.061%	$3K	$2.9M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	148.72	−0.020%	$52K	$22K	20x	as long as short
Variational Omni ORCL	+0.0015%	8h	148.60	−0.099%	$1.3M	$221K	—	as long as short
Lighter ORCL	+0.0032%	1h	148.68	−0.047%	$471K	$52K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	148.64	−0.074%	$621K	$467K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.209%	$20K	$14K	12x	as long as short
Aster ORCLUSDTlong	+0.0043%	8h	148.75	long leg	$93K	$16K	20x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ORCL-USD-PERP	+0.0046%	1h	148.55	−0.134%	—	$127K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	148.54	−0.141%	$21.5M	$8.7M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.55	−0.134%	$130K	$122K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	148.62	−0.087%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.39	−0.242%	$736K	$626K	10x	as long as short
QFEX ORCL-USD	+0.0061%	1h	148.59	−0.107%	$1.1M	$2.7M	10x	as long as short
Extended ORCL_24_5-USDshort	+0.0088%	1h	148.63	−0.079%	$385K	$1.4M	10x
Binance ORCLUSDT	+0.0091%	8h	148.65	−0.069%	$24.8M	$36.0M	20x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	148.69	−0.040%	$258K	$171K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.63	−0.081%	$22K	$268K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.62	−0.087%	$189	—	10x	as long as short
Nado ORCL-PERP	+0.0102%	1h	148.47	−0.187%	$92K	$19K	10x	as long as short
OKX ORCL-USDT-SWAP	+0.0222%	8h	148.65	−0.067%	$4.7M	$5.7M	20x	as long as short
Arcus ORCL-USD	+0.0276%	1h	148.57	−0.121%	$78K	$81K	10x	as long as short
Bitget ORCLUSDT	+0.0442%	8h	148.66	−0.060%	$7.4M	$4.9M	20x	as long as short
Bybit ORCLUSDT	+0.0490%	8h	148.71	−0.027%	$3.5M	$1.6M	50x	as long as short
BloFin ORCL-USDT	+0.0520%	8h	148.73	−0.013%	$47K	$53K	20x	as long as short
Phoenix ORCL	+0.0538%	1h	148.52	−0.154%	$149K	$100K	10x	as long as short