Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC+0.0056%/8h= +6.1% APRpaid last 24h +0.015%

Price spread now: Nado against Aster−0.113%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 Nado

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 airdropAster: Stage 5 · Nado: Active · farm boardneeds both histories

Funding pays, the price is against you. Nado is 0.113% cheaper against Aster than usual: you would sell low and buy high (spread −0.113% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 6.8 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ORCLUSDT	149.03	0	get 0.0000% / 8h	2h 24m	$97K	$20K	20x
Short	Nado ORCL-PERP	148.86	0.0056	get 0.0007% / 1h	24m 36s	$88K	$22K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Nado 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 NadobpOrdersPrice spread, now −0.113%Rate

Funding earned: $11.67
Price spread: −0.113% → 0.000%: −$11.34
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Nado: 3.5 bp × 2 orders: −$7
Net: −$14.67
Costs to cover: 0.150%
Break-even: 15.8 days

Slippage unknown: Aster: no order-book sample; Nado: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy Aster no order-book sample	—	—	—	—	—
Sell Nado no order-book sample	—	—	—	—	—

Aster and Nado: 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	−0.0588%	4h	148.82	−0.139%	$28K	$213K	10x	as long as short
Aster ORCLUSDTlong	0.0000%	8h	149.03	long leg	$97K	$20K	20x
Bitget ORCLUSDT	0.0000%	8h	149.06	+0.020%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.13	+0.067%	$2K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.23	+0.134%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.01	−0.013%	$472K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	148.96	−0.047%	$621K	$317K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.020%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	148.85	−0.121%	$86K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.01	−0.013%	—	$67K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ORCL	+0.0050%	1h	148.86	−0.114%	$21.5M	$6.9M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.90	−0.087%	$130K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	148.91	−0.081%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.88	−0.101%	$687K	$878K	10x	as long as short
Nado ORCL-PERPshort	+0.0056%	1h	148.86	−0.113%	$88K	$22K	10x
QFEX ORCL-USD	+0.0058%	1h	149.00	−0.020%	$1.1M	$2.1M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.85	−0.121%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.90	−0.087%	$189	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0158%	8h	149.03	0.000%	$1K	$175K	10x	as long as short
Variational Omni ORCL	+0.0187%	8h	148.89	−0.094%	$1.2M	$416K	—	as long as short
Gate ORCL_USDT	+0.0257%	8h	149.04	+0.007%	$2.3M	$3.0M	25x	as long as short
KuCoin ORCLUSDTM	+0.0259%	8h	149.03	0.000%	$240K	$287K	20x	as long as short
Binance ORCLUSDT	+0.0268%	8h	149.01	−0.017%	$25.0M	$35.8M	20x	as long as short
Extended ORCL_24_5-USD	+0.0272%	1h	148.94	−0.061%	$388K	$1.6M	10x	as long as short
OKX ORCL-USDT-SWAP	+0.0303%	8h	149.03	0.000%	$4.9M	$6.0M	20x	as long as short
Phoenix ORCL	+0.0428%	1h	148.84	−0.127%	$152K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0623%	8h	149.04	+0.007%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0653%	8h	149.03	0.000%	$47K	$43K	20x	as long as short