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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.065%
Price spread now: SoDEX against Binance−0.027%7-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 4 days (all we have)no history yet
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 −$4 a day on $10k at the current rate, and SoDEX is 0.027% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORCLUSDT148.820.0196pay 0.0196% / 8h7h 20m$25.1M$36.2M20x
ShortSoDEX ORCL-USD148.780.0050get 0.0006% / 1h20m 46s$30K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX against Binance. 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
−$30.74
Price spread: −0.027% → 0.000%
−$2.74
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$51.48
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Binance: live order book, 6 min ago; SoDEX: 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 Binance live order book, 6 min ago0.67 bp8.0 bp −$819.1 bp −$19193.8 bp −$9,376doesn't fit
Sell SoDEX no order-book sample
SoDEX: 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−0.0881%4h148.55−0.185%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.69−0.089%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.92+0.067%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.57−0.170%$1K$148K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.127%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.67−0.101%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.80−0.014%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.81−0.007%$603K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.161%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.70−0.081%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.64−0.122%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.62−0.135%$130K$70K10xas long as short
SoDEX ORCL-USDshort+0.0050%1h148.78−0.027%$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h148.22−0.404%$711K$837K10xas long as short
Nado ORCL-PERP+0.0059%1h148.64−0.121%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.76−0.041%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0089%1h148.69−0.088%$21.7M$6.8M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.66−0.108%$240K$327K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.53−0.195%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.72−0.068%$18910xas long as short
Variational Omni ORCL+0.0112%8h148.82+0.002%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0188%8h148.85+0.020%$4.9M$5.9M20xas long as short
Binance ORCLUSDTlong+0.0196%8h148.82long leg$25.1M$36.2M20x
Extended ORCL_24_5-USD+0.0200%1h148.77−0.035%$386K$2.1M10xas long as short
Gate ORCL_USDT+0.0315%8h148.95+0.087%$2.3M$2.9M25xas long as short
BloFin ORCL-USDT+0.0432%8h148.71−0.074%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0447%8h148.86+0.026%$4.1M$1.8M50xas long as short
Phoenix ORCL+0.0537%1h148.35−0.316%$152K$73K10xas long as short