Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0757%/8h= −82.9% APRpaid last 24h −0.270%

Price spread now: edgeX against Bitget−0.016%7-day average −0.051% · you buy dearer than you sell

Net, funding: paid 7d − costs−$183as in the Funding arb table

Net, price: spread back to 7d avg − costs−$44as in the Price arb table

costs, in and out, $10k−$480.477% of the position

Long on Bitget Short on edgeX

What this pair did over the last

the charts below follow

Funding, last 7 days−1.353%−$135 on $10k

Price spread, last 4 days (all we have)+0.121%+$12 · spread now −0.016%, 7d avg −0.051%

Together, before fees−1.232%+ Points / potential airdropedgeX: Active · farm board−$123 on $10k · with fees, hour by hour

The price spread pays, funding is against you. edgeX is 0.035% dearer against Bitget than usual: you sell high and buy low (spread −0.016% now, against its 7-day average of −0.051%): +$4 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 4 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bitget ORCLUSDT	149.55	0	get 0.0000% / 8h	2h 47m	$7.7M	$3.8M	20x
Short	edgeX ORCLUSDC	149.53	−0.0757	pay 0.0379% / 4h	2h 47m	$28K	$214K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

edgeX against Bitget. 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 BitgetbpFee edgeXbpOrdersPrice spread, now −0.016%Rate

Funding earned: −$159.02
Price spread: −0.016% → −0.051%: $3.51
Slippage, 4 orders: −$26.72
Fee Bitget: 6 bp × 2 orders: −$12
Fee edgeX: 4.5 bp × 2 orders: −$9
Net: −$203.23
Costs to cover: 0.477%
Break-even: never at this rate

Slippage from Bitget: live order book, 1 min ago; edgeX: live order book, 65 min ago.

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 Bitget live order book, 1 min ago	1.00 bp	14.8 bp −$15	28.3 bp −$283	doesn't fit	doesn't fit
Sell edgeX live order book, 65 min ago	5.68 bp	10.5 bp −$11	18.4 bp −$184	doesn't fit	doesn't fit

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 ORCLUSDCshort	−0.0757%	4h	149.53	−0.016%	$28K	$214K	10x
Aster ORCLUSDT	0.0000%	8h	149.57	+0.011%	$94K	$16K	20x	as long as short
Bitget ORCLUSDTlong	0.0000%	8h	149.55	long leg	$7.7M	$3.8M	20x
SunX ORCL-USDT	0.0000%	8h	149.68	+0.087%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.63	+0.053%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.50	−0.033%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.43	−0.080%	$623K	$317K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.328%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.48	−0.047%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.55	0.000%	—	$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	149.36	−0.127%	$21.6M	$6.9M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.42	−0.087%	$131K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.43	−0.080%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.30	−0.167%	$711K	$789K	10x	as long as short
QFEX ORCL-USD	+0.0058%	1h	149.48	−0.047%	$1.1M	$2.1M	10x	as long as short
Nado ORCL-PERP	+0.0062%	1h	149.37	−0.118%	$88K	$22K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.54	−0.007%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.44	−0.074%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0185%	8h	149.64	+0.063%	$1K	$175K	10x	as long as short
Variational Omni ORCL	+0.0225%	8h	149.69	+0.093%	$1.3M	$363K	—	as long as short
Binance ORCLUSDT	+0.0302%	8h	149.44	−0.074%	$25.1M	$35.7M	20x	as long as short
Extended ORCL_24_5-USD	+0.0304%	1h	149.40	−0.101%	$388K	$1.5M	10x	as long as short
KuCoin ORCLUSDTM	+0.0311%	8h	149.56	+0.007%	$262K	$279K	20x	as long as short
Gate ORCL_USDT	+0.0322%	8h	149.55	0.000%	$2.3M	$3.0M	25x	as long as short
OKX ORCL-USDT-SWAP	+0.0339%	8h	149.46	−0.060%	$5.0M	$5.9M	20x	as long as short
Phoenix ORCL	+0.0428%	1h	149.44	−0.074%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0664%	8h	149.53	−0.013%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0681%	8h	149.65	+0.067%	$47K	$43K	20x	as long as short