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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.090%
Price spread now: tradeXYZ against Bitget−0.147%7-day average −0.143% · you buy dearer than you sell
Net, funding: paid 7d − costs−$56as in the Funding arb table
Net, price: spread back to 7d avg − costs−$48as in the Price arb table
costs, in and out, $10k−$470.472% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.084%−$8 on $10k
Price spread, last 7 days+0.045%+$5 · spread now −0.147%, 7d avg −0.143%
Together, before fees−0.039%+ Points / potential airdroptradeXYZ: Active · farm board−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.143%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.084%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORCLUSDT149.530get 0.0000% / 8h3h 38m$7.7M$3.8M20x
ShorttradeXYZ xyz:ORCL149.310.0050get 0.0006% / 1h38m 16s$21.6M$6.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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

Funding earned
$10.5
Price spread: −0.147% → −0.143%
−$0.38
Slippage, 4 orders
−$17.18
Fee Bitget: 6 bp × 2 orders
−$12
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$37.05
Costs to cover
0.472%
Break-even
31.7 days
Slippage from Bitget: live order book, 5 min ago; tradeXYZ: live order book, 11 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 5 min ago1.34 bp13.8 bp −$1421.3 bp −$213doesn't fitdoesn't fit
Sell tradeXYZ live order book, 11 min ago0.67 bp11.6 bp −$1215.3 bp −$153doesn't fitdoesn't fit

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−0.0948%4h149.56+0.017%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.34−0.129%$94K$16K20xas long as short
Bitget ORCLUSDTlong0.0000%8h149.53long leg$7.7M$3.8M20x
SunX ORCL-USDT0.0000%8h149.66+0.087%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.52−0.007%$52K$24K20xas long as short
Nado ORCL-PERP+0.0025%1h149.35−0.119%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.49−0.027%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.42−0.074%$623K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.314%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.43−0.067%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.47−0.040%$67K25xas long as short
tradeXYZ xyz:ORCLshort+0.0050%1h149.31−0.147%$21.6M$6.8M10x
Polymarket Perps ORCL-USD+0.0050%1h149.38−0.100%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.42−0.074%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.55+0.013%$703K$724K10xas long as short
QFEX ORCL-USD+0.0067%1h149.38−0.100%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.57+0.027%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.40−0.087%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0210%8h149.53+0.002%$2K$177K10xas long as short
Variational Omni ORCL+0.0242%8h149.52−0.004%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0292%8h149.49−0.027%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0317%8h149.42−0.074%$25.1M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.38−0.098%$388K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0355%8h149.55+0.013%$262K$278K20xas long as short
OKX ORCL-USDT-SWAP+0.0384%8h149.49−0.027%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.57+0.027%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0709%8h149.49−0.027%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0721%8h149.61+0.054%$47K$43K20xas long as short