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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 11:00 UTC−0.0604%/8h= −66.2% APRpaid last 24h −0.115%
Price spread now: ApeX Omni against BloFin+0.033%7-day average · you sell dearer than you buy
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 7 days−0.102%−$10 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. ApeX Omni is 0.033% dearer against BloFin than usual: you sell high and buy low (spread +0.033% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$18 a day in funding at the current rate, which eats that in about 4 hours. At the pace of the last 7 days (−0.102% in total) that is about 2.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.102% in total (about -5.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.790.0704pay 0.0704% / 8h5h 43m$48K$43K20x
ShortApeX Omni ORACLEUSDT149.840.0100get 0.0013% / 1h43m 14s$22K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against BloFin. 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
−$126.89
Price spread: +0.033% → 0.000%
$3.34
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$145.55
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; ApeX Omni: live order book, 2 min ago. 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 BloFin no order-book sample
Sell ApeX Omni live order book, 2 min ago8.68 bp19.3 bp −$19166.4 bp −$1,664doesn't fitdoesn't fit
BloFin: 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 exchanges

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−0.0884%4h149.72−0.049%$28K$216K10xas long as short
Aster ORCLUSDT0.0000%8h149.56−0.153%$105K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.04+0.167%$3K$2.4M10xas long as short
Lighter ORCL+0.0032%1h149.87+0.053%$478K$59K10xas long as short
Bitget ORCLUSDT+0.0033%8h149.88+0.060%$7.7M$2.4M20xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.487%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.83+0.027%$37K25xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.64−0.100%$712K$859K10xas long as short
SoDEX ORCL-USD+0.0062%1h149.80+0.007%$30K$3K10xas long as short
QFEX ORCL-USD+0.0079%1h149.74−0.033%$1.1M$2.0M10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0090%1h149.73−0.040%$131K$69K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.790.000%$242K$439K20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.84+0.033%$22K$262K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.78−0.007%$19110xas long as short
Nado ORCL-PERP+0.0146%1h149.66−0.085%$88K$21K10xas long as short
HTX ORCL-USDT+0.0176%8h149.87+0.053%$52K$24K20xas long as short
Lighter RH ORCL+0.0224%1h149.82+0.020%$623K$294K10xas long as short
OKX ORCL-USDT-SWAP+0.0243%8h149.76−0.020%$5.0M$6.1M20xas long as short
tradeXYZ xyz:ORCL+0.0276%1h149.68−0.073%$21.9M$6.7M10xas long as short
Variational Omni ORCL+0.0296%8h149.69−0.069%$1.2M$393Kas long as short
Gate ORCL_USDT+0.0365%8h149.88+0.060%$2.3M$2.8M25xas long as short
Binance ORCLUSDT+0.0397%8h149.82+0.019%$25.3M$35.3M20xas long as short
Extended ORCL_24_5-USD+0.0400%1h149.77−0.015%$390K$2.1M10xas long as short
Arcus ORCL-USD+0.0445%1h149.68−0.073%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0633%8h149.84+0.031%$1K$136K10xas long as short
BloFin ORCL-USDTlong+0.0704%8h149.79long leg$48K$43K20x
Bybit ORCLUSDT+0.0727%8h149.83+0.027%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0749%1h149.73−0.040%$153K$72K10xas long as short