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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0178%/8h= −19.5% APRpaid last 24h −0.067%
Price spread now: Arcus against BloFin−0.146%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 −$5 a day on $10k at the current rate, and Arcus is 0.146% cheaper against BloFin than usual: you would sell low and buy high (−$15 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT150.590.0624pay 0.0624% / 8h4h 43m$48K$43K20x
ShortArcus ORCL-USD150.370.0446get 0.0056% / 1h43m 17s$87K$71K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Arcus 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
−$37.36
Price spread: −0.146% → 0.000%
−$14.61
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Arcus: 2.25 bp × 2 orders
−$4.5
Net
−$68.47
Costs to cover
0.165%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Arcus: 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 BloFin no order-book sample
Sell Arcus no order-book sample
BloFin and Arcus: 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−0.0800%4h150.34−0.167%$28K$217K10xas long as short
Aster ORCLUSDT0.0000%8h150.58−0.008%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.70+0.073%$2K$2.3M10xas long as short
Nado ORCL-PERP+0.0022%1h150.43−0.106%$89K$5K10xas long as short
Lighter ORCL+0.0032%1h150.56−0.020%$481K$60K10xas long as short
Lighter RH ORCL+0.0032%1h150.50−0.060%$621K$298K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−1.016%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.57−0.013%25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.40−0.126%$22.0M$6.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.40−0.126%$77K$152K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h150.45−0.093%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h150.33−0.173%$697K$888K10xas long as short
HTX ORCL-USDT+0.0055%8h150.43−0.106%$52K$18K20xas long as short
QFEX ORCL-USD+0.0070%1h150.47−0.080%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.44−0.100%$243K$509K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.44−0.100%$23K$261K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h150.40−0.126%$19110xas long as short
OKX ORCL-USDT-SWAP+0.0221%8h150.49−0.066%$5.0M$6.2M20xas long as short
Gate ORCL_USDT+0.0233%8h150.58−0.007%$2.3M$2.8M25xas long as short
Bitget ORCLUSDT+0.0254%8h150.57−0.013%$7.8M$2.4M20xas long as short
Variational Omni ORCL+0.0329%8h150.25−0.228%$1.2M$363Kas long as short
Binance ORCLUSDT+0.0431%8h150.50−0.060%$25.5M$35.6M20xas long as short
Extended ORCL_24_5-USD+0.0432%1h150.41−0.116%$392K$2.5M10xas long as short
Arcus ORCL-USDshort+0.0446%1h150.37−0.146%$87K$71K10x
GRVT ORCL_USDT_Perp+0.0528%8h150.44−0.100%$2K$138K10xas long as short
BloFin ORCL-USDTlong+0.0624%8h150.59long leg$48K$43K20x
Bybit ORCLUSDT+0.0642%8h150.55−0.027%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0692%1h150.26−0.219%$154K$85K10xas long as short