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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0695%/8h= −76.1% APRnext payment $6.95 per $10,000 · paid last 24h −0.004%
Price spread now: Bitget against BloFin−0.007%95s7-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 7 days−0.056%−$6 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$21 a day on $10k at the current rate. The two prices were read 95 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.056% in total (about -2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.95 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.900.0695pay 0.0695% / 8h3h 17m$47K$43K20x
ShortBitget ORCLUSDT149.890get 0.0000% / 8h3h 17m$7.7M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget 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
−$145.87
Price spread: −0.007% → 0.000%
−$0.67
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$170.54
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; Bitget: live order book, 6 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 Bitget live order book, 6 min ago2.34 bp13.9 bp −$1428.2 bp −$282doesn'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 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−0.0490%4h149.88−0.015%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.77−0.084%$94K$16K20xas long as short
Bitget ORCLUSDTshort0.0000%8h149.89−0.007%$7.7M$3.8M20x
SunX ORCL-USDT0.0000%8h149.97+0.047%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.85−0.033%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.79−0.073%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.78−0.080%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.560%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.70−0.133%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.80−0.067%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.65−0.167%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.68−0.147%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.75−0.100%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.67−0.153%$685K$773K10xas long as short
Nado ORCL-PERP+0.0062%1h149.68−0.148%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.76−0.093%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.77−0.087%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.72−0.120%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0206%8h149.91+0.009%$2K$177K10xas long as short
Variational Omni ORCL+0.0241%8h149.91+0.006%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0319%8h149.86−0.027%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0320%8h149.78−0.078%$25.2M$35.5M20xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.73−0.113%$388K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0353%8h149.78−0.080%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0370%8h149.86−0.027%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.79−0.073%$153K$75K10xas long as short
BloFin ORCL-USDTlong+0.0695%8h149.90long leg$47K$43K20x
Bybit ORCLUSDT+0.0699%8h149.82−0.053%$4.1M$1.8M50xas long as short