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−0.0774%/8h= −84.8% APRnext payment $7.74 per $10,000 · paid last 24h −0.115%
Price spread now: HTX against BloFin−0.093%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 7 days−0.248%−$25 on $10k
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 −$23 a day on $10k at the current rate, and HTX is 0.093% cheaper against BloFin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.248% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about $7.74 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-USDT149.930.0774pay 0.0774% / 8h4h 34m$47K$43K20x
ShortHTX ORCL-USDT149.790get 0.0000% / 8h4h 34m$52K$24K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$162.6
Price spread: −0.093% → 0.000%
−$9.34
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee HTX: 6 bp × 2 orders
−$12
Net
−$195.94
Costs to cover
0.240%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; HTX: 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 HTX no order-book sample
BloFin and HTX: 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−0.0373%4h149.69−0.161%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.61−0.213%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.05+0.080%$3K$2.7M10xas long as short
HTX ORCL-USDTshort0.0000%8h149.79−0.093%$52K$24K20x
Lighter ORCL+0.0032%1h149.79−0.093%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.78−0.100%$625K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.580%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.66−0.180%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.74−0.127%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.70−0.153%$131K$90K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.78−0.100%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.61−0.213%$703K$718K10xas long as short
Bitget ORCLUSDT+0.0053%8h149.82−0.073%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0062%1h149.60−0.222%$91K$20K10xas long as short
tradeXYZ xyz:ORCL+0.0068%1h149.68−0.167%$21.6M$6.8M10xas long as short
QFEX ORCL-USD+0.0080%1h149.78−0.100%$1.1M$2.3M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.75−0.120%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.74−0.127%$19010xas long as short
Gate ORCL_USDT+0.0195%8h149.85−0.053%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0243%8h149.78−0.098%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0262%8h149.75−0.119%$2K$177K10xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.78−0.098%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0320%8h149.82−0.073%$25.1M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0384%8h149.75−0.120%$262K$275K20xas long as short
OKX ORCL-USDT-SWAP+0.0402%8h149.79−0.093%$5.0M$5.7M20xas long as short
Phoenix ORCL+0.0481%1h149.60−0.220%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0760%8h149.930.000%$4.1M$1.8M50xas long as short
BloFin ORCL-USDTlong+0.0774%8h149.93long leg$47K$43K20x