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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0504%/8h= −55.2% APRpaid last 24h −0.100%
Price spread now: SoDEX against BloFin−0.060%56s7-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 3 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 −$15 a day on $10k at the current rate, and SoDEX is 0.060% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.480.0554pay 0.0554% / 8h5h 25m$47K$43K20x
ShortSoDEX ORCL-USD149.390.0050get 0.0006% / 1h25m 46s$30K$3K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SoDEX 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
−$105.81
Price spread: −0.060% → 0.000%
−$6.02
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SoDEX: 4 bp × 2 orders
−$8
Net
−$131.83
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SoDEX: 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 SoDEX no order-book sample
BloFin and SoDEX: 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−0.0481%4h149.45−0.019%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.23−0.167%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.64+0.107%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32−0.107%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.39−0.060%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.34−0.094%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.281%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.31−0.114%$87K$79K10xas long as short
Bitget ORCLUSDT+0.0041%8h149.47−0.007%$7.7M$4.0M20xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.42−0.040%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.27−0.140%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.34−0.094%$131K$90K10xas long as short
SoDEX ORCL-USDshort+0.0050%1h149.39−0.060%$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h149.24−0.161%$698K$723K10xas long as short
Gate ORCL_USDT+0.0056%8h149.49+0.007%$2.3M$2.9M25xas long as short
QFEX ORCL-USD+0.0059%1h149.36−0.080%$1.1M$2.6M10xas long as short
Nado ORCL-PERP+0.0070%1h149.19−0.191%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.39−0.060%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.38−0.067%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0154%8h149.39−0.061%$2K$179K10xas long as short
Variational Omni ORCL+0.0184%8h149.41−0.044%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0253%8h149.45−0.020%$24.9M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.41−0.045%$387K$1.3M10xas long as short
OKX ORCL-USDT-SWAP+0.0337%8h149.47−0.007%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTM+0.0340%8h149.54+0.040%$260K$268K20xas long as short
Phoenix ORCL+0.0536%1h149.27−0.140%$153K$75K10xas long as short
BloFin ORCL-USDTlong+0.0554%8h149.48long leg$47K$43K20x
Bybit ORCLUSDT+0.0555%8h149.54+0.040%$3.7M$1.5M50xas long as short