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−0.0656%/8h= −71.8% APRnext payment $6.56 per $10,000 · paid last 24h −0.115%
Price spread now: SunX against BloFin+0.107%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−0.248%−$25 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. SunX is 0.107% dearer against BloFin than usual: you sell high and buy low (spread +0.107% now, against zero (this spread has no 7-day history yet)): +$11 on $10k if it goes back. Holding the pair costs −$20 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.248% in total) that is about 3.0 days.
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 $6.56 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-USDT149.860.0656pay 0.0656% / 8h3h 04m$47K$43K20x
ShortSunX ORCL-USDT150.020get 0.0000% / 8h3h 04m$2K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$137.67
Price spread: +0.107% → 0.000%
$10.68
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$146.99
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 3 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 SunX live order book, 3 min ago30.34 bpdoesn't fitdoesn't fitdoesn'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−0.0308%4h149.63−0.153%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.84−0.014%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.89+0.020%$7.7M$3.8M20xas long as short
SunX ORCL-USDTshort0.0000%8h150.02+0.107%$2K$2.7M10x
HTX ORCL-USDT0.0000%8h149.82−0.027%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.83−0.020%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.80−0.040%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.534%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.67−0.127%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.78−0.053%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.64−0.147%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.71−0.100%$131K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.76−0.067%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.56−0.200%$704K$797K10xas long as short
QFEX ORCL-USD+0.0067%1h149.78−0.053%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0069%1h149.66−0.134%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.74−0.080%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.75−0.073%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0191%8h149.74−0.079%$1K$175K10xas long as short
Variational Omni ORCL+0.0234%8h149.82−0.028%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0312%1h149.79−0.046%$388K$1.1M10xas long as short
Binance ORCLUSDT+0.0313%8h149.83−0.020%$25.1M$35.6M20xas long as short
Gate ORCL_USDT+0.0328%8h149.87+0.007%$2.3M$3.0M25xas long as short
KuCoin ORCLUSDTM+0.0332%8h149.80−0.040%$261K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0354%8h149.82−0.027%$5.0M$5.9M20xas long as short
Phoenix ORCL+0.0535%1h149.59−0.180%$153K$75K10xas long as short
BloFin ORCL-USDTlong+0.0656%8h149.86long leg$47K$43K20x
Bybit ORCLUSDT+0.0681%8h149.90+0.027%$4.1M$1.8M50xas long as short