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−0.0630%/8h= −69.0% APRnext payment $6.30 per $10,000 · paid last 24h −0.114%
Price spread now: HTX against Bybit−0.060%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−0.251%−$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 −$19 a day on $10k at the current rate, and HTX is 0.060% cheaper against Bybit 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 current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.251% in total (about -13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about $6.30 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
LongBybit ORCLUSDT149.690.0630pay 0.0630% / 8h2h 09m$4.1M$1.8M50x
ShortHTX ORCL-USDT149.600get 0.0000% / 8h2h 09m$52K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX against Bybit. 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
−$132.31
Price spread: −0.060% → 0.000%
−$6.01
Slippage, 4 orders
no order book: not counted
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee HTX: 6 bp × 2 orders
−$12
Net
−$161.32
Costs to cover
0.230%
Break-even
never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; 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 Bybit live order book, 3 min ago1.00 bp12.0 bp −$1219.0 bp −$190doesn't fitdoesn't fit
Sell HTX no order-book sample
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−0.0737%4h149.43−0.171%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.46−0.154%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.690.000%$7.7M$3.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.76+0.047%$3K$2.7M10xas long as short
HTX ORCL-USDTshort0.0000%8h149.60−0.060%$52K$25K20x
Lighter ORCL+0.0032%1h149.60−0.060%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.61−0.053%$623K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.421%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.32−0.247%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.46−0.154%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.45−0.160%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.44−0.167%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.57−0.080%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.37−0.214%$694K$886K10xas long as short
QFEX ORCL-USD+0.0058%1h149.50−0.127%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0061%1h149.34−0.236%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.41−0.187%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.57−0.080%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0154%8h149.23−0.307%$1K$164K10xas long as short
Variational Omni ORCL+0.0191%8h149.50−0.124%$1.2M$423Kas long as short
KuCoin ORCLUSDTM+0.0228%8h149.46−0.154%$240K$285K20xas long as short
Gate ORCL_USDT+0.0249%8h149.65−0.027%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0280%8h149.62−0.047%$25.0M$35.8M20xas long as short
Extended ORCL_24_5-USD+0.0280%1h149.57−0.080%$388K$1.6M10xas long as short
OKX ORCL-USDT-SWAP+0.0303%8h149.65−0.027%$4.9M$6.0M20xas long as short
Phoenix ORCL+0.0428%1h149.37−0.214%$153K$75K10xas long as short
Bybit ORCLUSDTlong+0.0630%8h149.69long leg$4.1M$1.8M50x
BloFin ORCL-USDT+0.0651%8h149.56−0.087%$47K$43K20xas long as short