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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.1068%/8h= +117.0% APRpaid last 24h +0.210%
Price spread now: OKX against edgeX+0.205%51s7-day average +0.011% · you sell dearer than you buy
Net, funding: paid 7d − costs+$90as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$450.449% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.348%+$135 on $10k
Price spread, last 4 days (all we have)−0.417%−$42 · spread now +0.205%, 7d avg +0.011%
Together, before fees+0.931%+ Points / potential airdropedgeX: Active · farm board+$93 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$32 a day on $10k at the current rate, and OKX is 0.193% dearer against edgeX than usual: you sell high and buy low: +$19 more if the spread goes back to its 7-day average of +0.011%. The two prices were read 51 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC148.55−0.0881get 0.0440% / 4h3h 20m$28K$214K10x
ShortOKX ORCL-USDT-SWAP148.850.0188get 0.0188% / 8h7h 20m$4.9M$5.9M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against edgeX. 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
$224.38
Price spread: +0.205% → +0.011%
$19.34
Slippage, 4 orders
−$25.89
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee OKX: 5 bp × 2 orders
−$10
Net
$198.83
Costs to cover
0.449%
Break-even
0.8 days
Slippage from edgeX: live order book, 11 min ago; OKX: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy edgeX live order book, 11 min ago5.38 bp10.5 bp −$1018.3 bp −$183doesn't fitdoesn't fit
Sell OKX live order book, 2 min ago0.67 bp12.3 bp −$1239.3 bp −$393doesn't fitdoesn't fit

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 ORCLUSDClong−0.0881%4h148.55long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h148.69+0.099%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.92+0.252%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.57+0.014%$1K$148K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.312%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.67+0.083%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.85+0.205%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.81+0.178%$603K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.346%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.73+0.124%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.64+0.063%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.62+0.050%$130K$70K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.78+0.157%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.69+0.097%$711K$840K10xas long as short
Nado ORCL-PERP+0.0059%1h148.64+0.064%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.76+0.144%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0090%1h148.70+0.104%$21.7M$6.8M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.66+0.077%$240K$329K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.53−0.011%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.72+0.117%$18910xas long as short
Variational Omni ORCL+0.0112%8h148.82+0.187%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAPshort+0.0188%8h148.85+0.205%$4.9M$5.9M20x
Binance ORCLUSDT+0.0195%8h148.83+0.192%$25.1M$36.2M20xas long as short
Extended ORCL_24_5-USD+0.0200%1h148.80+0.168%$386K$2.1M10xas long as short
Gate ORCL_USDT+0.0326%8h148.95+0.272%$2.3M$2.9M25xas long as short
BloFin ORCL-USDT+0.0432%8h148.71+0.110%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0481%8h148.87+0.218%$4.1M$1.8M50xas long as short
Phoenix ORCL+0.0537%1h148.35−0.132%$152K$73K10xas long as short