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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0515%/8h= +56.4% APRnext payment +$5.15 per $10,000 · paid last 24h +0.082%
Price spread now: Bybit against HTX+0.020%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+0.200%+$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.020% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.15 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
LongHTX ORCL-USDT149.070get 0.0000% / 8h43m 43s$52K$22K20x
ShortBybit ORCLUSDT149.100.0515get 0.0515% / 8h43m 43s$3.5M$1.6M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against HTX. 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
$108.09
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee HTX: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$87.1
Costs to cover
0.230%
Break-even
1.4 days
Slippage unknown: HTX: no order-book sample; Bybit: live order book, 4 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 HTX no order-book sample
Sell Bybit live order book, 4 min ago1.01 bp12.2 bp −$1226.8 bp −$268doesn't fitdoesn't fit
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−0.0282%4h149.01−0.040%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.04−0.021%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.11+0.027%$2.3M$2.9M25xas long as short
SunX ORCL-USDT0.0000%8h149.28+0.141%$2K$2.9M10xas long as short
HTX ORCL-USDTlong0.0000%8h149.07long leg$52K$22K20x
GRVT ORCL_USDT_Perp+0.0013%8h149.02−0.035%$2K$198K10xas long as short
Variational Omni ORCL+0.0014%8h149.03−0.026%$1.3M$314Kas long as short
Lighter ORCL+0.0032%1h149.09+0.013%$472K$53K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.007%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.94−0.087%$127K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h148.96−0.074%$131K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.070.000%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.82−0.168%$708K$693K10xas long as short
QFEX ORCL-USD+0.0071%1h149.03−0.027%$1.1M$2.9M10xas long as short
Extended ORCL_24_5-USD+0.0072%1h149.06−0.005%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0075%8h149.09+0.013%$24.9M$35.6M20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.88−0.127%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.03−0.027%$19010xas long as short
tradeXYZ xyz:ORCL+0.0166%1h148.92−0.101%$21.4M$8.5M10xas long as short
Lighter RH ORCL+0.0176%1h149.04−0.020%$620K$462K10xas long as short
Nado ORCL-PERP+0.0177%1h148.85−0.146%$92K$18K10xas long as short
KuCoin ORCLUSDTM+0.0186%8h149.14+0.047%$258K$235K20xas long as short
OKX ORCL-USDT-SWAP+0.0264%8h149.11+0.027%$4.7M$5.7M20xas long as short
Arcus ORCL-USD+0.0289%1h148.96−0.074%$86K$90K10xas long as short
Bitget ORCLUSDT+0.0339%8h149.09+0.013%$7.4M$4.7M20xas long as short
Bybit ORCLUSDTshort+0.0515%8h149.10+0.020%$3.5M$1.6M50x
BloFin ORCL-USDT+0.0530%8h149.04−0.020%$2K$51K20xas long as short
Phoenix ORCL+0.0538%1h148.90−0.114%$149K$84K10xas long as short