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+0.0510%/8h= +55.8% APRpaid last 24h +0.042%
Price spread now: BloFin against Injective+0.074%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+0.079%+$8 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 BloFin is 0.074% dearer against Injective than usual: you sell high and buy low: +$7 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 0.079% in total (about 4.1% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ORCL/USDC PERP149.060.0033pay 0.0004% / 1h35m 38s$20K$14K12x
ShortBloFin ORCL-USDT149.170.0543get 0.0543% / 8h35m 38s$47K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Injective. 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
$107.01
Price spread: +0.074% → 0.000%
$7.38
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee BloFin: 6 bp × 2 orders
−$12
Net
$102.37
Costs to cover
0.120%
Break-even
0.3 days
Slippage unknown: Injective: no order-book sample; BloFin: 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 Injective no order-book sample
Sell BloFin no order-book sample
Injective and 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−0.0703%4h149.09+0.018%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.18+0.081%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.16+0.067%$2.3M$2.9M25xas long as short
SunX ORCL-USDT0.0000%8h149.36+0.201%$3K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h149.12+0.040%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.16+0.067%$472K$53K10xas long as short
Injective ORCL/USDC PERPlong+0.0033%1h149.06long leg$20K$14K12x
Vest ORCL-USD-PERP+0.0046%1h149.05−0.007%$127K25xas long as short
GRVT ORCL_USDT_Perp+0.0046%8h149.09+0.020%$2K$196K10xas long as short
Variational Omni ORCL+0.0050%8h149.12+0.039%$1.3M$314Kas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.11+0.034%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.87−0.127%$708K$693K10xas long as short
Polymarket Perps ORCL-USD+0.0056%1h149.00−0.040%$131K$122K10xas long as short
QFEX ORCL-USD+0.0071%1h149.08+0.013%$1.1M$2.9M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13+0.047%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.12+0.040%$19010xas long as short
Extended ORCL_24_5-USD+0.0104%1h149.11+0.037%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0108%8h149.14+0.054%$24.9M$35.6M20xas long as short
Nado ORCL-PERP+0.0183%1h148.88−0.124%$92K$18K10xas long as short
Lighter RH ORCL+0.0192%1h149.11+0.034%$620K$462K10xas long as short
tradeXYZ xyz:ORCL+0.0193%1h149.00−0.040%$21.4M$8.5M10xas long as short
KuCoin ORCLUSDTM+0.0213%8h149.16+0.067%$259K$236K20xas long as short
OKX ORCL-USDT-SWAP+0.0284%8h149.10+0.027%$4.7M$5.7M20xas long as short
Arcus ORCL-USD+0.0289%1h149.02−0.027%$86K$84K10xas long as short
Bitget ORCLUSDT+0.0357%8h149.14+0.054%$7.4M$4.7M20xas long as short
Bybit ORCLUSDT+0.0528%8h149.15+0.060%$3.5M$1.6M50xas long as short
Phoenix ORCL+0.0538%1h149.00−0.040%$149K$84K10xas long as short
BloFin ORCL-USDTshort+0.0543%8h149.17+0.074%$47K$51K20x