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−0.0618%/8h= −67.7% APRpaid last 24h −0.208%
Price spread now: edgeX against KuCoin+0.012%7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$461as in the Funding arb table
Net, price: spread back to 7d avg − costs−$319as in the Price arb table
costs, in and out, $10k−$3223.221% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.389%−$139 on $10k
Price spread, last 4 days (all we have)+0.091%+$9 · spread now +0.012%, 7d avg −0.017%
Together, before fees−1.299%+ Points / potential airdropedgeX: Active · farm board−$130 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.028% dearer against KuCoin than usual: you sell high and buy low (spread +0.012% now, against its 7-day average of −0.017%): +$3 on $10k if it goes back. Holding the pair costs −$19 a day in funding at the current rate, which eats that in about 4 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.270.0111pay 0.0111% / 8h56m 58s$240K$274K20x
ShortedgeX ORCLUSDC149.29−0.0507pay 0.0253% / 4h56m 58s$28K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against KuCoin. 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
−$129.78
Price spread: +0.012% → −0.017%
$2.84
Slippage, 4 orders
−$301.07
Fee KuCoin: 6 bp × 2 orders
−$12
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$449.02
Costs to cover
3.221%
Break-even
never at this rate
Slippage from KuCoin: live order book, 45 min ago; edgeX: live order book, 45 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 KuCoin live order book, 45 min ago11.38 bp176.3 bp −$176doesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 45 min ago5.69 bp10.6 bp −$1117.9 bp −$179doesn'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 ORCLUSDCshort−0.0507%4h149.29+0.012%$28K$213K10x
Aster ORCLUSDT0.0000%8h149.04−0.156%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.30+0.020%$7.7M$2.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.48+0.141%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.34+0.047%$52K$25K20xas long as short
Lighter RH ORCL+0.0032%1h149.21−0.040%$622K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.141%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.17−0.067%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.270.000%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.07−0.134%$21.6M$6.9M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.18−0.060%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.21−0.040%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.04−0.154%$698K$856K10xas long as short
QFEX ORCL-USD+0.0057%1h149.24−0.020%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0076%1h149.11−0.104%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.29+0.013%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.19−0.054%$19010xas long as short
KuCoin ORCLUSDTMlong+0.0111%8h149.27long leg$240K$274K20x
Lighter ORCL+0.0128%1h149.25−0.013%$473K$54K10xas long as short
Variational Omni ORCL+0.0163%8h149.24−0.017%$1.2M$421Kas long as short
GRVT ORCL_USDT_Perp+0.0176%8h149.30+0.020%$1K$161K10xas long as short
Gate ORCL_USDT+0.0210%8h149.33+0.040%$2.3M$2.9M25xas long as short
OKX ORCL-USDT-SWAP+0.0249%8h149.16−0.074%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.17−0.069%$388K$1.4M10xas long as short
Binance ORCLUSDT+0.0259%8h149.16−0.074%$24.9M$36.5M20xas long as short
Phoenix ORCL+0.0429%1h149.22−0.033%$153K$72K10xas long as short
Bybit ORCLUSDT+0.0572%8h149.20−0.047%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0584%8h149.41+0.094%$47K$44K20xas long as short