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−0.0245%/8h= −26.8% APRnext payment $2.45 per $10,000 · paid last 24h −0.019%
Price spread now: Orderly against KuCoin−0.094%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 5 days (all we have)no history yet
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 −$7 a day on $10k at the current rate, and Orderly is 0.094% cheaper against KuCoin than usual: you would sell low and buy high (−$9 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.550.0345pay 0.0345% / 8h5h 24m$261K$269K20x
ShortOrderly PERP_ORCL_USDC_mythos149.410.0100get 0.0100% / 8h5h 24m$19010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$51.45
Price spread: −0.094% → 0.000%
−$9.36
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$78.81
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 72 min ago; Orderly: 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 KuCoin live order book, 72 min ago8.03 bp111.7 bp −$112doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0327%4h149.36−0.126%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.24−0.209%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.65+0.067%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.53−0.013%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.46−0.060%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.43−0.080%$622K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.328%$20K$12K12xas long as short
Bitget ORCLUSDT+0.0039%8h149.53−0.013%$7.7M$4.0M20xas long as short
Arcus ORCL-USD+0.0040%1h149.31−0.160%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.40−0.100%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.30−0.167%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.34−0.140%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.40−0.100%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.12−0.288%$698K$723K10xas long as short
Gate ORCL_USDT+0.0058%8h149.48−0.047%$2.3M$2.9M25xas long as short
QFEX ORCL-USD+0.0059%1h149.40−0.100%$1.1M$2.6M10xas long as short
Nado ORCL-PERP+0.0074%1h149.25−0.202%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.41−0.094%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h149.41−0.094%$19010x
GRVT ORCL_USDT_Perp+0.0164%8h149.39−0.107%$2K$179K10xas long as short
Variational Omni ORCL+0.0184%8h149.41−0.091%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0256%1h149.38−0.111%$389K$1.3M10xas long as short
Binance ORCLUSDT+0.0258%8h149.45−0.067%$24.9M$35.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0340%8h149.43−0.080%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTMlong+0.0345%8h149.55long leg$261K$269K20x
Phoenix ORCL+0.0536%1h149.27−0.187%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0567%8h149.56+0.007%$3.7M$1.5M50xas long as short
BloFin ORCL-USDT+0.0577%8h149.48−0.047%$47K$43K20xas long as short