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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0068%/8h= +7.4% APRnext payment +$0.09 per $10,000 · paid last 24h +0.020%
Price spread now: ApeX Omni against Lighter−0.040%48s7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$810.812% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.044%+$4 on $10k
Price spread, last 4 days (all we have)+0.175%+$18 · spread now −0.040%, 7d avg −0.053%
Together, before fees+0.220%+ Points / potential airdropLighter: Season 3 · farm board+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.053%, so right now this pair is about funding alone: +$2 a day on $10k at the current rate. The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL149.880.0032pay 0.0004% / 1h10m 36s$475K$51K10x
ShortApeX Omni ORACLEUSDT149.820.0100get 0.0013% / 1h10m 36s$22K$263K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Lighter. 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
$14.28
Price spread: −0.040% → −0.053%
$1.33
Slippage, 4 orders
−$71.24
Fee Lighter: 0 bp × 2 orders
$0
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$65.63
Costs to cover
0.812%
Break-even
39.2 days
Slippage from Lighter: live order book, 39 min ago; ApeX Omni: live order book, 46 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 Lighter live order book, 39 min ago5.34 bp19.7 bp −$2021.0 bp −$210doesn't fitdoesn't fit
Sell ApeX Omni live order book, 46 min ago8.35 bp18.3 bp −$18179.7 bp −$1,797doesn'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 ORCLUSDC−0.0164%4h149.81−0.047%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.71−0.115%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.04+0.107%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.84−0.027%$52K$24K20xas long as short
Lighter ORCLlong+0.0032%1h149.88long leg$475K$51K10x
Lighter RH ORCL+0.0032%1h149.84−0.027%$625K$314K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.547%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.72−0.107%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.82−0.040%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.71−0.113%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.74−0.093%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.79−0.060%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.53−0.234%$708K$716K10xas long as short
Bitget ORCLUSDT+0.0051%8h149.90+0.013%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0059%1h149.71−0.112%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.81−0.047%$1.1M$2.2M10xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.82−0.040%$22K$263K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.79−0.060%$19110xas long as short
Variational Omni ORCL+0.0250%8h149.79−0.062%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0256%8h149.83−0.033%$2K$177K10xas long as short
Gate ORCL_USDT+0.0279%8h149.89+0.007%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0327%8h149.84−0.026%$25.2M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.79−0.059%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0374%8h149.87−0.007%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0398%8h149.91+0.020%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0481%1h149.71−0.113%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0748%8h149.92+0.027%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0755%8h149.93+0.033%$47K$43K20xas long as short