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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0068%/8h= +7.4% APRpaid last 24h +0.012%
Price spread now: Orderly against Nado+0.078%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.078% dearer against Nado than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongNado ORCL-PERP150.290.0032pay 0.0004% / 1h54m 52s$89K$6K10x
ShortOrderly PERP_ORCL_USDC_mythos150.410.0100get 0.0100% / 8h4h 54m$19110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against Nado. 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
$14.2
Price spread: +0.078% → 0.000%
$7.77
Slippage, 4 orders
no order book: not counted
Fee Nado: 3.5 bp × 2 orders
−$7
Fee Orderly: 3 bp × 2 orders
−$6
Net
$8.97
Costs to cover
0.130%
Break-even
2.6 days
Slippage unknown: Nado: no order-book sample; 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 Nado no order-book sample
Sell Orderly no order-book sample
Nado and 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 exchanges

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−0.0940%4h150.38+0.057%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h150.53+0.157%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.66+0.244%$3K$2.3M10xas long as short
Lighter ORCL+0.0032%1h150.52+0.151%$481K$60K10xas long as short
Nado ORCL-PERPlong+0.0032%1h150.29long leg$89K$6K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.821%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.46+0.111%$7K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.25−0.029%$21.9M$6.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.39+0.064%$78K$150K10xas long as short
SoDEX ORCL-USD+0.0050%1h150.40+0.071%$30K$3K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h150.23−0.042%$698K$885K10xas long as short
QFEX ORCL-USD+0.0070%1h150.26−0.022%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.45+0.104%$244K$495K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.40+0.071%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h150.41+0.078%$19110x
Lighter RH ORCL+0.0104%1h150.41+0.078%$626K$293K10xas long as short
HTX ORCL-USDT+0.0114%8h150.57+0.184%$52K$18K20xas long as short
Bitget ORCLUSDT+0.0213%8h150.46+0.111%$7.8M$2.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0239%8h150.43+0.091%$5.0M$6.2M20xas long as short
Gate ORCL_USDT+0.0267%8h150.51+0.144%$2.3M$2.8M25xas long as short
Variational Omni ORCL+0.0343%8h150.40+0.068%$1.2M$371Kas long as short
Arcus ORCL-USD+0.0446%1h150.31+0.011%$87K$71K10xas long as short
Binance ORCLUSDT+0.0447%8h150.43+0.091%$25.5M$35.5M20xas long as short
Extended ORCL_24_5-USD+0.0448%1h150.38+0.056%$393K$2.2M10xas long as short
GRVT ORCL_USDT_Perp+0.0601%8h150.52+0.151%$2K$137K10xas long as short
Bybit ORCLUSDT+0.0657%8h150.49+0.131%$4.2M$1.8M50xas long as short
BloFin ORCL-USDT+0.0682%8h150.56+0.177%$48K$43K20xas long as short
Phoenix ORCL+0.0749%1h150.51+0.144%$154K$85K10xas long as short