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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC−0.0141%/8h= −15.4% APRnext payment $1.41 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against OKX+0.053%50s7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. Orderly is 0.053% dearer against OKX than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 hours. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP150.400.0241pay 0.0241% / 8h4h 56m$5.0M$6.2M20x
ShortOrderly PERP_ORCL_USDC_mythos150.480.0100get 0.0100% / 8h4h 56m$19110x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly against OKX. 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
−$29.57
Price spread: +0.053% → 0.000%
$5.32
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$40.25
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 4 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 OKX live order book, 4 min ago0.67 bp10.4 bp −$1020.5 bp −$205doesn'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 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−0.0606%4h150.53+0.089%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h150.59+0.123%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.58+0.120%$2K$2.3M10xas long as short
Lighter ORCL+0.0032%1h150.53+0.086%$481K$60K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.891%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.55+0.100%$7K25xas long as short
Nado ORCL-PERP+0.0048%1h150.37−0.020%$89K$6K10xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.29−0.073%$21.9M$6.6M10xas long as short
SoDEX ORCL-USD+0.0050%1h150.45+0.033%$30K$3K10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.36−0.027%$78K$150K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h150.51+0.073%$698K$891K10xas long as short
QFEX ORCL-USD+0.0070%1h150.34−0.040%$1.1M$1.9M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.44+0.027%$244K$493K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.34−0.040%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h150.48+0.053%$19110x
Lighter RH ORCL+0.0104%1h150.38−0.013%$626K$293K10xas long as short
HTX ORCL-USDT+0.0125%8h150.53+0.086%$52K$18K20xas long as short
Bitget ORCLUSDT+0.0210%8h150.53+0.086%$7.8M$2.4M20xas long as short
OKX ORCL-USDT-SWAPlong+0.0241%8h150.40long leg$5.0M$6.2M20x
Gate ORCL_USDT+0.0272%8h150.51+0.073%$2.3M$2.8M25xas long as short
Variational Omni ORCL+0.0347%8h150.38−0.017%$1.2M$371Kas long as short
Arcus ORCL-USD+0.0446%1h150.32−0.053%$87K$71K10xas long as short
Binance ORCLUSDT+0.0448%8h150.42+0.013%$25.5M$35.6M20xas long as short
Extended ORCL_24_5-USD+0.0448%1h150.37−0.022%$395K$2.1M10xas long as short
GRVT ORCL_USDT_Perp+0.0603%8h150.42+0.013%$2K$136K10xas long as short
BloFin ORCL-USDT+0.0648%8h150.49+0.060%$48K$43K20xas long as short
Bybit ORCLUSDT+0.0657%8h150.52+0.080%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0749%1h150.51+0.073%$154K$85K10xas long as short