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−0.0396%/8h= −43.3% APRnext payment $3.96 per $10,000 · paid last 24h −0.067%
Price spread now: SunX against OKX+0.140%7-day average +0.155% · 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 7 days−0.164%−$16 on $10k
Price spread, last 4 days (all we have)+0.124%+$12 · spread now +0.140%, 7d avg +0.155%
Together, before fees−0.041%−$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.155%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about $3.96 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP149.820.0396pay 0.0396% / 8h4h 11m$5.0M$5.7M20x
ShortSunX ORCL-USDT150.030get 0.0000% / 8h4h 11m$3K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$83.12
Price spread: +0.140% → +0.155%
−$1.5
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$102.63
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 1 min ago; SunX: live order book, 6 min ago. 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, 1 min ago0.67 bp12.1 bp −$1223.2 bp −$232doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago29.98 bpdoesn't fitdoesn't fitdoesn'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%4h149.81−0.007%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.67−0.100%$94K$16K20xas long as short
SunX ORCL-USDTshort0.0000%8h150.03+0.140%$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.84+0.013%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.84+0.013%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.79−0.020%$625K$314K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.507%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.73−0.060%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.85+0.020%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.65−0.113%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.74−0.053%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.77−0.033%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.53−0.194%$708K$716K10xas long as short
Bitget ORCLUSDT+0.0054%8h149.89+0.047%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0059%1h149.66−0.104%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.76−0.040%$1.1M$2.2M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.820.000%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.77−0.033%$19110xas long as short
Variational Omni ORCL+0.0249%8h149.84+0.013%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0256%8h149.83+0.007%$2K$177K10xas long as short
Gate ORCL_USDT+0.0272%8h149.87+0.033%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0325%8h149.820.000%$25.2M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.78−0.028%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0373%8h149.87+0.033%$262K$276K20xas long as short
OKX ORCL-USDT-SWAPlong+0.0396%8h149.82long leg$5.0M$5.7M20x
Phoenix ORCL+0.0481%1h149.71−0.073%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0723%8h149.91+0.060%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0747%8h149.90+0.053%$4.1M$1.8M50xas long as short