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−0.0112%/8h= −12.3% APRnext payment $1.12 per $10,000 · paid last 24h −0.030%
Price spread now: Variational Omni against OKX−0.034%7-day average +0.002% · 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 4 days (all we have)−0.043%−$4 on $10k
Price spread, last 7 days−0.008%−$1 · spread now −0.034%, 7d avg +0.002%
Together, before fees−0.051%+ Points / potential airdropVariational Omni: Active · farm board−$5 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Variational Omni is 0.036% cheaper against OKX than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.002%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOKX ORCL-USDT-SWAP149.450.0337pay 0.0337% / 8h2h 45m$5.0M$5.9M20x
ShortVariational Omni ORCL149.400.0224get 0.0224% / 8h2h 45m$1.3M$363K

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Variational Omni 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
−$23.62
Price spread: −0.034% → +0.002%
−$3.59
Slippage, 4 orders
no order book: not counted
Fee OKX: 5 bp × 2 orders
−$10
Fee Variational Omni: 0 bp × 2 orders
$0
Net
−$37.22
Costs to cover
0.100%
Break-even
never at this rate
Slippage unknown: OKX: live order book, 2 min ago; Variational Omni: RFQ quote, 4 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, 2 min ago0.33 bp10.8 bp −$1122.5 bp −$225doesn't fitdoesn't fit
Sell Variational Omni RFQ quote, 4 min ago3.04 bpdoesn't fit18.5 bp −$185doesn'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−0.0424%4h149.47+0.011%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.58+0.084%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.54+0.060%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.65+0.134%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.63+0.120%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.50+0.033%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.46+0.007%$623K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.261%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.41−0.027%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.52+0.047%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.34−0.074%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.41−0.027%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.43−0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.30−0.100%$709K$788K10xas long as short
Nado ORCL-PERP+0.0056%1h149.35−0.068%$88K$22K10xas long as short
QFEX ORCL-USD+0.0058%1h149.47+0.013%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.43−0.013%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.44−0.007%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0182%8h149.46+0.007%$1K$175K10xas long as short
Variational Omni ORCLshort+0.0224%8h149.40−0.034%$1.3M$363K
Extended ORCL_24_5-USD+0.0296%1h149.42−0.017%$388K$1.5M10xas long as short
Binance ORCLUSDT+0.0300%8h149.47+0.013%$25.1M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0309%8h149.58+0.087%$261K$279K20xas long as short
Gate ORCL_USDT+0.0321%8h149.52+0.047%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAPlong+0.0337%8h149.45long leg$5.0M$5.9M20x
Phoenix ORCL+0.0428%1h149.44−0.007%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0662%8h149.51+0.040%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0681%8h149.65+0.134%$47K$43K20xas long as short