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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 09:00 UTC0.0000%/8h= 0.0% APRpaid last 24h 0.000%
Price spread now: ApeX Omni against Orderly−0.128%7-day average · 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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: ApeX Omni is 0.128% cheaper against Orderly than usual: you would sell low and buy high, −$13 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos148.720.0100pay 0.0100% / 8h7h 20m$18910x
ShortApeX Omni ORACLEUSDT148.530.0100get 0.0013% / 1h20m 29s$22K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Orderly. 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
$0
Price spread: −0.128% → 0.000%
−$12.78
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$28.78
Costs to cover
0.160%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; ApeX Omni: live order book, 11 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 Orderly no order-book sample
Sell ApeX Omni live order book, 11 min ago7.40 bp19.8 bp −$20198.5 bp −$1,985doesn't fitdoesn't fit
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 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−0.0881%4h148.55−0.117%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h148.70−0.016%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.91+0.128%$7.7M$2.6M20xas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.57−0.103%$1K$148K10xas long as short
SunX ORCL-USDT0.0000%8h149.01+0.195%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h148.67−0.034%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.85+0.087%$475K$59K10xas long as short
Lighter RH ORCL+0.0032%1h148.81+0.061%$603K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.229%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h148.73+0.007%$86K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h148.69−0.020%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.70−0.013%$130K$70K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.78+0.040%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.69−0.020%$711K$840K10xas long as short
Nado ORCL-PERP+0.0059%1h148.64−0.053%$88K$22K10xas long as short
QFEX ORCL-USD+0.0065%1h148.80+0.054%$1.1M$1.9M10xas long as short
tradeXYZ xyz:ORCL+0.0092%1h148.71−0.007%$21.7M$6.8M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.66−0.040%$240K$329K20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h148.53−0.128%$22K$262K50x
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h148.72long leg$18910x
Variational Omni ORCL+0.0112%8h148.82+0.070%$1.2M$428Kas long as short
OKX ORCL-USDT-SWAP+0.0188%8h148.85+0.087%$4.9M$5.9M20xas long as short
Binance ORCLUSDT+0.0195%8h148.84+0.083%$25.1M$36.2M20xas long as short
Extended ORCL_24_5-USD+0.0200%1h148.80+0.051%$386K$2.1M10xas long as short
Gate ORCL_USDT+0.0326%8h148.95+0.155%$2.3M$2.9M25xas long as short
BloFin ORCL-USDT+0.0432%8h148.71−0.007%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0481%8h148.87+0.101%$4.1M$1.8M50xas long as short
Phoenix ORCL+0.0537%1h148.35−0.249%$152K$73K10xas long as short