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+0.0201%/8h= +22.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.033%
Price spread now: Binance against Orderly+0.022%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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.022% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos149.700.0100pay 0.0100% / 8h5h 01m$19010x
ShortBinance ORCLUSDT149.730.0301get 0.0301% / 8h5h 01m$25.1M$35.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$42.14
Price spread: +0.022% → 0.000%
$2.21
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
$28.35
Costs to cover
0.160%
Break-even
2.3 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 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 Binance live order book, 10 min ago1.00 bp7.1 bp −$716.7 bp −$167102.6 bp −$10.3Kdoesn'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−0.0819%4h149.72+0.016%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.53−0.115%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.93+0.154%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.72+0.013%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.700.000%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.69−0.007%$623K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.428%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.60−0.067%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.64−0.040%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.56−0.094%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.63−0.047%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.68−0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.43−0.180%$703K$727K10xas long as short
QFEX ORCL-USD+0.0059%1h149.67−0.020%$1.1M$2.4M10xas long as short
Bitget ORCLUSDT+0.0082%8h149.78+0.053%$7.7M$4.0M20xas long as short
Nado ORCL-PERP+0.0097%1h149.53−0.116%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.77+0.047%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.70long leg$19010x
Gate ORCL_USDT+0.0146%8h149.78+0.053%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0219%8h149.71+0.004%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0254%8h149.74+0.028%$2K$178K10xas long as short
Extended ORCL_24_5-USD+0.0296%1h149.69−0.006%$390K$1.3M10xas long as short
Binance ORCLUSDTshort+0.0301%8h149.73+0.022%$25.1M$35.5M20x
KuCoin ORCLUSDTM+0.0377%8h149.79+0.060%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0381%8h149.71+0.007%$4.9M$5.6M20xas long as short
Phoenix ORCL+0.0536%1h149.61−0.060%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0671%8h149.79+0.060%$3.9M$1.7M50xas long as short
BloFin ORCL-USDT+0.0680%8h149.79+0.060%$47K$43K20xas long as short