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−0.0100%/8h= −10.9% APRnext payment $1.00 per $10,000 · paid last 24h −0.030%
Price spread now: HTX against Orderly+0.067%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
The price spread pays, funding is against you. HTX is 0.067% dearer against Orderly than usual: you sell high and buy low (spread +0.067% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.2 days.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos149.060.0100pay 0.0100% / 8h3m 32s$19010x
ShortHTX ORCL-USDT149.160get 0.0000% / 8h3m 32s$52K$25K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$21
Price spread: +0.067% → 0.000%
$6.71
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee HTX: 6 bp × 2 orders
−$12
Net
−$32.29
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; HTX: 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 Orderly no order-book sample
Sell HTX no order-book sample
Orderly and HTX: 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−0.0768%4h149.12+0.042%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.22+0.110%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.19+0.087%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.36+0.201%$3K$2.7M10xas long as short
HTX ORCL-USDTshort0.0000%8h149.16+0.067%$52K$25K20x
Lighter ORCL+0.0032%1h149.11+0.034%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.07+0.007%$622K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.060.000%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.03−0.020%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.05−0.007%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.00−0.040%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.05−0.007%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.08+0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.93−0.087%$710K$877K10xas long as short
Nado ORCL-PERP+0.0057%1h148.92−0.097%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.11+0.034%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.17+0.074%$242K$281K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.00−0.040%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.06long leg$19010x
Variational Omni ORCL+0.0173%8h149.07+0.007%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0189%8h149.11+0.034%$1K$154K10xas long as short
Gate ORCL_USDT+0.0202%8h149.19+0.087%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0220%8h149.09+0.020%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.09+0.023%$390K$2.1M10xas long as short
Binance ORCLUSDT+0.0269%8h149.12+0.040%$25.1M$36.7M20xas long as short
Phoenix ORCL+0.0483%1h149.05−0.007%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0546%8h149.18+0.081%$47K$45K20xas long as short
Bybit ORCLUSDT+0.0550%8h149.10+0.027%$4.1M$1.9M50xas long as short