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+0.0255%/8h= +27.9% APRnext payment +$2.55 per $10,000 · paid last 24h +0.019%
Price spread now: KuCoin against Orderly+0.094%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 +$8 a day on $10k at the current rate, and KuCoin is 0.094% dearer against Orderly than usual: you sell high and buy low: +$9 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_mythos149.430.0100pay 0.0100% / 8h3h 38m$19010x
ShortKuCoin ORCLUSDTM149.570.0355get 0.0355% / 8h3h 38m$262K$278K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin 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
$53.55
Price spread: +0.094% → 0.000%
$9.37
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee KuCoin: 6 bp × 2 orders
−$12
Net
$44.92
Costs to cover
0.180%
Break-even
1.1 days
Slippage unknown: Orderly: no order-book sample; KuCoin: live order book, 33 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 KuCoin live order book, 33 min ago7.00 bp91.2 bp −$91doesn't fitdoesn'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−0.0948%4h149.56+0.084%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.37−0.043%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.53+0.067%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.68+0.167%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.261%$52K$24K20xas long as short
Nado ORCL-PERP+0.0028%1h149.38−0.032%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.49+0.040%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.46+0.020%$623K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.248%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.48+0.033%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.56+0.087%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.33−0.067%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.41−0.013%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.430.000%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.55+0.080%$703K$724K10xas long as short
QFEX ORCL-USD+0.0067%1h149.45+0.013%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.57+0.094%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.43long leg$19010x
GRVT ORCL_USDT_Perp+0.0210%8h149.53+0.069%$2K$177K10xas long as short
Variational Omni ORCL+0.0242%8h149.52+0.063%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0294%8h149.51+0.054%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0319%8h149.43−0.001%$25.1M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.39−0.025%$388K$1.3M10xas long as short
KuCoin ORCLUSDTMshort+0.0355%8h149.57+0.094%$262K$278K20x
OKX ORCL-USDT-SWAP+0.0384%8h149.50+0.047%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.57+0.094%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0711%8h149.50+0.047%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0721%8h149.61+0.120%$47K$43K20xas long as short