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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h −0.009%
Price spread now: Nado against Orderly−0.055%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 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropNado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.055% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos150.490.0100pay 0.0100% / 8h4h 53m$19110x
ShortNado ORCL-PERP150.410.0031get 0.0004% / 1h53m 21s$89K$5K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado 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
−$14.39
Price spread: −0.055% → 0.000%
−$5.53
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$32.92
Costs to cover
0.130%
Break-even
never at this rate
Slippage unknown: Orderly: no order-book sample; Nado: 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 Nado no order-book sample
Orderly and Nado: 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 exchanges

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−0.0242%4h150.40−0.063%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h150.59+0.065%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.60+0.073%$3K$2.3M10xas long as short
Nado ORCL-PERPshort+0.0031%1h150.41−0.055%$89K$5K10x
Lighter ORCL+0.0032%1h150.57+0.053%$481K$60K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.950%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.66+0.113%$4K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.42−0.047%$22.0M$6.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.47−0.013%$78K$151K10xas long as short
SoDEX ORCL-USD+0.0050%1h150.38−0.073%$30K$3K10xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h150.23−0.173%$698K$884K10xas long as short
QFEX ORCL-USD+0.0070%1h150.46−0.020%$1.1M$1.9M10xas long as short
Lighter RH ORCL+0.0072%1h150.490.000%$626K$293K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.46−0.020%$243K$497K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.41−0.053%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h150.49long leg$19110x
HTX ORCL-USDT+0.0109%8h150.57+0.053%$52K$18K20xas long as short
Bitget ORCLUSDT+0.0221%8h150.63+0.093%$7.8M$2.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0235%8h150.54+0.033%$5.0M$6.2M20xas long as short
Gate ORCL_USDT+0.0260%8h150.59+0.066%$2.3M$2.8M25xas long as short
Variational Omni ORCL+0.0343%8h150.40−0.063%$1.2M$371Kas long as short
Extended ORCL_24_5-USD+0.0440%1h150.45−0.026%$391K$2.3M10xas long as short
Binance ORCLUSDT+0.0444%8h150.52+0.022%$25.5M$35.5M20xas long as short
Arcus ORCL-USD+0.0446%1h150.42−0.047%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0588%8h150.44−0.033%$2K$138K10xas long as short
Bybit ORCLUSDT+0.0657%8h150.60+0.073%$4.2M$1.8M50xas long as short
BloFin ORCL-USDT+0.0682%8h150.56+0.047%$48K$43K20xas long as short
Phoenix ORCL+0.0692%1h150.51+0.013%$154K$85K10xas long as short