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+0.0396%/8h= +43.3% APRpaid last 24h +0.065%
Price spread now: Binance against SoDEX+0.080%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 4 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 +$12 a day on $10k at the current rate, and Binance is 0.080% dearer against SoDEX than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ORCL-USD150.380.0050pay 0.0006% / 1h54m 00s$30K$3K10x
ShortBinance ORCLUSDT150.500.0446get 0.0446% / 8h4h 54m$25.5M$35.5M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SoDEX. 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
$83.09
Price spread: +0.080% → 0.000%
$7.98
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$73.07
Costs to cover
0.180%
Break-even
0.8 days
Slippage unknown: SoDEX: no order-book sample; Binance: 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 SoDEX no order-book sample
Sell Binance live order book, 11 min ago0.66 bp8.2 bp −$815.6 bp −$15684.5 bp −$8,454doesn't fit
SoDEX: 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−0.0940%4h150.380.000%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h150.60+0.148%$106K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.60+0.146%$3K$2.3M10xas long as short
Nado ORCL-PERP+0.0027%1h150.25−0.088%$89K$5K10xas long as short
Lighter ORCL+0.0032%1h150.57+0.126%$481K$60K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.878%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h150.50+0.080%$4K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h150.41+0.020%$22.0M$6.6M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h150.31−0.047%$78K$150K10xas long as short
SoDEX ORCL-USDlong+0.0050%1h150.38long leg$30K$3K10x
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h150.23−0.100%$698K$884K10xas long as short
QFEX ORCL-USD+0.0070%1h150.380.000%$1.1M$1.9M10xas long as short
Lighter RH ORCL+0.0072%1h150.47+0.060%$626K$293K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h150.45+0.047%$243K$497K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h150.40+0.013%$23K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h150.37−0.007%$19110xas long as short
HTX ORCL-USDT+0.0109%8h150.57+0.126%$52K$18K20xas long as short
Bitget ORCLUSDT+0.0217%8h150.61+0.153%$7.8M$2.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0237%8h150.52+0.093%$5.0M$6.2M20xas long as short
Gate ORCL_USDT+0.0267%8h150.59+0.140%$2.3M$2.8M25xas long as short
Variational Omni ORCL+0.0343%8h150.40+0.010%$1.2M$371Kas long as short
Binance ORCLUSDTshort+0.0446%8h150.50+0.080%$25.5M$35.5M20x
Arcus ORCL-USD+0.0446%1h150.31−0.047%$87K$71K10xas long as short
Extended ORCL_24_5-USD+0.0448%1h150.34−0.028%$390K$2.2M10xas long as short
GRVT ORCL_USDT_Perp+0.0601%8h150.52+0.093%$2K$137K10xas long as short
Bybit ORCLUSDT+0.0659%8h150.57+0.126%$4.2M$1.8M50xas long as short
BloFin ORCL-USDT+0.0682%8h150.56+0.120%$48K$43K20xas long as short
Phoenix ORCL+0.0749%1h150.51+0.086%$154K$85K10xas long as short