Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 09:00 UTC+0.0382%/8h= +41.8% APRpaid last 24h +0.130%

Price spread now: BloFin against SoDEX−0.074%56s7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on BloFin

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. BloFin is 0.074% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.074% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$7 on $10k: about 15 hours of funding at the current rate (+$11 a day). The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ORCL-USD	148.82	0.0050	pay 0.0006% / 1h	20m 03s	$30K	$3K	10x
Short	BloFin ORCL-USDT	148.71	0.0432	get 0.0432% / 8h	7h 20m	$48K	$45K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BloFin 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

Position, each leg$Hold fordaysFee SoDEXbpFee BloFinbpOrdersPrice spread, now −0.074%Rate

Funding earned: $80.23
Price spread: −0.074% → 0.000%: −$7.39
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee BloFin: 6 bp × 2 orders: −$12
Net: $52.84
Costs to cover: 0.200%
Break-even: 2.4 days

Slippage unknown: SoDEX: no order-book sample; BloFin: 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

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SoDEX no order-book sample	—	—	—	—	—
Sell BloFin no order-book sample	—	—	—	—	—

SoDEX and BloFin: 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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0881%	4h	148.55	−0.184%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	148.69	−0.088%	$97K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	148.94	+0.081%	$7.7M	$2.6M	20x	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.57	−0.170%	$1K	$148K	10x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.08	+0.175%	$2K	$2.6M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	148.67	−0.101%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	148.85	+0.020%	$475K	$59K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	148.82	0.000%	$603K	$317K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.161%	$20K	$9K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	148.73	−0.060%	$86K	$79K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ORCL-USD-PERP	+0.0046%	1h	148.69	−0.087%	—	$67K	25x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.70	−0.081%	$130K	$70K	10x	as long as short
SoDEX ORCL-USDlong	+0.0050%	1h	148.82	long leg	$30K	$3K	10x
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.69	−0.087%	$711K	$840K	10x	as long as short
Nado ORCL-PERP	+0.0059%	1h	148.64	−0.124%	$88K	$22K	10x	as long as short
QFEX ORCL-USD	+0.0065%	1h	148.80	−0.013%	$1.1M	$1.9M	10x	as long as short
tradeXYZ xyz:ORCL	+0.0093%	1h	148.72	−0.067%	$21.7M	$6.8M	10x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	148.68	−0.094%	$241K	$329K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.53	−0.195%	$22K	$262K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.76	−0.040%	$189	—	10x	as long as short
Variational Omni ORCL	+0.0112%	8h	148.82	+0.002%	$1.2M	$428K	—	as long as short
OKX ORCL-USDT-SWAP	+0.0190%	8h	148.84	+0.013%	$4.9M	$5.9M	20x	as long as short
Extended ORCL_24_5-USD	+0.0192%	1h	148.82	+0.003%	$386K	$2.1M	10x	as long as short
Binance ORCLUSDT	+0.0195%	8h	148.86	+0.026%	$25.1M	$36.1M	20x	as long as short
Gate ORCL_USDT	+0.0326%	8h	148.95	+0.087%	$2.3M	$2.9M	25x	as long as short
BloFin ORCL-USDTshort	+0.0432%	8h	148.71	−0.074%	$48K	$45K	20x
Bybit ORCLUSDT	+0.0481%	8h	148.87	+0.034%	$4.1M	$1.8M	50x	as long as short
Phoenix ORCL	+0.0537%	1h	148.35	−0.316%	$152K	$73K	10x	as long as short