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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h +0.030%
Price spread now: ApeX Omni against SunX−0.134%73s7-day average −0.187% · 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 7 days+0.205%+$20 on $10k
Price spread, last 3 days (all we have)−0.058%−$6 · spread now −0.134%, 7d avg −0.187%
Together, before fees+0.147%+$15 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and ApeX Omni is 0.053% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.187%. The two prices were read 73 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.500get 0.0000% / 8h5h 48m$3K$2.7M10x
ShortApeX Omni ORACLEUSDT149.300.0100get 0.0013% / 1h48m 19s$22K$267K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against SunX. 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: −0.134% → −0.187%
$5.3
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
$8.3
Costs to cover
0.180%
Break-even
4.2 days
Slippage unknown: SunX: live order book, 9 min ago; ApeX Omni: live order book, 14 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 SunX live order book, 9 min ago29.75 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell ApeX Omni live order book, 14 min ago6.69 bp18.7 bp −$19187.1 bp −$1,871doesn't fitdoesn't fit

ORCL on 27 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−0.0172%4h149.24−0.172%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.13−0.249%$93K$16K20xas long as short
SunX ORCL-USDTlong0.0000%8h149.50long leg$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.35−0.100%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.30−0.134%$473K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.24−0.174%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.294%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.17−0.221%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.27−0.154%$67K25xas long as short
Nado ORCL-PERP+0.0048%1h149.12−0.255%$92K$18K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.16−0.227%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.18−0.214%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.24−0.174%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.13−0.247%$696K$717K10xas long as short
Gate ORCL_USDT+0.0055%8h149.27−0.154%$2.3M$2.9M25xas long as short
QFEX ORCL-USD+0.0059%1h149.19−0.207%$1.1M$2.7M10xas long as short
Bitget ORCLUSDT+0.0083%8h149.33−0.114%$7.7M$4.0M20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.30−0.134%$22K$267K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.23−0.181%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0156%8h149.27−0.154%$2K$179K10xas long as short
Variational Omni ORCL+0.0185%8h149.24−0.173%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0247%8h149.24−0.175%$24.9M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h149.21−0.197%$389K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0323%8h149.39−0.074%$261K$268K20xas long as short
OKX ORCL-USDT-SWAP+0.0332%8h149.24−0.174%$4.9M$5.5M20xas long as short
Bybit ORCLUSDT+0.0495%8h149.34−0.107%$3.6M$1.4M50xas long as short
Phoenix ORCL+0.0536%1h149.16−0.227%$152K$75K10xas long as short