Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 11:00 UTC+0.0091%/8h= +10.0% APRpaid last 24h +0.015%

Price spread now: SoDEX against SunX−0.167%7-day average — · you buy dearer than you sell

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

Long on SunX Short on SoDEX

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. SoDEX is 0.167% cheaper against SunX than usual: you would sell low and buy high (spread −0.167% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$17 on $10k: about 6.1 days of funding at the current rate (+$3 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ORCL-USDT	150.06	0	get 0.0000% / 8h	5h 43m	$3K	$2.4M	10x
Short	SoDEX ORCL-USD	149.81	0.0091	get 0.0011% / 1h	43m 35s	$30K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee SunXbpFee SoDEXbpOrdersPrice spread, now −0.167%Rate

Funding earned: $19.17
Price spread: −0.167% → 0.000%: −$16.66
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$13.49
Costs to cover: 0.160%
Break-even: 11.9 days

Slippage unknown: SunX: live order book, 7 min ago; SoDEX: 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 SunX live order book, 7 min ago	29.96 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0884%	4h	149.72	−0.229%	$28K	$216K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.56	−0.335%	$105K	$22K	20x	as long as short
SunX ORCL-USDTlong	0.0000%	8h	150.06	long leg	$3K	$2.4M	10x
Lighter ORCL	+0.0032%	1h	149.81	−0.167%	$478K	$59K	10x	as long as short
Bitget ORCLUSDT	+0.0033%	8h	149.88	−0.120%	$7.7M	$2.4M	20x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.666%	$20K	$9K	12x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.88	−0.120%	—	$37K	25x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.64	−0.280%	$712K	$859K	10x	as long as short
QFEX ORCL-USD	+0.0079%	1h	149.74	−0.213%	$1.1M	$2.0M	10x	as long as short
SoDEX ORCL-USDshort	+0.0091%	1h	149.81	−0.167%	$30K	$3K	10x

Show all 28 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0095%	1h	149.74	−0.213%	$131K	$69K	10x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	149.78	−0.187%	$242K	$438K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.84	−0.147%	$22K	$262K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.80	−0.173%	$191	—	10x	as long as short
Nado ORCL-PERP	+0.0146%	1h	149.66	−0.265%	$88K	$21K	10x	as long as short
HTX ORCL-USDT	+0.0171%	8h	149.87	−0.127%	$52K	$24K	20x	as long as short
Lighter RH ORCL	+0.0224%	1h	149.79	−0.180%	$623K	$294K	10x	as long as short
OKX ORCL-USDT-SWAP	+0.0243%	8h	149.76	−0.200%	$5.0M	$6.1M	20x	as long as short
tradeXYZ xyz:ORCL	+0.0281%	1h	149.66	−0.267%	$21.9M	$6.7M	10x	as long as short
Variational Omni ORCL	+0.0296%	8h	149.69	−0.249%	$1.2M	$393K	—	as long as short
Gate ORCL_USDT	+0.0365%	8h	149.87	−0.127%	$2.3M	$2.8M	25x	as long as short
Extended ORCL_24_5-USD	+0.0392%	1h	149.74	−0.213%	$390K	$2.1M	10x	as long as short
Binance ORCLUSDT	+0.0397%	8h	149.79	−0.180%	$25.3M	$35.3M	20x	as long as short
Arcus ORCL-USD	+0.0445%	1h	149.68	−0.253%	$87K	$71K	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0633%	8h	149.84	−0.149%	$1K	$136K	10x	as long as short
BloFin ORCL-USDT	+0.0723%	8h	149.86	−0.133%	$48K	$44K	20x	as long as short
Bybit ORCLUSDT	+0.0727%	8h	149.83	−0.153%	$4.2M	$1.8M	50x	as long as short
Phoenix ORCL	+0.0749%	1h	149.67	−0.260%	$153K	$72K	10x	as long as short