Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0054%/8h= +5.9% APRpaid last 24h +0.016%

Price spread now: Orderly against Vest−0.053%7-day average — · you buy dearer than you sell

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

Long on Vest Short on Orderly

What this pair did over the last

the charts below follow

Funding, last 3 days (all we have)—no history yet

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropVest: Active · farm boardneeds both histories

Funding pays, the price is against you. Orderly is 0.053% cheaper against Vest than usual: you would sell low and buy high (spread −0.053% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.3 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Vest ORCL-USD-PERP	149.85	0.0046	pay 0.0006% / 1h	11m 41s	—	$67K	25x
Short	Orderly PERP_ORCL_USDC_mythos	149.77	0.0100	get 0.0100% / 8h	4h 11m	$191	—	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Orderly against Vest. 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 VestbpFee OrderlybpOrdersPrice spread, now −0.053%Rate

Funding earned: $11.41
Price spread: −0.053% → 0.000%: −$5.34
Slippage, 4 orders: no order book: not counted
Fee Vest: 1 bp × 2 orders: −$2
Fee Orderly: 3 bp × 2 orders: −$6
Net: −$1.93
Costs to cover: 0.080%
Break-even: 8.2 days

Slippage unknown: Vest: no order-book sample; Orderly: 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 Vest no order-book sample	—	—	—	—	—
Sell Orderly no order-book sample	—	—	—	—	—

Vest and Orderly: 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	−0.0164%	4h	149.81	−0.027%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.69	−0.107%	$94K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	150.03	+0.120%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.84	−0.007%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.85	0.000%	$475K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.80	−0.033%	$625K	$314K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.527%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.72	−0.087%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERPlong	+0.0046%	1h	149.85	long leg	—	$67K	25x
tradeXYZ xyz:ORCL	+0.0050%	1h	149.65	−0.133%	$21.7M	$6.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0050%	1h	149.74	−0.073%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.77	−0.053%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.53	−0.214%	$708K	$716K	10x	as long as short
Bitget ORCLUSDT	+0.0052%	8h	149.89	+0.027%	$7.7M	$3.9M	20x	as long as short
Nado ORCL-PERP	+0.0059%	1h	149.66	−0.124%	$91K	$20K	10x	as long as short
QFEX ORCL-USD	+0.0080%	1h	149.76	−0.060%	$1.1M	$2.2M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.82	−0.020%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythosshort	+0.0100%	8h	149.77	−0.053%	$191	—	10x
Variational Omni ORCL	+0.0249%	8h	149.84	−0.007%	$1.3M	$363K	—	as long as short
GRVT ORCL_USDT_Perp	+0.0256%	8h	149.83	−0.013%	$2K	$177K	10x	as long as short
Gate ORCL_USDT	+0.0275%	8h	149.87	+0.013%	$2.3M	$3.0M	25x	as long as short
Binance ORCLUSDT	+0.0327%	8h	149.82	−0.020%	$25.2M	$35.4M	20x	as long as short
Extended ORCL_24_5-USD	+0.0328%	1h	149.78	−0.048%	$390K	$1.3M	10x	as long as short
KuCoin ORCLUSDTM	+0.0372%	8h	149.87	+0.013%	$262K	$276K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0396%	8h	149.82	−0.020%	$5.0M	$5.7M	20x	as long as short
Phoenix ORCL	+0.0481%	1h	149.71	−0.093%	$153K	$75K	10x	as long as short
BloFin ORCL-USDT	+0.0723%	8h	149.91	+0.040%	$47K	$43K	20x	as long as short
Bybit ORCLUSDT	+0.0747%	8h	149.89	+0.027%	$4.1M	$1.8M	50x	as long as short