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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0001%/8h= +0.1% APRnext payment +$0.01 per $10,000 · paid last 24h +0.033%
Price spread now: Gate against Binance+0.040%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$54as in the Price arb table
costs, in and out, $10k−$510.514% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.154%+$15 on $10k
Price spread, last 2 days (all we have)+0.048%+$5 · spread now +0.040%, 7d avg +0.065%
Together, before fees+0.201%+$20 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.025% cheaper against Binance than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.065%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance ORCLUSDT149.530.0251pay 0.0251% / 8h7h 04m$25.1M$35.2M20x
ShortGate ORCL_USDT149.590.0252get 0.0252% / 8h7h 04m$2.3M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against Binance. 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
$0.26
Price spread: +0.040% → +0.065%
−$2.49
Slippage, 4 orders
−$26.41
Fee Binance: 5 bp × 2 orders
−$10
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$53.63
Costs to cover
0.514%
Break-even
1448.7 days
Slippage from Binance: live order book, 7 min ago; Gate: live order book, 4 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 7 min ago0.67 bp7.0 bp −$78.2 bp −$8252.6 bp −$5,262doesn't fit
Sell Gate live order book, 4 min ago2.34 bp17.6 bp −$1827.4 bp −$274doesn't fitdoesn't fit

ORCL on 28 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−0.0262%4h149.51−0.011%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.61+0.053%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.78+0.167%$2K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.62+0.060%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.60+0.047%$474K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.56+0.020%$622K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.314%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.58+0.033%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.45−0.054%$132K$91K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.55+0.013%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h149.34−0.127%$703K$692K10xas long as short
Nado ORCL-PERP+0.0065%1h149.47−0.038%$92K$18K10xas long as short
QFEX ORCL-USD+0.0075%1h149.49−0.027%$1.2M$2.8M10xas long as short
tradeXYZ xyz:ORCL+0.0085%1h149.46−0.047%$21.5M$6.8M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.35−0.120%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.50−0.020%$19010xas long as short
Variational Omni ORCL+0.0204%8h149.54+0.008%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0248%1h149.50−0.023%$386K$1.3M10xas long as short
Binance ORCLUSDTlong+0.0251%8h149.53long leg$25.1M$35.2M20x
Gate ORCL_USDTshort+0.0252%8h149.59+0.040%$2.3M$2.9M25x
KuCoin ORCLUSDTM+0.0308%8h149.66+0.087%$261K$261K20xas long as short
OKX ORCL-USDT-SWAP+0.0321%8h149.60+0.047%$4.8M$5.5M20xas long as short
GRVT ORCL_USDT_Perp+0.0350%8h149.51−0.015%$2K$181K10xas long as short
Bitget ORCLUSDT+0.0384%8h149.61+0.054%$7.7M$4.0M20xas long as short
Arcus ORCL-USD+0.0467%1h149.45−0.054%$87K$79K10xas long as short
Bybit ORCLUSDT+0.0575%8h149.62+0.060%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0601%8h149.59+0.040%$47K$43K20xas long as short
Phoenix ORCL+0.0697%1h149.48−0.033%$153K$84K10xas long as short