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+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h −0.001%
Price spread now: Bybit against BloFin−0.027%7-day average · 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+0.003%$0 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding pays, the price is against you. Bybit is 0.027% cheaper against BloFin than usual: you would sell low and buy high (spread −0.027% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$3 on $10k: about 3.8 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.003% in total) that is about 2 months.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.910.0723pay 0.0723% / 8h4h 12m$47K$43K20x
ShortBybit ORCLUSDT149.870.0747get 0.0747% / 8h4h 12m$4.1M$1.8M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against BloFin. 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
$4.95
Price spread: −0.027% → 0.000%
−$2.67
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$20.72
Costs to cover
0.230%
Break-even
36.3 days
Slippage unknown: BloFin: no order-book sample; Bybit: live order book, 5 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 BloFin no order-book sample
Sell Bybit live order book, 5 min ago0.33 bp11.3 bp −$1126.8 bp −$268doesn't fitdoesn't fit
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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0164%4h149.81−0.067%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.66−0.167%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.03+0.080%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.88−0.020%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.83−0.053%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.79−0.080%$625K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.567%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.73−0.120%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.85−0.040%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.66−0.167%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.71−0.133%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.77−0.093%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.53−0.253%$708K$716K10xas long as short
Bitget ORCLUSDT+0.0054%8h149.89−0.013%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0059%1h149.66−0.164%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.76−0.100%$1.1M$2.2M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.82−0.060%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.73−0.120%$19010xas long as short
Variational Omni ORCL+0.0249%8h149.84−0.048%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0256%8h149.83−0.053%$2K$177K10xas long as short
Gate ORCL_USDT+0.0272%8h149.87−0.027%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0325%8h149.81−0.067%$25.2M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.77−0.094%$388K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0373%8h149.86−0.033%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0396%8h149.82−0.060%$5.0M$5.7M20xas long as short
Phoenix ORCL+0.0481%1h149.71−0.133%$153K$75K10xas long as short
BloFin ORCL-USDTlong+0.0723%8h149.91long leg$47K$43K20x
Bybit ORCLUSDTshort+0.0747%8h149.87−0.027%$4.1M$1.8M50x