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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0516%/8h= −56.5% APRnext payment $5.16 per $10,000 · paid last 24h −0.084%
Price spread now: SunX against BloFin+0.094%7-day average · you sell dearer than you buy
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−0.198%−$20 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread pays, funding is against you. SunX is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$15 a day in funding at the current rate, which eats that in about 15 hours. At the pace of the last 7 days (−0.198% in total) that is about 3.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.198% in total (about -10.3% a year). A funding rate is set anew for every payment; at this rate the next one is about $5.16 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.380.0516pay 0.0516% / 8h13m 20s$47K$51K20x
ShortSunX ORCL-USDT149.520get 0.0000% / 8h13m 20s$2K$2.8M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$108.39
Price spread: +0.094% → 0.000%
$9.37
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$119.02
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 4 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 SunX live order book, 4 min ago29.74 bpdoesn't fitdoesn't fitdoesn'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−0.0651%4h149.39+0.009%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.38−0.003%$94K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.380.000%$2.3M$3.0M25xas long as short
SunX ORCL-USDTshort0.0000%8h149.52+0.094%$2K$2.8M10x
HTX ORCL-USDT0.0000%8h149.17−0.141%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.37−0.007%$473K$53K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.214%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.27−0.074%$127K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.20−0.120%$131K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.28−0.067%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h149.16−0.147%$710K$696K10xas long as short
QFEX ORCL-USD+0.0071%1h149.25−0.087%$1.1M$2.9M10xas long as short
Variational Omni ORCL+0.0093%8h149.38+0.002%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0098%8h149.380.000%$1K$194K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.40+0.013%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.25−0.087%$19010xas long as short
Lighter RH ORCL+0.0104%1h149.31−0.047%$621K$462K10xas long as short
tradeXYZ xyz:ORCL+0.0141%1h149.20−0.120%$21.5M$8.2M10xas long as short
Nado ORCL-PERP+0.0154%1h149.19−0.128%$92K$18K10xas long as short
Binance ORCLUSDT+0.0158%8h149.30−0.054%$25.0M$35.5M20xas long as short
Extended ORCL_24_5-USD+0.0160%1h149.27−0.072%$386K$1.4M10xas long as short
KuCoin ORCLUSDTM+0.0244%8h149.39+0.007%$259K$243K20xas long as short
Arcus ORCL-USD+0.0289%1h149.21−0.114%$86K$81K10xas long as short
OKX ORCL-USDT-SWAP+0.0300%8h149.29−0.060%$4.8M$5.7M20xas long as short
Bitget ORCLUSDT+0.0376%8h149.28−0.067%$7.5M$4.5M20xas long as short
BloFin ORCL-USDTlong+0.0516%8h149.38long leg$47K$51K20x
Bybit ORCLUSDT+0.0523%8h149.31−0.047%$3.5M$1.5M50xas long as short
Phoenix ORCL+0.0538%1h149.20−0.120%$150K$84K10xas long as short