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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC+0.0538%/8h= +58.9% APRpaid last 24h +0.200%
Price spread now: KuCoin against edgeX+0.047%68s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs−$50as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$1901.898% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.398%+$140 on $10k
Price spread, last 4 days (all we have)−0.238%−$24 · spread now +0.047%, 7d avg +0.015%
Together, before fees+1.160%+ Points / potential airdropedgeX: Active · farm board+$116 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and KuCoin is 0.032% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 68 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.81−0.0164get 0.0082% / 4h10m 27s$28K$215K10x
ShortKuCoin ORCLUSDTM149.880.0374get 0.0374% / 8h4h 10m$262K$276K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against edgeX. 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
$113.03
Price spread: +0.047% → +0.015%
$3.17
Slippage, 4 orders
−$168.78
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$73.58
Costs to cover
1.898%
Break-even
11.6 days
Slippage from edgeX: live order book, 46 min ago; KuCoin: live order book, 1 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 edgeX live order book, 46 min ago5.68 bp10.6 bp −$1118.2 bp −$182doesn't fitdoesn't fit
Sell KuCoin live order book, 1 min ago7.00 bp91.2 bp −$91doesn't fitdoesn'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 ORCLUSDClong−0.0164%4h149.81long leg$28K$215K10x
Aster ORCLUSDT0.0000%8h149.70−0.076%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.04+0.154%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.84+0.020%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.88+0.047%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.84+0.020%$625K$314K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.500%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.72−0.060%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.86+0.034%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.71−0.066%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.77−0.026%$132K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.79−0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.53−0.187%$708K$716K10xas long as short
Bitget ORCLUSDT+0.0051%8h149.90+0.060%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0059%1h149.71−0.065%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.810.000%$1.1M$2.2M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.82+0.007%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.810.000%$19110xas long as short
Variational Omni ORCL+0.0250%8h149.79−0.015%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0256%8h149.83+0.014%$2K$177K10xas long as short
Gate ORCL_USDT+0.0279%8h149.89+0.054%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0327%8h149.85+0.026%$25.2M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.79−0.012%$390K$1.3M10xas long as short
KuCoin ORCLUSDTMshort+0.0374%8h149.88+0.047%$262K$276K20x
OKX ORCL-USDT-SWAP+0.0398%8h149.91+0.067%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0481%1h149.71−0.066%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0748%8h149.92+0.074%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0755%8h149.93+0.080%$47K$43K20xas long as short