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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0726%/8h= +79.5% APRpaid last 24h +0.147%
Price spread now: Lighter against edgeX+0.098%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costs+$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$550.552% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.292%+$129 on $10k
Price spread, last 3 days (all we have)−0.158%−$16 · spread now +0.098%, 7d avg +0.036%
Together, before fees+1.134%+ Points / potential airdropedgeX: Active · Lighter: Season 3 · farm board+$113 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Lighter is 0.062% dearer against edgeX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.036%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.52−0.0694get 0.0347% / 4h3h 47m$28K$214K10x
ShortLighter ORCL149.670.0032get 0.0004% / 1h47m 34s$474K$50K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Lighter 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
$152.38
Price spread: +0.098% → +0.036%
$6.24
Slippage, 4 orders
−$46.17
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Lighter: 0 bp × 2 orders
$0
Net
$103.45
Costs to cover
0.552%
Break-even
2.2 days
Slippage from edgeX: live order book, 24 min ago; Lighter: live order book, 17 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, 24 min ago5.69 bp10.9 bp −$1118.0 bp −$180doesn't fitdoesn't fit
Sell Lighter live order book, 17 min ago4.01 bp16.7 bp −$1723.4 bp −$234doesn'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−0.0694%4h149.52long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.62+0.066%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.87+0.232%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.41−0.076%$52K$22K20xas long as short
Lighter ORCLshort+0.0032%1h149.67+0.098%$474K$50K10x
Lighter RH ORCL+0.0032%1h149.59+0.044%$622K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.310%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.56+0.024%$127K25xas long as short
SoDEX ORCL-USD+0.0050%1h149.61+0.058%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.39−0.089%$702K$700K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ORCL-PERP+0.0051%1h149.43−0.062%$92K$18K10xas long as short
QFEX ORCL-USD+0.0075%1h149.56+0.024%$1.1M$2.9M10xas long as short
Polymarket Perps ORCL-USD+0.0099%1h149.54+0.011%$131K$93K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.22−0.203%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.57+0.031%$19010xas long as short
Variational Omni ORCL+0.0143%8h149.30−0.148%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0189%8h149.65+0.085%$2.3M$2.9M25xas long as short
GRVT ORCL_USDT_Perp+0.0190%8h149.36−0.108%$1K$192K10xas long as short
Binance ORCLUSDT+0.0199%8h149.60+0.051%$25.1M$35.1M20xas long as short
Extended ORCL_24_5-USD+0.0200%1h149.57+0.031%$386K$1.6M10xas long as short
tradeXYZ xyz:ORCL+0.0210%1h149.46−0.042%$21.5M$7.0M10xas long as short
KuCoin ORCLUSDTM+0.0293%8h149.55+0.018%$261K$252K20xas long as short
OKX ORCL-USDT-SWAP+0.0322%8h149.65+0.085%$4.8M$5.5M20xas long as short
Bitget ORCLUSDT+0.0411%8h149.66+0.091%$7.6M$4.1M20xas long as short
Arcus ORCL-USD+0.0467%1h149.41−0.076%$87K$80K10xas long as short
BloFin ORCL-USDT+0.0583%8h149.35−0.116%$47K$51K20xas long as short
Bybit ORCLUSDT+0.0612%8h149.67+0.098%$3.5M$1.4M50xas long as short
Phoenix ORCL+0.0697%1h149.31−0.143%$150K$84K10xas long as short