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+0.0187%/8h= +20.5% APRpaid last 24h +0.046%
Price spread now: OKX against Injective+0.013%78s7-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+0.048%+$5 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: +$6 a day on $10k at the current rate. The two prices were read 78 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.048% in total (about 2.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongInjective ORCL/USDC PERP149.060.0033pay 0.0004% / 1h2m 04s$20K$9K12x
ShortOKX ORCL-USDT-SWAP149.080.0221get 0.0221% / 8h2m 04s$4.9M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX against Injective. 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
$39.31
Price spread: +0.013% → 0.000%
$1.34
Slippage, 4 orders
no order book: not counted
Fee Injective: 0.01 bp × 2 orders
−$0.02
Fee OKX: 5 bp × 2 orders
−$10
Net
$30.63
Costs to cover
0.100%
Break-even
1.5 days
Slippage unknown: Injective: no order-book sample; OKX: live order book, 6 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 Injective no order-book sample
Sell OKX live order book, 6 min ago0.34 bp11.2 bp −$1121.5 bp −$215doesn't fitdoesn't fit
Injective: 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−0.0768%4h149.12+0.042%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.23+0.116%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.19+0.087%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.31+0.168%$3K$2.6M10xas long as short
HTX ORCL-USDT0.0000%8h149.12+0.040%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.12+0.040%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.08+0.013%$622K$320K10xas long as short
Injective ORCL/USDC PERPlong+0.0033%1h149.06long leg$20K$9K12x
Arcus ORCL-USD+0.0040%1h149.02−0.027%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.04−0.013%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.01−0.034%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.05−0.007%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.09+0.020%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.93−0.087%$710K$873K10xas long as short
QFEX ORCL-USD+0.0057%1h149.11+0.034%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0059%1h148.92−0.097%$88K$22K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.16+0.067%$241K$281K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.00−0.040%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.07+0.007%$19010xas long as short
Variational Omni ORCL+0.0173%8h149.07+0.007%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0189%8h149.11+0.034%$1K$154K10xas long as short
Gate ORCL_USDT+0.0202%8h149.18+0.081%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAPshort+0.0221%8h149.08+0.013%$4.9M$6.0M20x
Binance ORCLUSDT+0.0270%8h149.07+0.007%$25.1M$36.7M20xas long as short
Extended ORCL_24_5-USD+0.0272%1h149.03−0.017%$390K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.05−0.007%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0545%8h149.18+0.081%$47K$45K20xas long as short
Bybit ORCLUSDT+0.0550%8h149.10+0.027%$4.1M$1.9M50xas long as short