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+0.0214%/8h= +23.4% APRnext payment +$2.14 per $10,000 · paid last 24h +0.067%
Price spread now: BloFin against KuCoin−0.040%80s7-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+0.020%+$2 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. BloFin is 0.040% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 15 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.020% in total) that is about 14 days. The two prices were read 80 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 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.14 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
LongKuCoin ORCLUSDTM149.540.0340pay 0.0340% / 8h5h 25m$260K$268K20x
ShortBloFin ORCL-USDT149.480.0554get 0.0554% / 8h5h 25m$47K$43K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against KuCoin. 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
$44.91
Price spread: −0.040% → 0.000%
−$4.01
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee BloFin: 6 bp × 2 orders
−$12
Net
$16.9
Costs to cover
0.240%
Break-even
4.4 days
Slippage unknown: KuCoin: live order book, 70 min ago; BloFin: no order-book sample. 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 KuCoin live order book, 70 min ago8.03 bp111.7 bp −$112doesn't fitdoesn't fitdoesn't fit
Sell BloFin no order-book sample
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−0.0481%4h149.45−0.059%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.23−0.207%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.64+0.067%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32−0.147%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.39−0.100%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.34−0.134%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.321%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.31−0.154%$87K$79K10xas long as short
Bitget ORCLUSDT+0.0041%8h149.47−0.047%$7.7M$4.0M20xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.42−0.080%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.27−0.181%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.34−0.134%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.39−0.100%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.24−0.201%$698K$723K10xas long as short
Gate ORCL_USDT+0.0056%8h149.49−0.033%$2.3M$2.9M25xas long as short
QFEX ORCL-USD+0.0059%1h149.36−0.120%$1.1M$2.6M10xas long as short
Nado ORCL-PERP+0.0070%1h149.19−0.231%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.39−0.100%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.38−0.107%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0154%8h149.39−0.101%$2K$179K10xas long as short
Variational Omni ORCL+0.0184%8h149.41−0.084%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0253%8h149.45−0.060%$24.9M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.41−0.086%$387K$1.3M10xas long as short
OKX ORCL-USDT-SWAP+0.0337%8h149.47−0.047%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTMlong+0.0340%8h149.54long leg$260K$268K20x
Phoenix ORCL+0.0536%1h149.27−0.181%$153K$75K10xas long as short
BloFin ORCL-USDTshort+0.0554%8h149.48−0.040%$47K$43K20x
Bybit ORCLUSDT+0.0555%8h149.540.000%$3.7M$1.5M50xas long as short