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−0.0208%/8h= −22.8% APRnext payment $2.08 per $10,000 · paid last 24h −0.019%
Price spread now: Orderly against KuCoin−0.127%7-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 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.127% cheaper against KuCoin than usual: you would sell low and buy high (−$13 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin ORCLUSDTM149.290.0308pay 0.0308% / 8h6h 37m$260K$262K20x
ShortOrderly PERP_ORCL_USDC_mythos149.100.0100get 0.0100% / 8h6h 37m$19010x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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
−$43.68
Price spread: −0.127% → 0.000%
−$12.73
Slippage, 4 orders
no order book: not counted
Fee KuCoin: 6 bp × 2 orders
−$12
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$74.41
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: KuCoin: live order book, 73 min ago; Orderly: 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, 73 min ago7.69 bp69.7 bp −$70doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: 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−0.0054%4h149.31+0.016%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.29+0.001%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.37+0.054%$2K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.35+0.040%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.27−0.013%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.19−0.067%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.154%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.16−0.087%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.17−0.080%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.09−0.134%$131K$90K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.15−0.094%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.02−0.181%$710K$679K10xas long as short
Nado ORCL-PERP+0.0056%1h149.05−0.158%$92K$18K10xas long as short
QFEX ORCL-USD+0.0057%1h149.10−0.127%$1.1M$2.8M10xas long as short
tradeXYZ xyz:ORCL+0.0066%1h149.09−0.134%$21.5M$6.7M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13−0.107%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythosshort+0.0100%8h149.10−0.127%$19010x
Gate ORCL_USDT+0.0149%8h149.19−0.067%$2.3M$2.9M25xas long as short
GRVT ORCL_USDT_Perp+0.0187%8h149.26−0.017%$2K$180K10xas long as short
Variational Omni ORCL+0.0200%8h149.22−0.046%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0244%8h149.17−0.080%$24.9M$35.2M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h149.09−0.131%$388K$1.3M10xas long as short
Bitget ORCLUSDT+0.0264%8h149.26−0.020%$7.6M$4.0M20xas long as short
KuCoin ORCLUSDTMlong+0.0308%8h149.29long leg$260K$262K20x
OKX ORCL-USDT-SWAP+0.0322%8h149.23−0.040%$4.9M$5.6M20xas long as short
Bybit ORCLUSDT+0.0496%8h149.24−0.033%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0523%8h149.45+0.107%$47K$43K20xas long as short
Phoenix ORCL+0.0535%1h149.27−0.013%$153K$75K10xas long as short