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+0.0519%/8h= +56.9% APRpaid last 24h +0.106%
Price spread now: BloFin against Lighter+0.020%7-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+0.089%+$9 on $10k
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropLighter: Season 3 · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and BloFin is 0.020% dearer against Lighter than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.089% in total (about 4.6% 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
LongLighter ORCL149.260.0032pay 0.0004% / 1h34m 53s$477K$59K10x
ShortBloFin ORCL-USDT149.290.0551get 0.0551% / 8h34m 53s$47K$44K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin against Lighter. 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
$109.07
Price spread: +0.020% → 0.000%
$2.01
Slippage, 4 orders
no order book: not counted
Fee Lighter: 0 bp × 2 orders
$0
Fee BloFin: 6 bp × 2 orders
−$12
Net
$99.08
Costs to cover
0.120%
Break-even
0.6 days
Slippage unknown: Lighter: live order book, 60 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 Lighter live order book, 60 min ago4.35 bp12.2 bp −$1214.4 bp −$144doesn'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−0.0538%4h149.21−0.031%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.86+0.405%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.32+0.040%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.40+0.094%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32+0.040%$52K$25K20xas long as short
Lighter ORCLlong+0.0032%1h149.26long leg$477K$59K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.134%$20K$9K12xas long as short
Lighter RH ORCL+0.0040%1h149.23−0.020%$622K$316K10xas long as short
Arcus ORCL-USD+0.0040%1h149.12−0.094%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.21−0.033%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.10−0.107%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.12−0.094%$131K$82K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.21−0.033%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.99−0.181%$698K$854K10xas long as short
QFEX ORCL-USD+0.0057%1h149.18−0.054%$1.1M$2.0M10xas long as short
Nado ORCL-PERP+0.0063%1h149.13−0.086%$88K$22K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.25−0.007%$240K$273K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13−0.087%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.16−0.067%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20−0.043%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.22−0.025%$1K$159K10xas long as short
Gate ORCL_USDT+0.0202%8h149.33+0.047%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0239%8h149.20−0.040%$4.9M$6.0M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.18−0.054%$388K$2.1M10xas long as short
Binance ORCLUSDT+0.0264%8h149.22−0.024%$24.9M$36.4M20xas long as short
Phoenix ORCL+0.0483%1h149.14−0.080%$152K$72K10xas long as short
BloFin ORCL-USDTshort+0.0551%8h149.29+0.020%$47K$44K20x
Bybit ORCLUSDT+0.0567%8h149.24−0.013%$4.2M$1.9M50xas long as short