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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 10:00 UTC−0.0368%/8h= −40.3% APRpaid last 24h −0.142%
Price spread now: edgeX against Lighter−0.050%79s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$196as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$640.641% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.321%−$132 on $10k
Price spread, last 4 days (all we have)+0.232%+$23 · spread now −0.050%, 7d avg −0.037%
Together, before fees−1.089%+ Points / potential airdropLighter: Season 3 · edgeX: Active · farm board−$109 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.037%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 79 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongLighter ORCL149.450.0032pay 0.0004% / 1h56m 09s$477K$59K10x
ShortedgeX ORCLUSDC149.37−0.0336pay 0.0168% / 4h2h 56m$28K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX 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
−$77.3
Price spread: −0.050% → −0.037%
−$1.33
Slippage, 4 orders
−$55.15
Fee Lighter: 0 bp × 2 orders
$0
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$142.77
Costs to cover
0.641%
Break-even
never at this rate
Slippage from Lighter: live order book, 29 min ago; edgeX: live order book, 36 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 Lighter live order book, 29 min ago10.09 bp14.1 bp −$1418.1 bp −$181doesn't fitdoesn't fit
Sell edgeX live order book, 36 min ago5.38 bp10.5 bp −$1018.1 bp −$181doesn'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 ORCLUSDCshort−0.0336%4h149.37−0.050%$28K$213K10x
Aster ORCLUSDT0.0000%8h149.18−0.181%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.41−0.027%$7.7M$2.5M20xas long as short
SunX ORCL-USDT0.0000%8h149.61+0.107%$2K$2.5M10xas long as short
HTX ORCL-USDT0.0000%8h149.56+0.074%$52K$24K20xas long as short
Lighter ORCLlong+0.0032%1h149.45long leg$477K$59K10x
Injective ORCL/USDC PERP+0.0033%1h149.06−0.261%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.43−0.013%$55K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.30−0.100%$131K$70K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.31−0.094%$30K$3K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Ondo Perps ORCL-USD.P+0.0050%1h149.14−0.207%$715K$851K10xas long as short
QFEX ORCL-USD+0.0075%1h149.31−0.094%$1.1M$1.9M10xas long as short
Lighter RH ORCL+0.0088%1h149.34−0.074%$607K$277K10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.41−0.027%$243K$357K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.22−0.154%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.34−0.074%$19010xas long as short
Nado ORCL-PERP+0.0107%1h149.33−0.083%$88K$22K10xas long as short
Variational Omni ORCL+0.0155%8h149.36−0.062%$1.2M$416Kas long as short
OKX ORCL-USDT-SWAP+0.0205%8h149.33−0.080%$5.0M$6.0M20xas long as short
tradeXYZ xyz:ORCL+0.0221%1h149.25−0.134%$21.8M$6.8M10xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.31−0.096%$388K$2.1M10xas long as short
Binance ORCLUSDT+0.0265%8h149.34−0.074%$25.2M$35.8M20xas long as short
GRVT ORCL_USDT_Perp+0.0280%8h149.35−0.067%$1K$144K10xas long as short
Gate ORCL_USDT+0.0313%8h149.40−0.033%$2.3M$2.8M25xas long as short
Arcus ORCL-USD+0.0415%1h149.31−0.094%$86K$79K10xas long as short
Phoenix ORCL+0.0537%1h149.30−0.100%$153K$72K10xas long as short
Bybit ORCLUSDT+0.0664%8h149.37−0.054%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0705%8h149.34−0.074%$48K$45K20xas long as short