Spread before costs (cost unknown: a leg has no order-book sample)+0.095%
7d average—if it closes, per $10,000$9funding while held, a day−$2.16
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Nado ORCL-PERP | 149.17 | 0.0122 | pay 0.0015% / 1h | 1m 22s | $93K | $18K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.31 | 0.0050 | get 0.0006% / 1h | 1m 22s | $21.7M | $8.3M | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- $9.49
- Funding while held
- −$2.16
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$17.68
- Spread needed to break even
- 0.250%
Slippage unknown: Nado: no order-book sample; tradeXYZ: live order book, 9 min ago. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0072%
- Per $10,000 a day
- −$2.16
- Average in range /8h
- —
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Nado no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 9 min ago | 0.67 bp | 10.7 bp −$11 | 11.3 bp −$113 | doesn't fit | doesn't fit |
Nado: 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 price on every exchange
against the cheapest. Click to use as the short leg.ORCL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Phoenix ORCL | −0.133% | +0.0587% | 1h | $149K | $101K | 10x | as long as short |
| Variational Omni ORCL | −0.111% | +0.0112% | 8h | $1.3M | $271K | — | as long as short |
| edgeX ORCLUSDC | −0.098% | −0.0566% | 4h | $29K | $214K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | −0.086% | +0.0100% | 1h | $22K | $267K | 50x | as long as short |
| Injective ORCL/USDC PERP | −0.073% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
| BloFin ORCL-USDT | −0.073% | +0.0413% | 8h | $48K | $51K | 20x | as long as short |
| HTX ORCL-USDT | −0.039% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERPlong | 0.000% | +0.0122% | 1h | $93K | $18K | 10x | |
| Ondo Perps ORCL-USD.P | +0.028% | +0.0050% | 1h | $729K | $580K | 10x | as long as short |
| SunX ORCL-USDT | +0.055% | 0.0000% | 8h | $2K | $2.9M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLshort | +0.095% | +0.0050% | 1h | $21.7M | $8.3M | 10x | |
| Polymarket Perps ORCL-USD | +0.095% | +0.0050% | 1h | $131K | $119K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.115% | +0.0258% | 8h | $4.7M | $5.4M | 20x | as long as short |
| Vest ORCL-USD-PERP | +0.115% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Arcus ORCL-USD | +0.122% | +0.0070% | 1h | $79K | $81K | 10x | as long as short |
| Bitget ORCLUSDT | +0.128% | +0.0617% | 8h | $7.5M | $4.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.137% | +0.0232% | 1h | $387K | $1.4M | 10x | as long as short |
| QFEX ORCL-USD | +0.142% | +0.0043% | 1h | $1.1M | $2.5M | 10x | as long as short |
| SoDEX ORCL-USD | +0.142% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| Gate ORCL_USDT | +0.155% | 0.0000% | 8h | $2.2M | $2.9M | 25x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.155% | +0.0100% | 8h | $190 | — | 10x | as long as short |
| Binance ORCLUSDT | +0.162% | +0.0235% | 8h | $24.7M | $32.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.169% | +0.0427% | 8h | $3.4M | $1.4M | 50x | as long as short |
| Lighter RH ORCL | +0.182% | +0.0032% | 1h | $632K | $460K | 10x | as long as short |
| Lighter ORCL | +0.189% | +0.0032% | 1h | $474K | $7K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.222% | +0.0100% | 8h | $259K | $121K | 20x | as long as short |
| Aster ORCLUSDT | +0.245% | +0.0047% | 8h | $94K | $15K | 20x | as long as short |
tradeXYZ xyz:ORCL
Phoenix
Variational Omni
ApeX Omni
Injective
BloFin
HTX
SunX
Polymarket Perps
OKX
Bitget
Extended
SoDEX
Gate
Binance
Bybit
Lighter RH
Lighter
KuCoin
Aster