Spread before costs (cost unknown: a leg has no order-book sample)−0.049%
7d average—if it closes, per $10,000$5funding while held, a day−$4.06
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 148.75 | 0.0264 | pay 0.0264% / 8h | 5h 07m | $4.7M | $5.5M | 20x |
| Short | Nado ORCL-PERP | 148.68 | 0.0129 | get 0.0016% / 1h | 7m 52s | $93K | $18K | 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
- −$4.92
- Funding while held
- −$4.06
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$25.98
- Spread needed to break even
- 0.170%
Slippage unknown: OKX: live order book, 1 min ago; Nado: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0135%
- Per $10,000 a day
- −$4.06
- 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 OKX live order book, 1 min ago | 1.68 bp | 11.8 bp −$12 | 21.3 bp −$213 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
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 | |
|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | −0.061% | +0.0050% | 1h | $21.6M | $8.6M | 10x | as long as short |
| Nado ORCL-PERPshort | −0.049% | +0.0129% | 1h | $93K | $18K | 10x | |
| Phoenix ORCL | −0.047% | +0.0482% | 1h | $149K | $101K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | −0.040% | +0.0050% | 1h | $736K | $628K | 10x | as long as short |
| QFEX ORCL-USD | −0.040% | +0.0061% | 1h | $1.1M | $2.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | −0.040% | +0.0050% | 1h | $130K | $119K | 10x | as long as short |
| Extended ORCL_24_5-USD | −0.014% | +0.0216% | 1h | $385K | $1.4M | 10x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | −0.007% | +0.0100% | 8h | $189 | — | 10x | as long as short |
| OKX ORCL-USDT-SWAPlong | 0.000% | +0.0264% | 8h | $4.7M | $5.5M | 20x | |
| Arcus ORCL-USD | 0.000% | +0.0349% | 1h | $78K | $81K | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Binance ORCLUSDT | +0.007% | +0.0211% | 8h | $24.7M | $34.4M | 20x | as long as short |
| Gate ORCL_USDT | +0.013% | 0.0000% | 8h | $2.2M | $3.0M | 25x | as long as short |
| SoDEX ORCL-USD | +0.013% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| Lighter RH ORCL | +0.020% | +0.0032% | 1h | $622K | $475K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.020% | +0.0103% | 8h | $258K | $140K | 20x | as long as short |
| Bitget ORCLUSDT | +0.020% | +0.0572% | 8h | $7.5M | $4.8M | 20x | as long as short |
| Vest ORCL-USD-PERP | +0.020% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Bybit ORCLUSDT | +0.034% | +0.0442% | 8h | $3.3M | $1.5M | 50x | as long as short |
| Lighter ORCL | +0.061% | +0.0032% | 1h | $472K | $51K | 10x | as long as short |
| edgeX ORCLUSDC | +0.145% | −0.0824% | 4h | $29K | $213K | 10x | as long as short |
| SunX ORCL-USDT | +0.148% | 0.0000% | 8h | $2K | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.149% | +0.0103% | 8h | $1.3M | $270K | — | as long as short |
| ApeX Omni ORACLEUSDT | +0.155% | +0.0100% | 1h | $22K | $268K | 50x | as long as short |
| BloFin ORCL-USDT | +0.155% | +0.0474% | 8h | $2K | $52K | 20x | as long as short |
| Injective ORCL/USDC PERP | +0.208% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
| HTX ORCL-USDT | +0.208% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| Aster ORCLUSDT | +0.287% | +0.0081% | 8h | $93K | $16K | 20x | as long as short |
OKX ORCL-USDT-SWAP
tradeXYZ
Phoenix
Polymarket Perps
Extended
Binance
Gate
SoDEX
Lighter RH
KuCoin
Bitget
Bybit
Lighter
SunX
Variational Omni
ApeX Omni
BloFin
Injective
HTX
Aster