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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0286%/8h= +31.3% APRnext payment +$2.86 per $10,000 · paid last 24h +0.050%
Price spread now: Binance against Orderly+0.041%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 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 for this trade now. Funding pays +$9 a day on $10k at the current rate, and Binance is 0.041% dearer against Orderly than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongOrderly PERP_ORCL_USDC_mythos149.740.0100pay 0.0100% / 8h5h 46m$19010x
ShortBinance ORCLUSDT149.800.0386get 0.0386% / 8h5h 46m$25.3M$35.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against Orderly. 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
$59.98
Price spread: +0.041% → 0.000%
$4.1
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Binance: 5 bp × 2 orders
−$10
Net
$48.07
Costs to cover
0.160%
Break-even
1.4 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 3 min ago. 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 Orderly no order-book sample
Sell Binance live order book, 3 min ago0.33 bp8.0 bp −$816.1 bp −$16180.8 bp −$8,078doesn't fit
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 exchanges

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−0.0589%4h149.65−0.062%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.58−0.108%$105K$22K20xas long as short
SunX ORCL-USDT0.0000%8h150.01+0.180%$2K$2.4M10xas long as short
Bitget ORCLUSDT+0.0012%8h149.85+0.073%$7.7M$2.4M20xas long as short
Lighter ORCL+0.0032%1h149.88+0.093%$478K$59K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.454%$20K$9K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.83+0.060%$37K25xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.81+0.047%$699K$832K10xas long as short
QFEX ORCL-USD+0.0079%1h149.740.000%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.75+0.007%$242K$435K20xas long as short
Show all 28 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
ApeX Omni ORACLEUSDT+0.0100%1h149.61−0.087%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.74long leg$19010x
Polymarket Perps ORCL-USD+0.0109%1h149.72−0.013%$131K$69K10xas long as short
HTX ORCL-USDT+0.0164%8h149.59−0.100%$52K$24K20xas long as short
Nado ORCL-PERP+0.0164%1h149.65−0.060%$88K$22K10xas long as short
SoDEX ORCL-USD+0.0218%1h149.76+0.013%$30K$3K10xas long as short
OKX ORCL-USDT-SWAP+0.0245%8h149.78+0.027%$5.0M$6.1M20xas long as short
Lighter RH ORCL+0.0264%1h149.80+0.040%$623K$294K10xas long as short
Variational Omni ORCL+0.0274%8h149.71−0.022%$1.2M$399Kas long as short
tradeXYZ xyz:ORCL+0.0330%1h149.70−0.027%$21.9M$6.7M10xas long as short
Gate ORCL_USDT+0.0377%8h149.89+0.100%$2.3M$2.8M25xas long as short
Extended ORCL_24_5-USD+0.0384%1h149.76+0.014%$390K$2.1M10xas long as short
Binance ORCLUSDTshort+0.0386%8h149.80+0.041%$25.3M$35.3M20x
Arcus ORCL-USD+0.0445%1h149.70−0.027%$87K$71K10xas long as short
GRVT ORCL_USDT_Perp+0.0619%8h149.93+0.127%$1K$136K10xas long as short
Bybit ORCLUSDT+0.0741%8h149.83+0.060%$4.2M$1.8M50xas long as short
Phoenix ORCL+0.0749%1h149.67−0.047%$153K$72K10xas long as short
BloFin ORCL-USDT+0.0756%8h149.88+0.093%$48K$44K20xas long as short