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+0.0035%/8h= +3.8% APRnext payment +$0.35 per $10,000 · paid last 24h +0.066%
Price spread now: Gate against Orderly+0.074%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 +$1 a day on $10k at the current rate, and Gate is 0.074% dearer against Orderly than usual: you sell high and buy low: +$7 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_mythos149.280.0100pay 0.0100% / 8h6h 15m$19010x
ShortGate ORCL_USDT149.390.0135get 0.0135% / 8h6h 15m$2.3M$2.9M25x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$7.35
Price spread: +0.074% → 0.000%
$7.37
Slippage, 4 orders
no order book: not counted
Fee Orderly: 3 bp × 2 orders
−$6
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$6.28
Costs to cover
0.210%
Break-even
13.0 days
Slippage unknown: Orderly: no order-book sample; Gate: 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 Gate live order book, 3 min ago2.34 bp13.4 bp −$1323.6 bp −$236doesn't fitdoesn'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 27 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−0.0864%4h149.33+0.036%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.21−0.048%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.52+0.161%$2K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.087%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.37+0.060%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.30+0.013%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.147%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.25−0.020%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.31+0.020%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.22−0.040%$131K$90K10xas long as short
Show all 27 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.30+0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.11−0.114%$711K$679K10xas long as short
QFEX ORCL-USD+0.0057%1h149.25−0.020%$1.1M$2.7M10xas long as short
Nado ORCL-PERP+0.0079%1h149.22−0.043%$92K$18K10xas long as short
tradeXYZ xyz:ORCL+0.0092%1h149.21−0.047%$21.5M$6.7M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.25−0.020%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythoslong+0.0100%8h149.28long leg$19010x
Gate ORCL_USDTshort+0.0135%8h149.39+0.074%$2.3M$2.9M25x
Bitget ORCLUSDT+0.0170%8h149.39+0.074%$7.7M$4.0M20xas long as short
Variational Omni ORCL+0.0200%8h149.28−0.002%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0204%8h149.39+0.072%$2K$180K10xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.26−0.011%$387K$1.3M10xas long as short
Binance ORCLUSDT+0.0257%8h149.30+0.013%$24.9M$35.4M20xas long as short
KuCoin ORCLUSDTM+0.0318%8h149.46+0.121%$261K$264K20xas long as short
OKX ORCL-USDT-SWAP+0.0339%8h149.39+0.074%$4.9M$5.7M20xas long as short
Phoenix ORCL+0.0535%1h149.34+0.040%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0536%8h149.42+0.094%$3.5M$1.4M50xas long as short