data as of
Settings8H · net · $10k
Price arb /

ORCL

RWAall ORCL markets
SwapFunding view
Alert
After costs, if the gap returns to its 7d average, $10k−$54
spread now−0.194%7d average+0.021%fees + slippage, in and out−$33spread needed0.325%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ORCL149.290.0484pay 0.0061% / 1h29m 18s$145K$54K10x
ShortQFEX ORCL-USD149.000.0059get 0.0007% / 1h29m 18s$1.1M$2.2M10x

Price spread history

latest
Range statsloading…

How often the spread is this wide

share of time at each level, last 7D

Backtest

opened in the past, held until now, after costs
Backtest 7 daysBacktest 30 daysBacktest 90 daysopens the backtester with this pair and $10,000 a leg

Profit calculator

Spread captured
−$19.43
Funding while held
−$12.77
Slippage, 4 orders
−$15.54
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$64.73
Spread needed to break even
0.325%
Slippage from Phoenix: live order book, 27 min ago; QFEX: live order book, 5 min ago.

Cost of waiting

funding view
Funding /8h
−0.0426%
Per $10,000 a day
$12.77
Average in range /8h

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Phoenix live order book, 27 min ago2.69 bp10.2 bp −$1020.9 bp −$209doesn't fitdoesn't fit
Sell QFEX live order book, 5 min ago1.01 bp6.0 bp −$67.0 bp −$70doesn't fitdoesn't fit

ORCL price on every exchange

against the cheapest. Click to use as the short leg.

ORCL on 27 venues

cheapest first. Swap a leg.
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Ondo Perps ORCL-USD.P−0.643%+0.0050%1h$661K$353K10xas long as short
Lighter RH ORCL−0.556%+0.0032%1h$587K$276K10xas long as short
OKX ORCL-USDT-SWAP−0.543%+0.0213%8h$4.6M$2.5M20xas long as short
tradeXYZ xyz:ORCL−0.529%+0.0050%1h$20.7M$4.6M10xas long as short
Bybit ORCLUSDT−0.489%+0.0435%8h$3.2M$857K50xas long as short
SoDEX ORCL-USD−0.489%+0.0050%1h$30K$3K10xas long as short
Extended ORCL_24_5-USD−0.488%+0.0344%1h$388K$1.4M10xas long as short
Binance ORCLUSDT−0.485%+0.0340%8h$24.4M$13.7M20xas long as short
Lighter ORCL−0.482%+0.0032%1h$470K$6K10xas long as short
Bitget ORCLUSDT−0.449%+0.0799%8h$7.5M$4.1M20xas long as short
Show all 27 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Orderly PERP_ORCL_USDC_mythos−0.449%+0.0100%8h$18910xas long as short
BloFin ORCL-USDT−0.435%+0.0427%8h$48K$40K20xas long as short
Nado ORCL-PERP−0.414%−0.0038%1h$95K$18K10xas long as short
Polymarket Perps ORCL-USD−0.375%+0.0050%1h$127K$66K10xas long as short
Arcus ORCL-USD−0.328%+0.0481%1h$69K$25K10xas long as short
SunX ORCL-USDT−0.328%0.0000%8h$3K$1.3M10xas long as short
Gate ORCL_USDT−0.281%+0.0291%8h$2.2M$1.5M25xas long as short
Aster ORCLUSDT−0.236%0.0000%8h$90K$11K20xas long as short
Vest ORCL-USD-PERP−0.234%+0.0046%1h$127K25xas long as short
QFEX ORCL-USDshort−0.194%+0.0059%1h$1.1M$2.2M10x
KuCoin ORCLUSDTM−0.174%+0.0100%8h$224K$71K20xas long as short
Injective ORCL/USDC PERP−0.154%+0.0033%1h$20K$136K12xas long as short
edgeX ORCLUSDC−0.125%−0.0667%4h$29K$211K10xas long as short
HTX ORCL-USDT−0.100%0.0000%8h$51K$23K20xas long as short
Variational Omni ORCL−0.066%+0.0234%8h$1.2M$184Kas long as short
Phoenix ORCLlong0.000%+0.0484%1h$145K$54K10x
ApeX Omni ORACLEUSDT+0.040%+0.0100%1h$22K$267K50xas long as short