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−$14
spread now+0.262%7d average−0.052%fees + slippage, in and out−$45spread needed0.450%
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPhoenix ORCL148.920.0591pay 0.0074% / 1h7m 39s$145K$96K10x
ShorttradeXYZ xyz:ORCL149.310.0060get 0.0008% / 1h7m 39s$22.1M$7.6M10x

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
$26.19
Funding while held
−$15.93
Slippage, 4 orders
−$19.97
Fee Phoenix: 3.5 bp × 2 orders
−$7
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$34.7
Spread needed to break even
0.450%
Slippage from Phoenix: live order book, 33 min ago; tradeXYZ: live order book, 2 min ago.

Cost of waiting

funding view
Funding /8h
−0.0531%
Per $10,000 a day
$15.93
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, 33 min ago2.69 bp10.8 bp −$1123.0 bp −$230doesn't fitdoesn't fit
Sell tradeXYZ live order book, 2 min ago1.01 bp11.0 bp −$1113.5 bp −$135doesn'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
ApeX Omni ORACLEUSDT−0.107%+0.0100%1h$22K$268K50xas long as short
Phoenix ORCLlong0.000%+0.0591%1h$145K$96K10x
Variational Omni ORCL+0.036%+0.0213%8h$1.3M$264Kas long as short
Injective ORCL/USDC PERP+0.094%+0.0033%1h$20K$84K12xas long as short
HTX ORCL-USDT+0.101%0.0000%8h$52K$22K20xas long as short
edgeX ORCLUSDC+0.141%−0.0666%4h$29K$213K10xas long as short
BloFin ORCL-USDT+0.154%+0.0448%8h$48K$49K20xas long as short
Nado ORCL-PERP+0.177%+0.0071%1h$94K$18K10xas long as short
Aster ORCLUSDT+0.184%+0.0020%8h$93K$15K20xas long as short
Ondo Perps ORCL-USD.P+0.201%+0.0050%1h$704K$523K10xas long as short
Show all 27 venues
Exchangevs long legFunding /8hEveryOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.208%+0.0050%1h$131K$115K10xas long as short
Orderly PERP_ORCL_USDC_mythos+0.235%+0.0100%8h$19010xas long as short
Arcus ORCL-USD+0.255%+0.0749%1h$72K$70K10xas long as short
tradeXYZ xyz:ORCLshort+0.262%+0.0060%1h$22.1M$7.6M10x
Vest ORCL-USD-PERP+0.262%+0.0046%1h$127K25xas long as short
SoDEX ORCL-USD+0.289%+0.0050%1h$30K$3K10xas long as short
Gate ORCL_USDT+0.295%0.0000%8h$2.2M$2.8M25xas long as short
Binance ORCLUSDT+0.301%+0.0305%8h$24.8M$31.1M20xas long as short
QFEX ORCL-USD+0.302%+0.0070%1h$1.1M$2.5M10xas long as short
KuCoin ORCLUSDTM+0.316%+0.0100%8h$259K$97K20xas long as short
Extended ORCL_24_5-USD+0.316%+0.0304%1h$387K$1.4M10xas long as short
OKX ORCL-USDT-SWAP+0.322%+0.0259%8h$4.7M$5.3M20xas long as short
Lighter RH ORCL+0.329%+0.0032%1h$601K$420K10xas long as short
Lighter ORCL+0.342%+0.0032%1h$474K$7K10xas long as short
Bybit ORCLUSDT+0.342%+0.0437%8h$3.4M$1.4M50xas long as short
Bitget ORCLUSDT+0.356%+0.0698%8h$7.5M$4.8M20xas long as short
SunX ORCL-USDT+0.463%0.0000%8h$3K$2.9M10xas long as short