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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 01:00 UTC+0.0522%/8h= +57.1% APRpaid last 24h +0.100%
Price spread now: Bybit against SoDEX+0.053%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 3 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 +$16 a day on $10k at the current rate, and Bybit is 0.053% dearer against SoDEX than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSoDEX ORCL-USD149.610.0050pay 0.0006% / 1h47m 44s$30K$3K10x
ShortBybit ORCLUSDT149.690.0572get 0.0572% / 8h7h 47m$3.5M$1.4M50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against SoDEX. 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
$109.55
Price spread: +0.053% → 0.000%
$5.35
Slippage, 4 orders
no order book: not counted
Fee SoDEX: 4 bp × 2 orders
−$8
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
$95.9
Costs to cover
0.190%
Break-even
0.9 days
Slippage unknown: SoDEX: no order-book sample; Bybit: live order book, 5 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 SoDEX no order-book sample
Sell Bybit live order book, 5 min ago0.34 bp13.9 bp −$1430.8 bp −$308doesn't fitdoesn't fit
SoDEX: 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 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−0.0886%4h149.38−0.155%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.63+0.014%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.87+0.174%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.41−0.134%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h149.67+0.040%$474K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.63+0.013%$622K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.368%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.56−0.033%$127K25xas long as short
SoDEX ORCL-USDlong+0.0050%1h149.61long leg$30K$3K10x
Ondo Perps ORCL-USD.P+0.0050%1h149.39−0.147%$702K$705K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Nado ORCL-PERP+0.0051%1h149.43−0.119%$92K$18K10xas long as short
QFEX ORCL-USD+0.0075%1h149.56−0.033%$1.1M$2.9M10xas long as short
Polymarket Perps ORCL-USD+0.0099%1h149.54−0.047%$131K$93K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.22−0.261%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.57−0.027%$19010xas long as short
Variational Omni ORCL+0.0143%8h149.30−0.206%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0166%8h149.66+0.033%$2.3M$2.9M25xas long as short
GRVT ORCL_USDT_Perp+0.0190%8h149.36−0.166%$1K$192K10xas long as short
Binance ORCLUSDT+0.0197%8h149.65+0.026%$25.1M$35.1M20xas long as short
Extended ORCL_24_5-USD+0.0200%1h149.610.000%$386K$1.6M10xas long as short
tradeXYZ xyz:ORCL+0.0210%1h149.46−0.100%$21.5M$7.0M10xas long as short
KuCoin ORCLUSDTM+0.0289%8h149.55−0.040%$260K$252K20xas long as short
OKX ORCL-USDT-SWAP+0.0322%8h149.65+0.027%$4.8M$5.5M20xas long as short
Bitget ORCLUSDT+0.0405%8h149.69+0.053%$7.6M$4.1M20xas long as short
Arcus ORCL-USD+0.0467%1h149.35−0.174%$87K$80K10xas long as short
Bybit ORCLUSDTshort+0.0572%8h149.69+0.053%$3.5M$1.4M50x
BloFin ORCL-USDT+0.0583%8h149.35−0.174%$47K$51K20xas long as short
Phoenix ORCL+0.0697%1h149.31−0.201%$150K$84K10xas long as short