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−0.0262%/8h= −28.7% APRpaid last 24h −0.159%
Price spread now: edgeX against SunX−0.062%74s7-day average −0.168% · you buy dearer than you sell
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 7 days−1.160%−$116 on $10k
Price spread, last 4 days (all we have)−0.101%−$10 · spread now −0.062%, 7d avg −0.168%
Together, before fees−1.261%+ Points / potential airdropedgeX: Active · farm board−$126 on $10k · with fees, hour by hour
The price spread pays, funding is against you. edgeX is 0.106% dearer against SunX than usual: you sell high and buy low (spread −0.062% now, against its 7-day average of −0.168%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 32 hours. At the pace of the last 7 days (−1.160% in total) that is about 15 hours. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.120get 0.0000% / 8h2h 26m$3K$2.7M10x
ShortedgeX ORCLUSDC149.03−0.0262pay 0.0131% / 4h2h 26m$28K$213K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

edgeX against SunX. 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
−$55.07
Price spread: −0.062% → −0.168%
$10.55
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee edgeX: 4.5 bp × 2 orders
−$9
Net
−$61.52
Costs to cover
0.170%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 11 min ago; edgeX: live order book, 21 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 SunX live order book, 11 min ago14.74 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell edgeX live order book, 21 min ago6.02 bp11.2 bp −$1119.1 bp −$191doesn't fitdoesn't fit

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 ORCLUSDCshort−0.0262%4h149.03−0.062%$28K$213K10x
Aster ORCLUSDT0.0000%8h149.03−0.060%$97K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h148.98−0.094%$7.6M$3.8M20xas long as short
SunX ORCL-USDTlong0.0000%8h149.12long leg$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.23+0.074%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h148.90−0.148%$472K$51K10xas long as short
Lighter RH ORCL+0.0032%1h148.87−0.168%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.040%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h148.83−0.194%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.93−0.127%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h148.80−0.215%$21.5M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.84−0.188%$130K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.85−0.181%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.70−0.282%$687K$877K10xas long as short
QFEX ORCL-USD+0.0058%1h148.88−0.161%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0059%1h148.79−0.220%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.97−0.101%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.84−0.188%$18910xas long as short
GRVT ORCL_USDT_Perp+0.0158%8h149.03−0.060%$1K$175K10xas long as short
Variational Omni ORCL+0.0200%8h148.97−0.103%$1.3M$368Kas long as short
Gate ORCL_USDT+0.0263%8h148.96−0.107%$2.3M$3.0M25xas long as short
KuCoin ORCLUSDTM+0.0263%8h148.94−0.121%$240K$287K20xas long as short
Binance ORCLUSDT+0.0270%8h148.89−0.152%$25.0M$35.9M20xas long as short
Extended ORCL_24_5-USD+0.0272%1h148.85−0.179%$386K$1.6M10xas long as short
OKX ORCL-USDT-SWAP+0.0306%8h148.88−0.161%$4.9M$6.0M20xas long as short
Phoenix ORCL+0.0428%1h148.79−0.221%$152K$75K10xas long as short
Bybit ORCLUSDT+0.0625%8h148.96−0.107%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0636%8h148.95−0.114%$47K$43K20xas long as short