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+0.0217%/8h= +23.8% APRnext payment +$2.17 per $10,000 · paid last 24h +0.067%
Price spread now: OKX against SunX−0.174%7-day average −0.153% · 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+0.164%+$16 on $10k
Price spread, last 4 days (all we have)−0.009%−$1 · spread now −0.174%, 7d avg −0.153%
Together, before fees+0.155%+$16 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.021% cheaper against SunX than usual: you would sell low and buy high (spread −0.174% now, against its 7-day average of −0.153%). If the spread goes back, that is −$2 on $10k: about 8 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.164% in total) that is about 21 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX ORCL-USDT149.540get 0.0000% / 8h9m 50s$3K$2.7M10x
ShortOKX ORCL-USDT-SWAP149.280.0217get 0.0217% / 8h9m 50s$4.9M$6.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

OKX 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
$45.59
Price spread: −0.174% → −0.153%
−$2.08
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee OKX: 5 bp × 2 orders
−$10
Net
$25.5
Costs to cover
0.180%
Break-even
3.1 days
Slippage unknown: SunX: live order book, 8 min ago; OKX: 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 SunX live order book, 8 min ago29.76 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell OKX live order book, 3 min ago1.67 bp8.2 bp −$816.7 bp −$167doesn'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 ORCLUSDC−0.0330%4h149.29−0.165%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.37−0.111%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.33−0.140%$7.7M$2.7M20xas long as short
SunX ORCL-USDTlong0.0000%8h149.54long leg$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.32−0.147%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.30−0.160%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.31−0.154%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.321%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.18−0.241%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.30−0.160%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.13−0.274%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.23−0.207%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.28−0.174%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.11−0.288%$711K$879K10xas long as short
Nado ORCL-PERP+0.0053%1h149.15−0.264%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.27−0.181%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.30−0.160%$240K$276K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.36−0.120%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.26−0.187%$19010xas long as short
Variational Omni ORCL+0.0174%8h149.22−0.216%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0186%8h149.34−0.135%$1K$155K10xas long as short
Gate ORCL_USDT+0.0205%8h149.34−0.134%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAPshort+0.0217%8h149.28−0.174%$4.9M$6.0M20x
Binance ORCLUSDT+0.0262%8h149.23−0.208%$25.1M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.19−0.231%$390K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14−0.267%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0547%8h149.28−0.174%$4.2M$1.9M50xas long as short
BloFin ORCL-USDT+0.0556%8h149.26−0.187%$47K$45K20xas long as short