Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%

Price spread now: SoDEX against SunX−0.160%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SunX Short on SoDEX

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 days—no price history on both exchanges yet

Together, before fees—needs both histories

Funding pays, the price is against you. SoDEX is 0.160% cheaper against SunX than usual: you would sell low and buy high (spread −0.160% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$16 on $10k: about 11 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX ORCL-USDT	150.09	0	get 0.0000% / 8h	4h 09m	$3K	$2.7M	10x
Short	SoDEX ORCL-USD	149.85	0.0050	get 0.0006% / 1h	9m 14s	$30K	$3K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SoDEX 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

Position, each leg$Hold fordaysFee SunXbpFee SoDEXbpOrdersPrice spread, now −0.160%Rate

Funding earned: $10.5
Price spread: −0.160% → 0.000%: −$15.99
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee SoDEX: 4 bp × 2 orders: −$8
Net: −$21.49
Costs to cover: 0.160%
Break-even: 21.3 days

Slippage unknown: SunX: live order book, 8 min ago; SoDEX: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again

Leg	Half-spread	$10k	$100k	$1M	$5M
Buy SunX live order book, 8 min ago	29.98 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell SoDEX no order-book sample	—	—	—	—	—

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.

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
edgeX ORCLUSDC	−0.0796%	4h	149.79	−0.199%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.73	−0.243%	$94K	$16K	20x	as long as short
SunX ORCL-USDTlong	0.0000%	8h	150.09	long leg	$3K	$2.7M	10x
HTX ORCL-USDT	0.0000%	8h	149.84	−0.167%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.90	−0.127%	$475K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.84	−0.167%	$625K	$314K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.686%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.73	−0.240%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.87	−0.147%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.73	−0.240%	$21.7M	$6.8M	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Bitget ORCLUSDT	+0.0050%	8h	149.90	−0.127%	$7.7M	$3.9M	20x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.80	−0.193%	$132K	$90K	10x	as long as short
SoDEX ORCL-USDshort	+0.0050%	1h	149.85	−0.160%	$30K	$3K	10x
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.53	−0.373%	$708K	$716K	10x	as long as short
Nado ORCL-PERP	+0.0059%	1h	149.71	−0.252%	$91K	$20K	10x	as long as short
QFEX ORCL-USD	+0.0080%	1h	149.81	−0.187%	$1.1M	$2.2M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.72	−0.247%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.84	−0.167%	$191	—	10x	as long as short
Variational Omni ORCL	+0.0250%	8h	149.79	−0.202%	$1.3M	$363K	—	as long as short
GRVT ORCL_USDT_Perp	+0.0252%	8h	149.85	−0.162%	$2K	$177K	10x	as long as short
Gate ORCL_USDT	+0.0283%	8h	149.93	−0.107%	$2.3M	$3.0M	25x	as long as short
Binance ORCLUSDT	+0.0328%	8h	149.88	−0.142%	$25.2M	$35.4M	20x	as long as short
Extended ORCL_24_5-USD	+0.0328%	1h	149.84	−0.167%	$390K	$1.3M	10x	as long as short
KuCoin ORCLUSDTM	+0.0375%	8h	149.89	−0.133%	$262K	$276K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0399%	8h	149.91	−0.120%	$5.0M	$5.8M	20x	as long as short
Phoenix ORCL	+0.0481%	1h	149.77	−0.213%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0751%	8h	149.97	−0.080%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0755%	8h	149.95	−0.093%	$47K	$43K	20x	as long as short