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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC−0.0146%/8h= −16.0% APRpaid last 24h −0.026%
Price spread now: Nado against Variational Omni−0.065%7-day average · 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 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before fees+ Points / potential airdropVariational Omni: Active · Nado: Active · farm boardneeds both histories
Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Nado is 0.065% cheaper against Variational Omni than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongVariational Omni ORCL149.220.0200pay 0.0200% / 8h6h 39m$1.3M$363K
ShortNado ORCL-PERP149.130.0053get 0.0007% / 1h39m 04s$92K$18K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Nado against Variational Omni. 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
−$30.7
Price spread: −0.065% → 0.000%
−$6.49
Slippage, 4 orders
no order book: not counted
Fee Variational Omni: 0 bp × 2 orders
$0
Fee Nado: 3.5 bp × 2 orders
−$7
Net
−$44.19
Costs to cover
0.070%
Break-even
never at this rate
Slippage unknown: Variational Omni: RFQ quote, 5 min ago; Nado: 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
LegHalf-spread$10k$100k$1M$5M
Buy Variational Omni RFQ quote, 5 min ago3.75 bpdoesn't fit23.8 bp −$238doesn't fitdoesn't fit
Sell Nado no order-book sample
Nado: 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−0.0054%4h149.31+0.062%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.31+0.060%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.42+0.133%$2K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.35+0.086%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.28+0.039%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.21−0.008%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.108%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.18−0.028%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.25+0.019%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.16−0.041%$131K$90K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.20−0.015%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.02−0.135%$710K$679K10xas long as short
Nado ORCL-PERPshort+0.0053%1h149.13−0.065%$92K$18K10x
QFEX ORCL-USD+0.0057%1h149.15−0.048%$1.1M$2.8M10xas long as short
tradeXYZ xyz:ORCL+0.0067%1h149.11−0.075%$21.5M$6.7M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13−0.062%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.17−0.035%$19010xas long as short
Gate ORCL_USDT+0.0156%8h149.24+0.012%$2.3M$2.9M25xas long as short
GRVT ORCL_USDT_Perp+0.0187%8h149.26+0.028%$2K$180K10xas long as short
Variational Omni ORCLlong+0.0200%8h149.22long leg$1.3M$363K
Binance ORCLUSDT+0.0246%8h149.16−0.038%$24.9M$35.2M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h149.11−0.073%$388K$1.3M10xas long as short
Bitget ORCLUSDT+0.0272%8h149.27+0.032%$7.6M$4.0M20xas long as short
KuCoin ORCLUSDTM+0.0303%8h149.34+0.079%$260K$262K20xas long as short
OKX ORCL-USDT-SWAP+0.0321%8h149.23+0.005%$4.9M$5.6M20xas long as short
Bybit ORCLUSDT+0.0504%8h149.25+0.019%$3.5M$1.4M50xas long as short
BloFin ORCL-USDT+0.0523%8h149.45+0.153%$47K$43K20xas long as short
Phoenix ORCL+0.0535%1h149.27+0.032%$153K$75K10xas long as short