Funding you earn now, next payment 09:00 UTC+0.0145%/8h= +15.9% APRpaid last 24h +0.050%
Price spread now: Binance against ApeX Omni+0.087%109s7-day average +0.012% · you sell dearer than you buy
Net, funding: paid 7d − costs−$124as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$1221.218% of the position
Funding, last 7 days−0.020%−$2 on $10k
+Price spread, last 4 days (all we have)−0.263%−$26 · spread now +0.087%, 7d avg +0.012%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.076% dearer against ApeX Omni than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of +0.012%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ORACLEUSDT | 148.65 | 0.0100 | pay 0.0013% / 1h | 37m 40s | $22K | $263K | 50x |
| Short | Binance ORCLUSDT | 148.78 | 0.0245 | get 0.0245% / 8h | 7h 37m | $25.1M | $36.3M | 20x |
ApeX Omni ORACLEUSDT
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against ApeX Omni. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $30.47
- Price spread: +0.087% → +0.012%
- $7.56
- Slippage, 4 orders
- −$101.75
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$83.72
- Costs to cover
- 1.218%
- Break-even
- 26.2 days
Slippage from ApeX Omni: live order book, 59 min ago; Binance: live order book, 4 min ago.
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 ApeX Omni live order book, 59 min ago | 30.52 bp | 59.0 bp −$59 | 213.7 bp −$2,137 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.67 bp | 9.5 bp −$10 | 17.3 bp −$173 | 104.5 bp −$10.5K | doesn't fit |
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 | −0.0151% | 4h | 148.85 | +0.133% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.141% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.85 | +0.135% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.76 | +0.074% | $1K | $152K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.242% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.92 | +0.182% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.79 | +0.094% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.75 | +0.067% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.276% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.67 | +0.013% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.76 | +0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.58 | −0.047% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.76 | +0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.58 | −0.047% | $708K | $865K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 148.57 | −0.055% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0055% | 1h | 148.67 | +0.013% | $21.7M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.78 | +0.087% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.88 | +0.155% | $241K | $309K | 20x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 148.65 | long leg | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.79 | +0.094% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0161% | 8h | 148.74 | +0.057% | $1.2M | $428K | — | as long as short |
| Gate ORCL_USDT | +0.0189% | 8h | 148.89 | +0.161% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0210% | 8h | 148.77 | +0.081% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDTshort | +0.0245% | 8h | 148.78 | +0.087% | $25.1M | $36.3M | 20x | |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 148.74 | +0.061% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.70 | +0.034% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0600% | 8h | 148.79 | +0.094% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0622% | 8h | 148.73 | +0.054% | $47K | $45K | 20x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
tradeXYZ xyz:ORCL
QFEX ORCL-USD
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT