Funding you earn now, next payment 23:00 UTC+0.0374%/8h= +40.9% APRpaid last 24h +0.049%
Price spread now: Bybit against ApeX Omni+0.020%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$68as in the Funding arb table
Net, price: spread back to 7d avg − costs−$68as in the Price arb table
costs, in and out, $10k−$670.671% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.123%−$12 · spread now +0.020%, 7d avg +0.032%
=The price spread sits at its 7-day average of +0.032%, so right now this pair is about funding alone: +$11 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ORACLEUSDT | 148.85 | 0.0100 | pay 0.0013% / 1h | 25m 32s | $22K | $269K | 50x |
| Short | Bybit ORCLUSDT | 148.88 | 0.0474 | get 0.0474% / 8h | 1h 25m | $3.5M | $1.6M | 50x |
ApeX Omni ORACLEUSDT
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $78.48
- Price spread: +0.020% → +0.032%
- −$1.15
- Slippage, 4 orders
- −$46.09
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $10.24
- Costs to cover
- 0.671%
- Break-even
- 6.1 days
Slippage from ApeX Omni: live order book, 57 min ago; Bybit: live order book, 2 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, 57 min ago | 8.40 bp | 20.9 bp −$21 | 201.5 bp −$2,015 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.68 bp | 12.4 bp −$12 | 19.2 bp −$192 | doesn't fit | 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 | −0.0872% | 4h | 148.91 | +0.039% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.93 | +0.054% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.90 | +0.034% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.92 | +0.045% | $1.3M | $316K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.97 | +0.080% | $1K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.04 | +0.128% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.03 | +0.121% | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0016% | 1h | 148.80 | −0.034% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0019% | 8h | 148.83 | −0.017% | $24.8M | $35.7M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.97 | +0.081% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.85 | 0.000% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.141% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.81 | −0.027% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.76 | −0.060% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.77 | −0.054% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.83 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.68 | −0.114% | $708K | $691K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.85 | 0.000% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 148.85 | long leg | $22K | $269K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.79 | −0.040% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0113% | 1h | 148.73 | −0.080% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0135% | 8h | 148.98 | +0.087% | $257K | $221K | 20x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.75 | −0.067% | $86K | $90K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 148.85 | 0.000% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0297% | 8h | 148.86 | +0.007% | $7.4M | $4.6M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0458% | 8h | 148.95 | +0.067% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0474% | 8h | 148.88 | +0.020% | $3.5M | $1.6M | 50x | |
| Phoenix ORCL | +0.0538% | 1h | 148.88 | +0.020% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL