Funding you earn now, next payment 11:00 UTC−0.0251%/8h= −27.5% APRpaid last 24h −0.050%
Price spread now: ApeX Omni against Binance−0.047%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$52as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$540.539% of the position
Funding, last 7 days+0.020%+$2 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.047%, 7d avg −0.013%
=Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and ApeX Omni is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.013%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.020% in total (about 1.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.52 | 0.0351 | pay 0.0351% / 8h | 5h 55m | $25.3M | $35.2M | 20x |
| Short | ApeX Omni ORACLEUSDT | 149.45 | 0.0100 | get 0.0013% / 1h | 55m 08s | $22K | $262K | 50x |
Binance ORCLUSDT
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Binance. 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
- −$52.77
- Price spread: −0.047% → −0.013%
- −$3.4
- Slippage, 4 orders
- −$33.92
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$110.09
- Costs to cover
- 0.539%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; ApeX Omni: live order book, 54 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 Binance live order book, 10 min ago | 0.67 bp | 6.8 bp −$7 | 19.1 bp −$191 | 74.2 bp −$7,418 | doesn't fit |
| Sell ApeX Omni live order book, 54 min ago | 8.70 bp | 21.1 bp −$21 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0894% | 4h | 149.32 | −0.135% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.013% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.64 | +0.080% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.75 | +0.154% | $2K | $2.4M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | −0.013% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.308% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.50 | −0.013% | — | $43K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | −0.054% | $131K | $69K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.22 | −0.201% | $698K | $826K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ORCL-USD | +0.0079% | 1h | 149.49 | −0.020% | $1.1M | $2.0M | 10x | as long as short |
| HTX ORCL-USDT | +0.0099% | 8h | 149.42 | −0.067% | $52K | $24K | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.51 | −0.007% | $243K | $427K | 20x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.45 | −0.047% | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.47 | −0.033% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0114% | 1h | 149.37 | −0.101% | $88K | $22K | 10x | as long as short |
| Lighter RH ORCL | +0.0232% | 1h | 149.53 | +0.007% | $614K | $286K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0233% | 8h | 149.50 | −0.013% | $5.0M | $6.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0254% | 8h | 149.38 | −0.092% | $1.2M | $399K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0328% | 1h | 149.43 | −0.060% | $21.9M | $6.8M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0351% | 8h | 149.52 | long leg | $25.3M | $35.2M | 20x | |
| Extended ORCL_24_5-USD | +0.0352% | 1h | 149.47 | −0.033% | $390K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0376% | 8h | 149.62 | +0.067% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.41 | −0.074% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0535% | 8h | 149.42 | −0.067% | $1K | $138K | 10x | as long as short |
| Phoenix ORCL | +0.0589% | 1h | 149.38 | −0.094% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0694% | 8h | 149.58 | +0.040% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0695% | 8h | 149.58 | +0.040% | $4.2M | $1.8M | 50x | as long as short |
QFEX ORCL-USD
HTX ORCL-USDT
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
tradeXYZ xyz:ORCL
Extended ORCL_24_5-USD
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT