Funding you earn now, next payment 08:00 UTC−0.0192%/8h= −21.0% APRnext payment −$1.92 per $10,000 · paid last 24h +0.048%
Price spread now: Bitget against Binance+0.020%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$47as in the Price arb table
costs, in and out, $10k−$450.451% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days+0.023%+$2 · spread now +0.020%, 7d avg +0.035%
=The price spread sits at its 7-day average of +0.035%, so right now this pair is about funding alone: −$6 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 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.92 per $10,000. 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 | Binance ORCLUSDT | 149.39 | 0.0243 | pay 0.0243% / 8h | 5h 38m | $24.9M | $35.4M | 20x |
| Short | Bitget ORCLUSDT | 149.42 | 0.0051 | get 0.0051% / 8h | 5h 38m | $7.7M | $4.0M | 20x |
Binance ORCLUSDT
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$40.28
- Price spread: +0.020% → +0.035%
- −$1.52
- Slippage, 4 orders
- −$23.1
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$86.91
- Costs to cover
- 0.451%
- Break-even
- never at this rate
Slippage from Binance: live order book, 3 min ago; Bitget: live order book, 5 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, 3 min ago | 0.34 bp | 7.8 bp −$8 | 15.4 bp −$154 | 81.6 bp −$8,161 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.34 bp | 11.5 bp −$12 | 26.3 bp −$263 | 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 | −0.0316% | 4h | 149.26 | −0.090% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.21 | −0.118% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.59 | +0.134% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.36 | −0.020% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.38 | −0.007% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | −0.040% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.221% | $20K | $12K | 12x | as long as short |
| Gate ORCL_USDT | +0.0038% | 8h | 149.39 | 0.000% | $2.3M | $2.9M | 25x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.22 | −0.114% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.31 | −0.054% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Gate ORCL_USDT
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.24 | −0.100% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.25 | −0.094% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.32 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.20 | −0.127% | $696K | $720K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0051% | 8h | 149.42 | +0.020% | $7.7M | $4.0M | 20x | |
| QFEX ORCL-USD | +0.0059% | 1h | 149.29 | −0.067% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0075% | 1h | 149.21 | −0.120% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | −0.060% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | −0.033% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0144% | 8h | 149.27 | −0.079% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0175% | 8h | 149.27 | −0.083% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.35 | −0.028% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0243% | 8h | 149.39 | long leg | $24.9M | $35.4M | 20x | |
| KuCoin ORCLUSDTM | +0.0328% | 8h | 149.46 | +0.047% | $261K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0330% | 8h | 149.35 | −0.027% | $4.9M | $5.5M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0478% | 8h | 149.39 | 0.000% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0504% | 8h | 149.45 | +0.040% | $3.6M | $1.5M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.19 | −0.134% | $153K | $75K | 10x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL