Funding you earn now, next payment 00:00 UTC−0.0185%/8h= −20.2% APRnext payment −$1.85 per $10,000 · paid last 24h +0.052%
Price spread now: Gate against Binance−0.010%7-day average +0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$58as in the Price arb table
costs, in and out, $10k−$500.500% of the position
Funding, last 7 days+0.172%+$17 on $10k
+Price spread, last 2 days (all we have)+0.100%+$10 · spread now −0.010%, 7d avg +0.065%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Gate is 0.075% cheaper against Binance than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of +0.065%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.172%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.28 | 0.0185 | pay 0.0185% / 8h | 0m 54s | $25.0M | $35.5M | 20x |
| Short | Gate ORCL_USDT | 149.26 | 0 | get 0.0000% / 8h | 0m 54s | $2.3M | $3.0M | 25x |
Binance ORCLUSDT
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$38.83
- Price spread: −0.010% → +0.065%
- −$7.54
- Slippage, 4 orders
- −$25.01
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$96.38
- Costs to cover
- 0.500%
- Break-even
- never at this rate
Slippage from Binance: live order book, 11 min ago; Gate: 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 Binance live order book, 11 min ago | 0.34 bp | 7.0 bp −$7 | 14.0 bp −$140 | 69.6 bp −$6,957 | doesn't fit |
| Sell Gate live order book, 2 min ago | 0.34 bp | 19.2 bp −$19 | 29.8 bp −$298 | 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 | −0.0677% | 4h | 149.34 | +0.045% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.35 | +0.051% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDTshort | 0.0000% | 8h | 149.26 | −0.010% | $2.3M | $3.0M | 25x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.43 | +0.104% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.42 | +0.097% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.33 | +0.037% | $473K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.144% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.26 | −0.010% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.15 | −0.084% | $131K | $123K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.21 | −0.044% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.158% | $705K | $700K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.17 | −0.071% | $1.1M | $2.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0080% | 1h | 149.28 | +0.003% | $621K | $462K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.32 | +0.030% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.15 | −0.084% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0125% | 1h | 149.15 | −0.084% | $21.5M | $8.0M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0126% | 8h | 149.36 | +0.057% | $1K | $193K | 10x | as long as short |
| Variational Omni ORCL | +0.0131% | 8h | 149.14 | −0.091% | $1.3M | $363K | — | as long as short |
| Nado ORCL-PERP | +0.0158% | 1h | 149.09 | −0.121% | $92K | $18K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0184% | 1h | 149.25 | −0.016% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0185% | 8h | 149.28 | long leg | $25.0M | $35.5M | 20x | |
| KuCoin ORCLUSDTM | +0.0270% | 8h | 149.44 | +0.110% | $259K | $249K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.11 | −0.111% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0311% | 8h | 149.27 | −0.004% | $4.8M | $5.6M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0384% | 8h | 149.28 | +0.003% | $7.5M | $4.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0519% | 8h | 149.28 | +0.003% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0523% | 8h | 149.34 | +0.043% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.21 | −0.044% | $150K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Lighter RH ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Nado ORCL-PERP
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL