Funding you earn now, next payment 16:00 UTC−0.0151%/8h= −16.6% APRnext payment −$1.51 per $10,000 · paid last 24h −0.033%
Price spread now: KuCoin against Binance+0.074%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs−$373as in the Funding arb table
Net, price: spread back to 7d avg − costs−$371as in the Price arb table
costs, in and out, $10k−$3783.778% of the position
Funding, last 7 days+0.044%+$4 on $10k
+Price spread, last 4 days (all we have)+0.303%+$30 · spread now +0.074%, 7d avg +0.010%
=The price spread pays, funding is against you. KuCoin is 0.065% dearer against Binance than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.010%): +$6 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 34 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 148.72 | 0.0251 | pay 0.0251% / 8h | 7h 41m | $25.1M | $36.3M | 20x |
| Short | KuCoin ORCLUSDTM | 148.83 | 0.0100 | get 0.0100% / 8h | 7h 41m | $240K | $304K | 20x |
Binance ORCLUSDT
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$31.79
- Price spread: +0.074% → +0.010%
- $6.47
- Slippage, 4 orders
- −$355.78
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$403.1
- Costs to cover
- 3.778%
- Break-even
- never at this rate
Slippage from Binance: live order book, 15 min ago; KuCoin: live order book, 50 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, 15 min ago | 0.34 bp | 8.6 bp −$9 | 20.5 bp −$205 | 84.7 bp −$8,471 | doesn't fit |
| Sell KuCoin live order book, 50 min ago | 15.08 bp | 206.3 bp −$206 | doesn't fit | 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 | −0.0961% | 4h | 148.76 | +0.029% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.094% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.79 | +0.047% | $7.7M | $2.7M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.85 | +0.091% | $1K | $152K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.93 | +0.142% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.74 | +0.014% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.76 | +0.027% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.71 | −0.006% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.229% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.64 | −0.053% | $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 | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0042% | 1h | 148.57 | −0.102% | $88K | $22K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.70 | −0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.63 | −0.060% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.55 | −0.114% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.70 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.55 | −0.114% | $708K | $870K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.76 | +0.027% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0100% | 8h | 148.83 | +0.074% | $240K | $304K | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.83 | +0.074% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.70 | −0.013% | $189 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0117% | 8h | 148.81 | +0.061% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0173% | 8h | 148.75 | +0.021% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0209% | 8h | 148.72 | 0.000% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDTlong | +0.0251% | 8h | 148.72 | long leg | $25.1M | $36.3M | 20x | |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 148.68 | −0.025% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.59 | −0.087% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0616% | 8h | 148.76 | +0.027% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0663% | 8h | 148.83 | +0.074% | $47K | $45K | 20x | as long as short |
Nado ORCL-PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT