Funding you earn now, next payment 08:00 UTC−0.0150%/8h= −16.4% APRnext payment −$1.50 per $10,000 · paid last 24h −0.033%
Price spread now: Orderly against Binance0.000%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.41 | 0.0250 | pay 0.0250% / 8h | 6h 21m | $24.9M | $35.3M | 20x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.41 | 0.0100 | get 0.0100% / 8h | 6h 21m | $190 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$31.45
- Price spread: 0.000% → 0.000%
- $0
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$47.45
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 6 min ago; Orderly: no order-book sample. Net counts fees only.
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, 6 min ago | 0.34 bp | 7.2 bp −$7 | 14.9 bp −$149 | 83.5 bp −$8,348 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORCL on 27 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 | −0.0997% | 4h | 149.37 | −0.027% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.18 | −0.154% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.154% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | +0.027% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | +0.047% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.41 | 0.000% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.234% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.29 | −0.080% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.35 | −0.040% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.32 | −0.060% | $131K | $90K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.39 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.11 | −0.201% | $711K | $680K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.37 | −0.027% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0074% | 1h | 149.17 | −0.162% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0088% | 1h | 149.28 | −0.087% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.39 | −0.013% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.41 | 0.000% | $190 | — | 10x | |
| Gate ORCL_USDT | +0.0137% | 8h | 149.45 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0171% | 8h | 149.37 | −0.027% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 149.44 | +0.020% | $1.3M | $363K | — | as long as short |
| Bitget ORCLUSDT | +0.0187% | 8h | 149.50 | +0.060% | $7.7M | $4.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.37 | −0.028% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0250% | 8h | 149.41 | long leg | $24.9M | $35.3M | 20x | |
| KuCoin ORCLUSDTM | +0.0311% | 8h | 149.46 | +0.033% | $260K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0338% | 8h | 149.44 | +0.020% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0511% | 8h | 149.42 | +0.007% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.30 | −0.074% | $153K | $75K | 10x | as long as short |
Binance ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Bitget ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL