Funding you earn now, next payment 03:00 UTC−0.0245%/8h= −26.8% APRpaid last 24h −0.048%
Price spread now: SoDEX against Binance−0.020%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 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
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SoDEX is 0.020% cheaper against Binance than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.74 | 0.0295 | pay 0.0295% / 8h | 5h 04m | $25.1M | $35.5M | 20x |
| Short | SoDEX ORCL-USD | 149.71 | 0.0050 | get 0.0006% / 1h | 4m 30s | $30K | $3K | 10x |
Binance ORCLUSDT
SoDEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$51.43
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$71.43
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 7 min ago; SoDEX: 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, 7 min ago | 1.00 bp | 7.7 bp −$8 | 14.1 bp −$141 | 62.5 bp −$6,249 | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 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 | −0.0897% | 4h | 149.70 | −0.027% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.56 | −0.119% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.97 | +0.154% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.053% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.71 | −0.020% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.71 | −0.020% | $623K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.454% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.61 | −0.087% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.70 | −0.027% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.57 | −0.114% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.64 | −0.067% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USDshort | +0.0050% | 1h | 149.71 | −0.020% | $30K | $3K | 10x | |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.41 | −0.220% | $703K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.68 | −0.040% | $1.1M | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0079% | 8h | 149.79 | +0.033% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0095% | 1h | 149.55 | −0.129% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.72 | −0.013% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.73 | −0.007% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0134% | 8h | 149.80 | +0.040% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0219% | 8h | 149.71 | −0.023% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0241% | 8h | 149.72 | −0.014% | $2K | $178K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0288% | 1h | 149.70 | −0.026% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0295% | 8h | 149.74 | long leg | $25.1M | $35.5M | 20x | |
| KuCoin ORCLUSDTM | +0.0373% | 8h | 149.79 | +0.033% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0378% | 8h | 149.73 | −0.007% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.61 | −0.087% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0654% | 8h | 149.83 | +0.060% | $3.9M | $1.7M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0667% | 8h | 149.81 | +0.047% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT