Funding you earn now, next payment 08:00 UTC−0.0406%/8h= −44.5% APRnext payment −$4.06 per $10,000 · paid last 24h −0.111%
Price spread now: Aster against Bitget−0.046%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.193%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Aster is 0.046% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.193% in total (about -10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.06 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 | Bitget ORCLUSDT | 149.69 | 0.0406 | pay 0.0406% / 8h | 7h 17m | $7.7M | $4.0M | 20x |
| Short | Aster ORCLUSDT | 149.62 | 0 | get 0.0000% / 8h | 7h 17m | $94K | $16K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Bitget. 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
- −$85.26
- Price spread: −0.046% → 0.000%
- −$4.63
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$109.89
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Aster: 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 Bitget live order book, 1 min ago | 2.00 bp | 13.7 bp −$14 | 23.6 bp −$236 | doesn't fit | doesn't fit |
| Sell Aster no order-book sample | — | — | — | — | — |
Aster: 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 | −0.0871% | 4h | 149.44 | −0.165% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDTshort | 0.0000% | 8h | 149.62 | −0.046% | $94K | $16K | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.86 | +0.114% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.56 | −0.087% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.66 | −0.020% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.58 | −0.073% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.421% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.57 | −0.080% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.51 | −0.120% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.60 | −0.060% | $30K | $3K | 10x | as long as short |
Show 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 | 149.34 | −0.234% | $702K | $697K | 10x | as long as short |
| Nado ORCL-PERP | +0.0069% | 1h | 149.45 | −0.159% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.59 | −0.067% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.49 | −0.134% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.54 | −0.100% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0106% | 1h | 149.48 | −0.140% | $21.5M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0176% | 8h | 149.46 | −0.153% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0232% | 1h | 149.58 | −0.074% | $386K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0233% | 8h | 149.63 | −0.037% | $25.1M | $35.0M | 20x | as long as short |
| Gate ORCL_USDT | +0.0235% | 8h | 149.65 | −0.027% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0301% | 8h | 149.58 | −0.073% | $261K | $258K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0306% | 8h | 149.49 | −0.132% | $2K | $182K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0325% | 8h | 149.65 | −0.027% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0406% | 8h | 149.69 | long leg | $7.7M | $4.0M | 20x | |
| Arcus ORCL-USD | +0.0467% | 1h | 149.43 | −0.174% | $87K | $79K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0658% | 8h | 149.65 | −0.027% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0668% | 8h | 149.61 | −0.053% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.36 | −0.220% | $153K | $84K | 10x | as long as short |
Bitget ORCLUSDT
Aster ORCLUSDT
edgeX ORCLUSDC
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL