ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC−0.0290%/8h= −31.7% APRnext payment −$2.90 per $10,000 · paid last 24h −0.028%

Price spread now: Binance against Bitget−0.034%7-day average −0.061% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$40as in the Price arb table

costs, in and out, $10k−$430.428% of the position

Long on Bitget Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days−0.025%−$2 on $10k

Price spread, last 2 days (all we have)−0.036%−$4 · spread now −0.034%, 7d avg −0.061%

Together, before fees−0.061%−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Binance is 0.027% dearer against Bitget than usual: you sell high and buy low (spread −0.034% now, against its 7-day average of −0.061%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours. At the pace of the last 7 days (−0.025% in total) that is about 7.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.025% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.90 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	148.94	0.0291	pay 0.0291% / 8h	1h 35m	$7.4M	$4.6M	20x
Short	Binance ORCLUSDT	148.89	0.0001	get 0.0001% / 8h	1h 35m	$24.8M	$35.6M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Binance against Bitget. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BitgetbpFee BinancebpOrdersPrice spread, now −0.034%Rate

Funding earned: −$60.83
Price spread: −0.034% → −0.061%: $2.71
Slippage, 4 orders: −$20.77
Fee Bitget: 6 bp × 2 orders: −$12
Fee Binance: 5 bp × 2 orders: −$10
Net: −$100.89
Costs to cover: 0.428%
Break-even: never at this rate

Slippage from Bitget: live order book, 3 min ago; Binance: live order book, 6 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 Bitget live order book, 3 min ago	1.01 bp	14.2 bp −$14	22.4 bp −$224	doesn't fit	doesn't fit
Sell Binance live order book, 6 min ago	0.34 bp	8.1 bp −$8	14.5 bp −$145	64.0 bp −$6,400	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	−0.0561%	4h	148.90	−0.024%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	148.94	0.000%	$93K	$16K	20x	as long as short
Extended ORCL_24_5-USD	0.0000%	1h	148.86	−0.057%	$386K	$1.4M	10x	as long as short
Gate ORCL_USDT	0.0000%	8h	148.93	−0.007%	$2.2M	$3.0M	25x	as long as short
Variational Omni ORCL	0.0000%	8h	148.85	−0.058%	$1.2M	$307K	—	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.90	−0.029%	$2K	$200K	10x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.13	+0.128%	$2K	$2.9M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	148.97	+0.020%	$52K	$22K	20x	as long as short
Binance ORCLUSDTshort	+0.0001%	8h	148.89	−0.034%	$24.8M	$35.6M	20x
Lighter ORCL	+0.0032%	1h	148.92	−0.013%	$472K	$53K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter RH ORCL	+0.0032%	1h	148.89	−0.034%	$619K	$462K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.081%	$20K	$14K	12x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	148.87	−0.047%	—	$127K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	148.79	−0.101%	$21.4M	$8.6M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.79	−0.101%	$130K	$122K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	148.86	−0.054%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.70	−0.161%	$708K	$692K	10x	as long as short
QFEX ORCL-USD	+0.0056%	1h	148.87	−0.047%	$1.1M	$2.8M	10x	as long as short
Nado ORCL-PERP	+0.0092%	1h	148.76	−0.121%	$92K	$18K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.88	−0.040%	$22K	$269K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.85	−0.060%	$189	—	10x	as long as short
KuCoin ORCLUSDTM	+0.0119%	8h	148.99	+0.034%	$258K	$217K	20x	as long as short
Arcus ORCL-USD	+0.0152%	1h	148.81	−0.087%	$78K	$79K	10x	as long as short
OKX ORCL-USDT-SWAP	+0.0190%	8h	148.87	−0.047%	$4.7M	$5.7M	20x	as long as short
Bitget ORCLUSDTlong	+0.0291%	8h	148.94	long leg	$7.4M	$4.6M	20x
BloFin ORCL-USDT	+0.0458%	8h	149.01	+0.047%	$47K	$51K	20x	as long as short
Bybit ORCLUSDT	+0.0469%	8h	148.92	−0.013%	$3.6M	$1.6M	50x	as long as short
Phoenix ORCL	+0.0538%	1h	148.83	−0.074%	$149K	$100K	10x	as long as short