Funding you earn now, next payment 08:00 UTC+0.0195%/8h= +21.3% APRnext payment +$1.95 per $10,000 · paid last 24h +0.004%
Price spread now: BloFin against Bitget+0.020%85s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.056%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and BloFin is 0.020% dearer against Bitget than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.056% in total (about 2.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.95 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 | 149.59 | 0.0394 | pay 0.0394% / 8h | 7h 07m | $7.6M | $4.0M | 20x |
| Short | BloFin ORCL-USDT | 149.62 | 0.0589 | get 0.0589% / 8h | 7h 07m | $47K | $43K | 20x |
Bitget ORCLUSDT
BloFin ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin 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
- $40.85
- Price spread: +0.020% → 0.000%
- $2.01
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $18.86
- Costs to cover
- 0.240%
- Break-even
- 3.8 days
Slippage unknown: Bitget: live order book, 5 min ago; BloFin: 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, 5 min ago | 1.67 bp | 12.5 bp −$12 | 19.9 bp −$199 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | −0.0764% | 4h | 149.49 | −0.064% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.54 | −0.034% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.75 | +0.107% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.007% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.57 | −0.013% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.51 | −0.053% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.354% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.53 | −0.040% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.41 | −0.120% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.49 | −0.067% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow 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 | −0.167% | $703K | $697K | 10x | as long as short |
| Nado ORCL-PERP | +0.0069% | 1h | 149.39 | −0.135% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.48 | −0.074% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0092% | 1h | 149.40 | −0.127% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.43 | −0.107% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.46 | −0.087% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0198% | 8h | 149.49 | −0.070% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.53 | −0.040% | $25.1M | $35.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.50 | −0.063% | $386K | $1.3M | 10x | as long as short |
| Gate ORCL_USDT | +0.0267% | 8h | 149.56 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0305% | 8h | 149.62 | +0.020% | $260K | $260K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.56 | −0.020% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0394% | 8h | 149.59 | long leg | $7.6M | $4.0M | 20x | |
| GRVT ORCL_USDT_Perp | +0.0394% | 8h | 149.58 | −0.006% | $2K | $182K | 10x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.45 | −0.094% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDTshort | +0.0589% | 8h | 149.62 | +0.020% | $47K | $43K | 20x | |
| Bybit ORCLUSDT | +0.0616% | 8h | 149.60 | +0.007% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.48 | −0.074% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Arcus ORCL-USD
Bybit ORCLUSDT
Phoenix ORCL