Funding you earn now, next payment 00:00 UTC−0.0384%/8h= −42.0% APRnext payment −$3.84 per $10,000 · paid last 24h +0.023%
Price spread now: Gate against Bitget+0.013%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$53as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$680.679% of the position
Funding, last 7 days+0.147%+$15 on $10k
+Price spread, last 7 days−0.040%−$4 · spread now +0.013%, 7d avg −0.006%
=The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$12 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.147%, so the current rate has only just turned against you.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.147% in total (about 7.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.84 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 | 149.38 | 0.0384 | pay 0.0384% / 8h | 3m 35s | $7.5M | $4.5M | 20x |
| Short | Gate ORCL_USDT | 149.40 | 0 | get 0.0000% / 8h | 3m 35s | $2.3M | $3.0M | 25x |
Bitget ORCLUSDT
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- −$80.64
- Price spread: +0.013% → −0.006%
- $1.92
- Slippage, 4 orders
- −$40.91
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$146.63
- Costs to cover
- 0.679%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; Gate: live order book, 4 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, 5 min ago | 1.00 bp | 12.7 bp −$13 | 24.1 bp −$241 | doesn't fit | doesn't fit |
| Sell Gate live order book, 4 min ago | 1.00 bp | 16.6 bp −$17 | 24.6 bp −$246 | doesn't fit | 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 | −0.0194% | 4h | 149.34 | −0.027% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.007% | $94K | $16K | 20x | as long as short |
| Gate ORCL_USDTshort | 0.0000% | 8h | 149.40 | +0.013% | $2.3M | $3.0M | 25x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.147% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.43 | +0.033% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.46 | +0.054% | $473K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.214% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.28 | −0.067% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.26 | −0.080% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.32 | −0.040% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter 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 | 149.17 | −0.141% | $706K | $701K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.29 | −0.060% | $1.1M | $2.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0088% | 1h | 149.37 | −0.007% | $621K | $462K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.19 | −0.127% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | −0.027% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0124% | 8h | 149.33 | −0.034% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0126% | 8h | 149.36 | −0.013% | $1K | $193K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0129% | 1h | 149.22 | −0.107% | $21.5M | $8.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0157% | 1h | 149.20 | −0.122% | $92K | $18K | 10x | as long as short |
| Binance ORCLUSDT | +0.0182% | 8h | 149.36 | −0.017% | $25.1M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0184% | 1h | 149.33 | −0.033% | $386K | $1.4M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0264% | 8h | 149.48 | +0.067% | $258K | $247K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.22 | −0.107% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0310% | 8h | 149.39 | +0.007% | $4.8M | $5.6M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0384% | 8h | 149.38 | long leg | $7.5M | $4.5M | 20x | |
| Bybit ORCLUSDT | +0.0521% | 8h | 149.38 | 0.000% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0532% | 8h | 149.36 | −0.013% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.22 | −0.107% | $150K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Lighter RH ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCL
Nado ORCL-PERP
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL