Funding you earn now, next payment 00:00 UTC−0.0137%/8h= −15.0% APRnext payment −$1.37 per $10,000 · paid last 24h −0.041%
Price spread now: KuCoin against Bitget+0.013%7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1611.611% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 4 days (all we have)−0.058%−$6 · spread now +0.013%, 7d avg −0.039%
=The price spread pays, funding is against you. KuCoin is 0.052% dearer against Bitget than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.039%): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.20 | 0.0365 | pay 0.0365% / 8h | 23m 03s | $7.4M | $4.5M | 20x |
| Short | KuCoin ORCLUSDTM | 149.22 | 0.0228 | get 0.0228% / 8h | 23m 03s | $259K | $239K | 20x |
Bitget ORCLUSDT
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$28.77
- Price spread: +0.013% → −0.039%
- $5.24
- Slippage, 4 orders
- −$137.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$184.6
- Costs to cover
- 1.611%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; KuCoin: live order book, 38 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 | 2.35 bp | 12.1 bp −$12 | 22.7 bp −$227 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 38 min ago | 6.04 bp | 68.3 bp −$68 | doesn't fit | 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 | −0.0499% | 4h | 149.11 | −0.063% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.25 | +0.037% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.18 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.39 | +0.127% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.16 | −0.027% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.20 | 0.000% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.094% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.21 | +0.007% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.05 | −0.101% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.14 | −0.040% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
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 | 148.97 | −0.154% | $709K | $695K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.11 | −0.060% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0075% | 8h | 149.11 | −0.062% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0085% | 8h | 149.11 | −0.063% | $1K | $194K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.03 | −0.114% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.15 | −0.034% | $190 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0120% | 1h | 149.17 | −0.020% | $620K | $462K | 10x | as long as short |
| Binance ORCLUSDT | +0.0135% | 8h | 149.18 | −0.013% | $24.9M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0136% | 1h | 149.15 | −0.031% | $386K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0145% | 1h | 149.05 | −0.101% | $21.5M | $8.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0160% | 1h | 149.06 | −0.097% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0228% | 8h | 149.22 | +0.013% | $259K | $239K | 20x | |
| Arcus ORCL-USD | +0.0289% | 1h | 149.03 | −0.114% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0290% | 8h | 149.17 | −0.020% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0365% | 8h | 149.20 | long leg | $7.4M | $4.5M | 20x | |
| Bybit ORCLUSDT | +0.0526% | 8h | 149.17 | −0.020% | $3.5M | $1.5M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.10 | −0.067% | $149K | $84K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0549% | 8h | 149.12 | −0.054% | $47K | $51K | 20x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
tradeXYZ xyz:ORCL
Nado ORCL-PERP
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT