Funding you earn now, next payment 00:00 UTC−0.0150%/8h= −16.4% APRpaid last 24h −0.061%
Price spread now: Nado against Bitget−0.160%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and Nado is 0.160% cheaper against Bitget than usual: you would sell low and buy high (−$16 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.04 | 0.0331 | pay 0.0331% / 8h | 47m 14s | $7.4M | $4.7M | 20x |
| Short | Nado ORCL-PERP | 148.80 | 0.0181 | get 0.0023% / 1h | 47m 14s | $92K | $18K | 10x |
Bitget ORCLUSDT
Nado ORCL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$31.54
- Price spread: −0.160% → 0.000%
- −$15.98
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$66.52
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; Nado: 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 | 2.35 bp | 13.0 bp −$13 | 19.6 bp −$196 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | −0.0282% | 4h | 149.01 | −0.019% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.01 | −0.018% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.07 | +0.020% | $2.2M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 149.02 | −0.016% | $1.3M | $316K | — | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.25 | +0.141% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.09 | +0.034% | $52K | $22K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0013% | 8h | 149.02 | −0.014% | $2K | $198K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.05 | +0.007% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.013% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.92 | −0.081% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
SunX ORCL-USDT
HTX ORCL-USDT
GRVT ORCL_USDT_Perp
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.91 | −0.087% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.01 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.148% | $708K | $693K | 10x | as long as short |
| Binance ORCLUSDT | +0.0061% | 8h | 149.02 | −0.011% | $24.9M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0064% | 1h | 149.00 | −0.025% | $386K | $1.4M | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 148.98 | −0.040% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.94 | −0.067% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.98 | −0.040% | $190 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0160% | 1h | 148.99 | −0.034% | $620K | $462K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0162% | 1h | 148.86 | −0.121% | $21.4M | $8.5M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0177% | 8h | 149.11 | +0.047% | $258K | $233K | 20x | as long as short |
| Nado ORCL-PERPshort | +0.0181% | 1h | 148.80 | −0.160% | $92K | $18K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0252% | 8h | 149.04 | 0.000% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.91 | −0.087% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDTlong | +0.0331% | 8h | 149.04 | long leg | $7.4M | $4.7M | 20x | |
| Bybit ORCLUSDT | +0.0509% | 8h | 149.03 | −0.007% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0516% | 8h | 149.04 | 0.000% | $2K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.90 | −0.094% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Binance ORCLUSDT
Extended ORCL_24_5-USD
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL