Funding you earn now, next payment 00:00 UTC−0.0214%/8h= −23.4% APRnext payment −$2.14 per $10,000 · paid last 24h −0.043%
Price spread now: Orderly against Bitget−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Orderly is 0.020% cheaper against Bitget than usual: you would sell low and buy high (−$2 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 | 148.83 | 0.0314 | pay 0.0314% / 8h | 2h 23m | $7.4M | $4.7M | 20x |
| Short | Orderly PERP_ORCL_USDC_mythos | 148.80 | 0.0100 | get 0.0100% / 8h | 2h 23m | $189 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$44.94
- Price spread: −0.020% → 0.000%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$64.96
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 5 min ago; Orderly: 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 | 1.34 bp | 14.7 bp −$15 | 22.5 bp −$225 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0567% | 4h | 148.81 | −0.013% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.87 | +0.028% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.79 | −0.026% | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 148.81 | −0.015% | $24.8M | $35.9M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.84 | +0.007% | $2.2M | $3.1M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.80 | −0.017% | $1.3M | $221K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.81 | −0.012% | $2K | $205K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.121% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.84 | +0.007% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.88 | +0.034% | $471K | $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 | 148.84 | +0.007% | $622K | $465K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.155% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.80 | −0.020% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.73 | −0.067% | $21.5M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.72 | −0.074% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.80 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.65 | −0.121% | $737K | $611K | 10x | as long as short |
| QFEX ORCL-USD | +0.0053% | 1h | 148.77 | −0.040% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.90 | +0.047% | $258K | $197K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.81 | −0.013% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 148.80 | −0.020% | $189 | — | 10x | |
| Nado ORCL-PERP | +0.0127% | 1h | 148.70 | −0.089% | $92K | $18K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0203% | 8h | 148.89 | +0.040% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0251% | 1h | 148.74 | −0.060% | $78K | $80K | 10x | as long as short |
| Bitget ORCLUSDTlong | +0.0314% | 8h | 148.83 | long leg | $7.4M | $4.7M | 20x | |
| Phoenix ORCL | +0.0431% | 1h | 148.74 | −0.060% | $149K | $100K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0466% | 8h | 148.84 | +0.007% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0478% | 8h | 148.94 | +0.074% | $47K | $50K | 20x | as long as short |
Bitget ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT