Funding you earn now, next payment 02:00 UTC−0.0272%/8h= −29.8% APRpaid last 24h −0.096%
Price spread now: SoDEX against Bitget−0.054%49s7-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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SoDEX is 0.054% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 49 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.38 | 0.0322 | pay 0.0322% / 8h | 6h 47m | $7.6M | $4.0M | 20x |
| Short | SoDEX ORCL-USD | 149.30 | 0.0050 | get 0.0006% / 1h | 47m 22s | $30K | $3K | 10x |
Bitget ORCLUSDT
SoDEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$57.12
- Price spread: −0.054% → 0.000%
- −$5.36
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$82.48
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 1 min ago; SoDEX: 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 | 1.00 bp | 14.2 bp −$14 | 28.1 bp −$281 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | −0.0717% | 4h | 149.36 | −0.010% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.005% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.100% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.114% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.34 | −0.027% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.27 | −0.074% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.214% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.30 | −0.054% | $87K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.29 | −0.060% | — | $67K | 25x | as long as short |
| Nado ORCL-PERP | +0.0047% | 1h | 149.19 | −0.125% | $92K | $18K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Nado ORCL-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 | 149.21 | −0.114% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USDshort | +0.0050% | 1h | 149.30 | −0.054% | $30K | $3K | 10x | |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.29 | −0.060% | $708K | $673K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0053% | 1h | 149.19 | −0.127% | $21.5M | $6.7M | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.21 | −0.114% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.35 | −0.020% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.26 | −0.080% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0203% | 8h | 149.45 | +0.045% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0211% | 8h | 149.36 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0225% | 8h | 149.38 | 0.000% | $2K | $181K | 10x | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.24 | −0.093% | $25.0M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.18 | −0.135% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0298% | 8h | 149.40 | +0.013% | $260K | $260K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0316% | 8h | 149.32 | −0.040% | $4.8M | $5.6M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0322% | 8h | 149.38 | long leg | $7.6M | $4.0M | 20x | |
| BloFin ORCL-USDT | +0.0523% | 8h | 149.45 | +0.047% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0528% | 8h | 149.32 | −0.040% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.40 | +0.013% | $153K | $75K | 10x | as long as short |
Polymarket Perps ORCL-USD
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL