Funding you earn now, next payment 05:00 UTC−0.0418%/8h= −45.8% APRpaid last 24h −0.053%
Price spread now: Extended against BloFin−0.202%74s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$13 a day on $10k at the current rate, and Extended is 0.202% cheaper against BloFin than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment. 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 | BloFin ORCL-USDT | 149.89 | 0.0746 | pay 0.0746% / 8h | 3h 25m | $47K | $43K | 20x |
| Short | Extended ORCL_24_5-USD | 149.59 | 0.0328 | get 0.0041% / 1h | 25m 56s | $388K | $1.3M | 10x |
BloFin ORCL-USDT
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against BloFin. 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
- −$87.88
- Price spread: −0.202% → 0.000%
- −$20.19
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$125.07
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Extended: live order book, 2 min ago. 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 2 min ago | 1.34 bp | 7.9 bp −$8 | 70.8 bp −$708 | doesn't fit | doesn't fit |
BloFin: 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 | −0.0300% | 4h | 149.73 | −0.106% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.79 | −0.064% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.72 | −0.113% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.85 | −0.027% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.74 | −0.100% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.64 | −0.167% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.63 | −0.173% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.554% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.193% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.74 | −0.100% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.58 | −0.207% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.57 | −0.213% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.63 | −0.173% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.47 | −0.280% | $705K | $725K | 10x | as long as short |
| Nado ORCL-PERP | +0.0052% | 1h | 149.54 | −0.231% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.62 | −0.180% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.66 | −0.153% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.60 | −0.193% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0215% | 8h | 149.78 | −0.075% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0246% | 8h | 149.60 | −0.192% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0308% | 8h | 149.69 | −0.133% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0327% | 8h | 149.63 | −0.173% | $25.1M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0328% | 1h | 149.59 | −0.202% | $388K | $1.3M | 10x | |
| KuCoin ORCLUSDTM | +0.0360% | 8h | 149.74 | −0.100% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0380% | 8h | 149.67 | −0.147% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.65 | −0.160% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0712% | 8h | 149.70 | −0.127% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDTlong | +0.0746% | 8h | 149.89 | long leg | $47K | $43K | 20x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT