Funding you earn now, next payment 08:00 UTC−0.0214%/8h= −23.5% APRnext payment −$2.14 per $10,000 · paid last 24h −0.067%
Price spread now: KuCoin against BloFin−0.040%95s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.020%−$2 on $10k
+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 KuCoin is 0.040% cheaper against BloFin than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 95 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 -0.020% in total (about -1.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.14 per $10,000. 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 | 149.57 | 0.0548 | pay 0.0548% / 8h | 5h 27m | $47K | $43K | 20x |
| Short | KuCoin ORCLUSDTM | 149.51 | 0.0334 | get 0.0334% / 8h | 5h 27m | $261K | $267K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$44.98
- Price spread: −0.040% → 0.000%
- −$4.01
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$72.99
- Costs to cover
- 0.240%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; KuCoin: live order book, 68 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 KuCoin live order book, 68 min ago | 8.03 bp | 70.9 bp −$71 | doesn't fit | 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 | −0.0764% | 4h | 149.42 | −0.099% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.20 | −0.248% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.027% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | −0.167% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.38 | −0.127% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | −0.160% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.341% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.32 | −0.167% | $87K | $79K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0043% | 8h | 149.47 | −0.067% | $7.7M | $4.0M | 20x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | −0.114% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.25 | −0.214% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.32 | −0.167% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.35 | −0.147% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.24 | −0.221% | $699K | $728K | 10x | as long as short |
| Gate ORCL_USDT | +0.0054% | 8h | 149.46 | −0.074% | $2.3M | $2.9M | 25x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.34 | −0.154% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.20 | −0.246% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.39 | −0.120% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.35 | −0.147% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0146% | 8h | 149.48 | −0.058% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.50 | −0.044% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.35 | −0.147% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0251% | 8h | 149.39 | −0.119% | $24.9M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0332% | 8h | 149.50 | −0.047% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0334% | 8h | 149.51 | −0.040% | $261K | $267K | 20x | |
| Phoenix ORCL | +0.0536% | 1h | 149.31 | −0.174% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0547% | 8h | 149.48 | −0.060% | $3.7M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDTlong | +0.0548% | 8h | 149.57 | long leg | $47K | $43K | 20x |
BloFin ORCL-USDT
KuCoin ORCLUSDTM
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Bitget ORCLUSDT
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Gate ORCL_USDT
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT