Funding you earn now, next payment 08:00 UTC−0.0532%/8h= −58.2% APRnext payment −$5.32 per $10,000 · paid last 24h −0.115%
Price spread now: SunX against BloFin+0.094%55s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.248%−$25 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. SunX is 0.094% dearer against BloFin than usual: you sell high and buy low (spread +0.094% now, against zero (this spread has no 7-day history yet)): +$9 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.248% in total) that is about 2.6 days. The two prices were read 55 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 -0.248% in total (about -13.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$5.32 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 | 149.38 | 0.0532 | pay 0.0532% / 8h | 12m 02s | $47K | $45K | 20x |
| Short | SunX ORCL-USDT | 149.52 | 0 | get 0.0000% / 8h | 12m 02s | $3K | $2.7M | 10x |
BloFin ORCL-USDT
SunX ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$111.68
- Price spread: +0.094% → 0.000%
- $9.37
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$122.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; SunX: live order book, 5 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 SunX live order book, 5 min ago | 29.76 bp | doesn't fit | 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 | −0.0330% | 4h | 149.29 | −0.058% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.44 | +0.040% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | −0.013% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 149.52 | +0.094% | $3K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.020% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | −0.054% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | −0.060% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.214% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.20 | −0.120% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | −0.074% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
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 | 149.15 | −0.154% | $21.7M | $7.0M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.25 | −0.087% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.25 | −0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.11 | −0.181% | $707K | $879K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 149.15 | −0.156% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.28 | −0.067% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.34 | −0.027% | $240K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | −0.047% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.25 | −0.087% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0166% | 8h | 149.29 | −0.059% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0183% | 8h | 149.32 | −0.040% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0204% | 8h | 149.39 | +0.007% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0219% | 8h | 149.31 | −0.047% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.28 | −0.067% | $25.1M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.24 | −0.091% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | −0.147% | $152K | $72K | 10x | as long as short |
| BloFin ORCL-USDTlong | +0.0532% | 8h | 149.38 | long leg | $47K | $45K | 20x | |
| Bybit ORCLUSDT | +0.0547% | 8h | 149.32 | −0.040% | $4.2M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT