Funding you earn now, next payment 08:00 UTC−0.0286%/8h= −31.3% APRnext payment −$2.86 per $10,000 · paid last 24h −0.003%
Price spread now: Bitget against Bybit+0.033%7-day average +0.030% · you sell dearer than you buy
Net, funding: paid 7d − costs−$62as in the Funding arb table
Net, price: spread back to 7d avg − costs−$56as in the Price arb table
costs, in and out, $10k−$560.562% of the position
Funding, last 7 days−0.059%−$6 on $10k
+Price spread, last 7 days−0.001%$0 · spread now +0.033%, 7d avg +0.030%
=The price spread sits at its 7-day average of +0.030%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.059% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.86 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 | Bybit ORCLUSDT | 149.45 | 0.0483 | pay 0.0483% / 8h | 6h 26m | $3.5M | $1.4M | 50x |
| Short | Bitget ORCLUSDT | 149.50 | 0.0197 | get 0.0197% / 8h | 6h 26m | $7.6M | $4.0M | 20x |
Bybit ORCLUSDT
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Bybit. 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
- −$60.08
- Price spread: +0.033% → +0.030%
- $0.37
- Slippage, 4 orders
- −$33.23
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$115.94
- Costs to cover
- 0.562%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 1 min ago; Bitget: live order book, 2 min ago.
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 Bybit live order book, 1 min ago | 1.67 bp | 14.1 bp −$14 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.67 bp | 14.6 bp −$15 | 25.1 bp −$251 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0375% | 4h | 149.36 | −0.058% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.26 | −0.127% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.107% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.44 | −0.007% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | +0.020% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.41 | −0.027% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.261% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | −0.127% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | −0.060% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.31 | −0.094% | $131K | $90K | 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
Polymarket Perps ORCL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.43 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.201% | $712K | $681K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 149.24 | −0.141% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.36 | −0.060% | $1.1M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0075% | 1h | 149.31 | −0.094% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.23 | −0.147% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.39 | −0.040% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0128% | 8h | 149.47 | +0.013% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0139% | 8h | 149.37 | −0.052% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 149.44 | −0.006% | $1.3M | $363K | — | as long as short |
| Bitget ORCLUSDTshort | +0.0197% | 8h | 149.50 | +0.033% | $7.6M | $4.0M | 20x | |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.40 | −0.030% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0242% | 8h | 149.45 | +0.002% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0307% | 8h | 149.39 | −0.040% | $260K | $262K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0332% | 8h | 149.48 | +0.020% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0483% | 8h | 149.45 | long leg | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0535% | 1h | 149.15 | −0.201% | $152K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL