Funding you earn now, next payment 04:00 UTC−0.1200%/8h= −131.4% APRpaid last 24h −0.252%
Price spread now: edgeX against Bybit−0.011%71s7-day average −0.016% · you buy dearer than you sell
Net, funding: paid 7d − costs−$186as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.479% of the position
Funding, last 7 days−1.384%−$138 on $10k
+Price spread, last 4 days (all we have)+0.349%+$35 · spread now −0.011%, 7d avg −0.016%
=Together, before fees−1.035%+ Points / potential airdropedgeX: Active · farm board−$103 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.016%, so right now this pair is about funding alone: −$36 a day on $10k at the current rate. The two prices were read 71 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 | Bybit ORCLUSDT | 149.40 | 0.0508 | pay 0.0508% / 8h | 5h 58m | $3.5M | $1.4M | 50x |
| Short | edgeX ORCLUSDC | 149.38 | −0.0693 | pay 0.0346% / 4h | 1h 58m | $28K | $215K | 10x |
Bybit ORCLUSDT
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$252.06
- Price spread: −0.011% → −0.016%
- $0.55
- Slippage, 4 orders
- −$27.92
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$299.43
- Costs to cover
- 0.479%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; edgeX: live order book, 3 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, 4 min ago | 1.67 bp | 13.5 bp −$13 | 21.6 bp −$216 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 3 min ago | 6.36 bp | 11.5 bp −$11 | 18.7 bp −$187 | 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 ORCLUSDCshort | −0.0693% | 4h | 149.38 | −0.011% | $28K | $215K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.18 | −0.145% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.067% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.007% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.32 | −0.054% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.30 | −0.067% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.228% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.22 | −0.120% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.29 | −0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.26 | −0.094% | $131K | $90K | 10x | as long as short |
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 | 149.26 | −0.094% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.21 | −0.127% | $697K | $717K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.28 | −0.080% | $1.1M | $2.7M | 10x | as long as short |
| Gate ORCL_USDT | +0.0087% | 8h | 149.37 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0089% | 1h | 149.22 | −0.120% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.17 | −0.154% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.32 | −0.054% | $190 | — | 10x | as long as short |
| Bitget ORCLUSDT | +0.0116% | 8h | 149.43 | +0.020% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0124% | 1h | 149.16 | −0.163% | $92K | $18K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0162% | 8h | 149.39 | −0.007% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.35 | −0.031% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.30 | −0.068% | $389K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0251% | 8h | 149.35 | −0.033% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0322% | 8h | 149.40 | 0.000% | $260K | $267K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0336% | 8h | 149.39 | −0.007% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0508% | 8h | 149.40 | long leg | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0535% | 1h | 149.32 | −0.054% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Bitget ORCLUSDT
Nado ORCL-PERP
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL