Funding you earn now, next payment 08:00 UTC−0.0156%/8h= −17.0% APRnext payment −$1.56 per $10,000 · paid last 24h −0.047%
Price spread now: OKX against Bybit−0.013%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$500.495% of the position
Funding, last 7 days−0.088%−$9 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now −0.013%, 7d avg −0.007%
=The price spread sits at its 7-day average of −0.007%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCLUSDT | 149.28 | 0.0491 | pay 0.0491% / 8h | 5h 55m | $3.5M | $1.4M | 50x |
| Short | OKX ORCL-USDT-SWAP | 149.26 | 0.0335 | get 0.0335% / 8h | 5h 55m | $4.9M | $5.6M | 20x |
Bybit ORCLUSDT
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- −$32.69
- Price spread: −0.013% → −0.007%
- −$0.61
- Slippage, 4 orders
- −$28.54
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$82.84
- Costs to cover
- 0.495%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 2 min ago; OKX: 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, 2 min ago | 1.67 bp | 14.4 bp −$14 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.67 bp | 12.0 bp −$12 | 21.0 bp −$210 | 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 | −0.0737% | 4h | 149.32 | +0.027% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.16 | −0.078% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.44 | +0.107% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.46 | +0.121% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.31 | +0.020% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.23 | −0.033% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.147% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.20 | −0.054% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.29 | +0.007% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.13 | −0.100% | $21.5M | $6.7M | 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
tradeXYZ xyz:ORCLShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.16 | −0.080% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.23 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.08 | −0.134% | $697K | $717K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.17 | −0.074% | $1.1M | $2.7M | 10x | as long as short |
| Gate ORCL_USDT | +0.0077% | 8h | 149.25 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| Nado ORCL-PERP | +0.0085% | 1h | 149.17 | −0.071% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.23 | −0.033% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.20 | −0.054% | $190 | — | 10x | as long as short |
| Bitget ORCLUSDT | +0.0107% | 8h | 149.34 | +0.040% | $7.7M | $4.0M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0179% | 8h | 149.38 | +0.066% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.25 | −0.023% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0253% | 8h | 149.23 | −0.033% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.20 | −0.056% | $389K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0323% | 8h | 149.33 | +0.033% | $260K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0335% | 8h | 149.26 | −0.013% | $4.9M | $5.6M | 20x | |
| Bybit ORCLUSDTlong | +0.0491% | 8h | 149.28 | long leg | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0535% | 1h | 149.21 | −0.047% | $153K | $75K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Phoenix ORCL