Funding you earn now, next payment 16:00 UTC−0.0547%/8h= −59.9% APRnext payment −$5.47 per $10,000 · paid last 24h −0.114%
Price spread now: Orderly against Bybit−0.073%50s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 −$16 a day on $10k at the current rate, and Orderly is 0.073% cheaper against Bybit than usual: you would sell low and buy high (−$7 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 50 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 | 150.37 | 0.0647 | pay 0.0647% / 8h | 4h 48m | $4.2M | $1.8M | 50x |
| Short | Orderly PERP_ORCL_USDC_mythos | 150.26 | 0.0100 | get 0.0100% / 8h | 4h 48m | $191 | — | 10x |
Bybit ORCLUSDT
Orderly PERP_ORCL_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$114.9
- Price spread: −0.073% → 0.000%
- −$7.32
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$139.21
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Orderly: no order-book sample. 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 Bybit live order book, 2 min ago | 1.00 bp | 13.5 bp −$14 | 20.8 bp −$208 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | −0.0699% | 4h | 150.54 | +0.116% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.46 | +0.060% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.47 | +0.067% | $3K | $2.3M | 10x | as long as short |
| Nado ORCL-PERP | +0.0013% | 1h | 150.21 | −0.106% | $89K | $5K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 150.40 | +0.020% | $481K | $60K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 150.32 | −0.033% | $620K | $298K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.871% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.46 | +0.060% | — | — | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.20 | −0.113% | $21.9M | $6.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.13 | −0.160% | $77K | $151K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 150.22 | −0.100% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.99 | −0.253% | $698K | $880K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 150.22 | −0.100% | $1.1M | $1.9M | 10x | as long as short |
| HTX ORCL-USDT | +0.0086% | 8h | 150.24 | −0.086% | $52K | $18K | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.35 | −0.013% | $243K | $502K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.54 | +0.113% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 150.26 | −0.073% | $191 | — | 10x | |
| OKX ORCL-USDT-SWAP | +0.0223% | 8h | 150.26 | −0.073% | $5.0M | $6.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0234% | 8h | 150.44 | +0.047% | $2.3M | $2.8M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0235% | 8h | 150.31 | −0.040% | $7.8M | $2.4M | 20x | as long as short |
| Variational Omni ORCL | +0.0339% | 8h | 150.55 | +0.116% | $1.2M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0439% | 8h | 150.28 | −0.058% | $25.5M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0440% | 1h | 150.23 | −0.094% | $390K | $2.4M | 10x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.17 | −0.133% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0570% | 8h | 150.57 | +0.133% | $2K | $138K | 10x | as long as short |
| Bybit ORCLUSDTlong | +0.0647% | 8h | 150.37 | long leg | $4.2M | $1.8M | 50x | |
| BloFin ORCL-USDT | +0.0655% | 8h | 150.41 | +0.027% | $48K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 150.25 | −0.080% | $154K | $85K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
HTX ORCL-USDT
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Phoenix ORCL