Funding you earn now, next payment 16:00 UTC−0.0453%/8h= −49.6% APRnext payment −$4.53 per $10,000 · paid last 24h −0.144%
Price spread now: SunX against Bybit+0.215%7-day average +0.145% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)+0.157%+$16 · spread now +0.215%, 7d avg +0.145%
=The price spread pays, funding is against you. SunX is 0.071% dearer against Bybit than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.145%): +$7 on $10k if it goes back. Holding the pair costs −$14 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.306% in total) that is about 39 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.306% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.53 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 | 148.50 | 0.0453 | pay 0.0453% / 8h | 7h 30m | $4.1M | $1.9M | 50x |
| Short | SunX ORCL-USDT | 148.82 | 0 | get 0.0000% / 8h | 7h 30m | $2K | $2.6M | 10x |
Bybit ORCLUSDT
SunX ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$95.12
- Price spread: +0.215% → +0.145%
- $7.09
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$107.02
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; SunX: live order book, 7 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 Bybit live order book, 2 min ago | 1.68 bp | 14.5 bp −$14 | 24.2 bp −$242 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 29.86 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
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 | −0.0211% | 4h | 148.71 | +0.140% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.242% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.59 | +0.061% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.78 | +0.190% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 148.82 | +0.215% | $2K | $2.6M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 148.87 | +0.249% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.51 | +0.007% | $474K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.46 | −0.027% | $602K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.377% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.53 | +0.020% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.60 | +0.067% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.46 | −0.027% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.59 | +0.061% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | +0.047% | $707K | $846K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 148.50 | −0.001% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.58 | +0.054% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0067% | 1h | 148.39 | −0.074% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.57 | +0.047% | $240K | $315K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.60 | +0.067% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.65 | +0.101% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0139% | 8h | 148.60 | +0.068% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0199% | 8h | 148.51 | +0.007% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0228% | 8h | 148.52 | +0.013% | $25.0M | $36.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0232% | 1h | 148.49 | −0.009% | $388K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0240% | 8h | 148.63 | +0.088% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDTlong | +0.0453% | 8h | 148.50 | long leg | $4.1M | $1.9M | 50x | |
| BloFin ORCL-USDT | +0.0455% | 8h | 148.71 | +0.141% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.66 | +0.108% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
BloFin ORCL-USDT
Phoenix ORCL