Funding you earn now, next payment 01:00 UTC−0.0360%/8h= −39.4% APRpaid last 24h −0.094%
Price spread now: tradeXYZ against Bybit−0.127%7-day average −0.112% · you buy dearer than you sell
Net, funding: paid 7d − costs−$66as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$510.515% of the position
Funding, last 7 days−0.144%−$14 on $10k
+Price spread, last 7 days+0.058%+$6 · spread now −0.127%, 7d avg −0.112%
=Together, before fees−0.086%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.112%, so right now this pair is about funding alone: −$11 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 -0.144% in total (about -7.5% a year). A funding rate is set anew for every payment. 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 | 149.68 | 0.0572 | pay 0.0572% / 8h | 7h 48m | $3.5M | $1.4M | 50x |
| Short | tradeXYZ xyz:ORCL | 149.49 | 0.0212 | get 0.0026% / 1h | 48m 05s | $21.5M | $7.0M | 10x |
Bybit ORCLUSDT
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$75.53
- Price spread: −0.127% → −0.112%
- −$1.46
- Slippage, 4 orders
- −$22.49
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$128.48
- Costs to cover
- 0.515%
- Break-even
- never at this rate
Slippage from Bybit: live order book, 4 min ago; tradeXYZ: live order book, 10 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 | 0.34 bp | 13.6 bp −$14 | 30.5 bp −$305 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 10 min ago | 1.00 bp | 11.8 bp −$12 | 17.3 bp −$173 | 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 | −0.0886% | 4h | 149.38 | −0.202% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.63 | −0.032% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.127% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.180% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.013% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.63 | −0.033% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.414% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.56 | −0.080% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.61 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | −0.194% | $702K | $705K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0051% | 1h | 149.43 | −0.166% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.56 | −0.080% | $1.1M | $2.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0099% | 1h | 149.54 | −0.094% | $131K | $93K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.307% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.57 | −0.073% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0143% | 8h | 149.30 | −0.253% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0166% | 8h | 149.65 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0190% | 8h | 149.36 | −0.212% | $1K | $192K | 10x | as long as short |
| Binance ORCLUSDT | +0.0197% | 8h | 149.64 | −0.028% | $25.1M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.61 | −0.046% | $386K | $1.6M | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0212% | 1h | 149.49 | −0.127% | $21.5M | $7.0M | 10x | |
| KuCoin ORCLUSDTM | +0.0289% | 8h | 149.53 | −0.100% | $260K | $251K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0322% | 8h | 149.66 | −0.013% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0405% | 8h | 149.69 | +0.007% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.35 | −0.220% | $87K | $80K | 10x | as long as short |
| Bybit ORCLUSDTlong | +0.0572% | 8h | 149.68 | long leg | $3.5M | $1.4M | 50x | |
| BloFin ORCL-USDT | +0.0583% | 8h | 149.35 | −0.220% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.31 | −0.247% | $150K | $84K | 10x | as long as short |
Nado ORCL-PERP
QFEX ORCL-USD
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Phoenix ORCL