Funding you earn now, next payment 00:00 UTC−0.0471%/8h= −51.6% APRnext payment −$4.71 per $10,000 · paid last 24h −0.058%
Price spread now: Variational Omni against Bybit−0.023%7-day average −0.006% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.094%−$9 on $10k
+Price spread, last 7 days−0.030%−$3 · spread now −0.023%, 7d avg −0.006%
=Together, before fees−0.124%+ Points / potential airdropVariational Omni: Active · farm board−$12 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.006%, so right now this pair is about funding alone: −$14 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.094% in total (about -10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.71 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 | 148.95 | 0.0471 | pay 0.0471% / 8h | 1h 29m | $3.5M | $1.6M | 50x |
| Short | Variational Omni ORCL | 148.92 | 0 | get 0.0000% / 8h | 1h 29m | $1.3M | $316K | — |
Bybit ORCLUSDT
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$98.92
- Price spread: −0.023% → −0.006%
- −$1.64
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$111.56
- Costs to cover
- 0.110%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; Variational Omni: RFQ quote, 5 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, 3 min ago | 0.34 bp | 13.2 bp −$13 | 21.8 bp −$218 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.06 bp | doesn't fit | 19.2 bp −$192 | 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 | −0.0105% | 4h | 148.91 | −0.024% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.92 | −0.019% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.98 | +0.020% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCLshort | 0.0000% | 8h | 148.92 | −0.023% | $1.3M | $316K | — | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.91 | −0.028% | $2K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.17 | +0.148% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.91 | −0.027% | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0008% | 1h | 148.88 | −0.045% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0011% | 8h | 148.92 | −0.019% | $24.8M | $35.6M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.96 | +0.007% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.90 | −0.034% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.074% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.85 | −0.067% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.81 | −0.094% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.81 | −0.094% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.91 | −0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.175% | $708K | $691K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.81 | −0.094% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.067% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.88 | −0.047% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0106% | 1h | 148.75 | −0.132% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0127% | 8h | 148.96 | +0.007% | $259K | $221K | 20x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.81 | −0.094% | $86K | $90K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0198% | 8h | 148.98 | +0.020% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0293% | 8h | 148.97 | +0.013% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0471% | 8h | 148.95 | long leg | $3.5M | $1.6M | 50x | |
| BloFin ORCL-USDT | +0.0474% | 8h | 148.91 | −0.027% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.88 | −0.047% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL