Funding you earn now, next payment 08:00 UTC+0.1531%/8h= +167.6% APRpaid last 24h +0.282%
Price spread now: Phoenix against edgeX−0.016%7-day average −0.050% · you buy dearer than you sell
Net, funding: paid 7d − costs+$163as in the Funding arb table
Net, price: spread back to 7d avg − costs−$42as in the Price arb table
costs, in and out, $10k−$450.450% of the position
Funding, last 7 days+2.076%+$208 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now −0.016%, 7d avg −0.050%
=Together, before fees+2.164%+ Points / potential airdropedgeX: Active · farm board+$216 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$46 a day on $10k at the current rate, and Phoenix is 0.034% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.050%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ORCLUSDC | 148.72 | −0.0994 | get 0.0497% / 4h | 3h 38m | $28K | $214K | 10x |
| Short | Phoenix ORCL | 148.70 | 0.0537 | get 0.0067% / 1h | 38m 40s | $152K | $73K | 10x |
edgeX ORCLUSDC
Phoenix ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against edgeX. 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
- $321.44
- Price spread: −0.016% → −0.050%
- $3.43
- Slippage, 4 orders
- −$29.02
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $279.84
- Costs to cover
- 0.450%
- Break-even
- 0.9 days
Slippage from edgeX: live order book, 58 min ago; Phoenix: live order book, 52 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 edgeX live order book, 58 min ago | 6.03 bp | 10.9 bp −$11 | 18.5 bp −$185 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 52 min ago | 3.35 bp | 11.5 bp −$11 | 24.8 bp −$248 | 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 ORCLUSDClong | −0.0994% | 4h | 148.72 | long leg | $28K | $214K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.091% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.85 | +0.085% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.76 | +0.024% | $1K | $152K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.266% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.74 | +0.011% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.77 | +0.031% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.73 | +0.004% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.226% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.76 | +0.024% | $86K | $79K | 10x | as long as short |
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
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 | 148.76 | +0.024% | — | $67K | 25x | as long as short |
| Nado ORCL-PERP | +0.0046% | 1h | 148.64 | −0.055% | $88K | $22K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.58 | −0.097% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.81 | +0.058% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.55 | −0.117% | $708K | $870K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0053% | 1h | 148.64 | −0.057% | $21.7M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.77 | +0.031% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.86 | +0.091% | $240K | $308K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.65 | −0.050% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.78 | +0.038% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0161% | 8h | 148.74 | +0.008% | $1.2M | $428K | — | as long as short |
| Gate ORCL_USDT | +0.0166% | 8h | 148.90 | +0.118% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0211% | 8h | 148.78 | +0.038% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 148.78 | +0.038% | $25.1M | $36.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 148.79 | +0.046% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCLshort | +0.0537% | 1h | 148.70 | −0.016% | $152K | $73K | 10x | |
| Bybit ORCLUSDT | +0.0620% | 8h | 148.79 | +0.044% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0622% | 8h | 148.73 | +0.004% | $47K | $45K | 20x | as long as short |
Vest ORCL-USD-PERP
Nado ORCL-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCL
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Bybit ORCLUSDT
BloFin ORCL-USDT