Funding you earn now, next payment 00:00 UTC+0.0244%/8h= +26.7% APRpaid last 24h +0.152%
Price spread now: tradeXYZ against edgeX−0.067%106s7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs+$80as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days+1.248%+$125 on $10k
+Price spread, last 3 days (all we have)−0.128%−$13 · spread now −0.067%, 7d avg −0.097%
=Together, before fees+1.120%+ Points / potential airdropedgeX: Active · tradeXYZ: Active · farm board+$112 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and tradeXYZ is 0.030% dearer against edgeX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.097%. The two prices were read 106 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 | edgeX ORCLUSDC | 149.10 | −0.0051 | get 0.0025% / 4h | 35m 54s | $28K | $214K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.00 | 0.0193 | get 0.0024% / 1h | 35m 54s | $21.4M | $8.5M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $51.15
- Price spread: −0.067% → −0.097%
- $3
- Slippage, 4 orders
- −$17.6
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- $9.55
- Costs to cover
- 0.446%
- Break-even
- 5.7 days
Slippage from edgeX: live order book, 41 min ago; tradeXYZ: live order book, 3 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, 41 min ago | 6.39 bp | 11.4 bp −$11 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 0.34 bp | 10.5 bp −$11 | 14.0 bp −$140 | 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 | −0.0051% | 4h | 149.10 | long leg | $28K | $214K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.17 | +0.050% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.14 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.36 | +0.174% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.014% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.12 | +0.014% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.027% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.05 | −0.033% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0046% | 8h | 149.09 | −0.007% | $2K | $196K | 10x | as long as short |
| Variational Omni ORCL | +0.0050% | 8h | 149.12 | +0.012% | $1.3M | $314K | — | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.11 | +0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.87 | −0.154% | $708K | $693K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0056% | 1h | 149.00 | −0.067% | $131K | $122K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.10 | 0.000% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | +0.020% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.12 | +0.014% | $190 | — | 10x | as long as short |
| Binance ORCLUSDT | +0.0103% | 8h | 149.14 | +0.027% | $24.9M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0104% | 1h | 149.11 | +0.010% | $386K | $1.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0183% | 1h | 148.88 | −0.151% | $92K | $18K | 10x | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.10 | 0.000% | $620K | $462K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0193% | 1h | 149.00 | −0.067% | $21.4M | $8.5M | 10x | |
| KuCoin ORCLUSDTM | +0.0211% | 8h | 149.16 | +0.040% | $259K | $236K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0284% | 8h | 149.10 | 0.000% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.99 | −0.074% | $86K | $84K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0354% | 8h | 149.16 | +0.040% | $7.4M | $4.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0527% | 8h | 149.11 | +0.007% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.00 | −0.067% | $149K | $84K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0543% | 8h | 149.17 | +0.047% | $47K | $51K | 20x | as long as short |
edgeX ORCLUSDC
tradeXYZ xyz:ORCL
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
GRVT ORCL_USDT_Perp
Variational Omni ORCL
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Lighter RH ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT