Funding you earn now, next payment 11:00 UTC+0.0259%/8h= +28.4% APRpaid last 24h +0.073%
Price spread now: Bybit against Extended+0.053%7-day average +0.018% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$440.438% of the position
Funding, last 7 days+0.118%+$12 on $10k
+Price spread, last 7 days−0.053%−$5 · spread now +0.053%, 7d avg +0.018%
=Together, before fees+0.065%+ Points / potential airdropExtended: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$8 a day on $10k at the current rate, and Bybit is 0.035% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.018%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.118% in total (about 6.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCL_24_5-USD | 149.63 | 0.0416 | pay 0.0052% / 1h | 30m 21s | $388K | $2.1M | 10x |
| Short | Bybit ORCLUSDT | 149.71 | 0.0675 | get 0.0675% / 8h | 5h 30m | $4.2M | $1.8M | 50x |
Extended ORCL_24_5-USD
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $54.45
- Price spread: +0.053% → +0.018%
- $3.47
- Slippage, 4 orders
- −$27.8
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $14.13
- Costs to cover
- 0.438%
- Break-even
- 5.2 days
Slippage from Extended: live order book, 1 min ago; Bybit: live order book, just now.
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 Extended live order book, 1 min ago | 1.00 bp | 7.5 bp −$8 | 67.4 bp −$674 | doesn't fit | doesn't fit |
| Sell Bybit live order book, just now | 1.00 bp | 15.1 bp −$15 | 48.9 bp −$489 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0426% | 4h | 149.70 | +0.044% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.087% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.95 | +0.213% | $3K | $2.3M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.73 | +0.066% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.381% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.74 | +0.073% | — | $28K | 25x | as long as short |
| Lighter RH ORCL | +0.0048% | 1h | 149.67 | +0.026% | $623K | $294K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | +0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.081% | $687K | $868K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0061% | 1h | 149.63 | 0.000% | $131K | $69K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Lighter RH ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Polymarket Perps ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORCLUSDT | +0.0075% | 8h | 149.76 | +0.086% | $7.7M | $2.4M | 20x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.65 | +0.013% | $1.1M | $1.9M | 10x | as long as short |
| Nado ORCL-PERP | +0.0093% | 1h | 149.55 | −0.052% | $88K | $19K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.71 | +0.053% | $242K | $454K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.56 | −0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | +0.026% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0155% | 1h | 149.57 | −0.041% | $21.9M | $6.6M | 10x | as long as short |
| HTX ORCL-USDT | +0.0184% | 8h | 149.73 | +0.066% | $52K | $24K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0236% | 8h | 149.67 | +0.026% | $5.0M | $6.1M | 20x | as long as short |
| Variational Omni ORCL | +0.0323% | 8h | 149.61 | −0.014% | $1.2M | $391K | — | as long as short |
| Gate ORCL_USDT | +0.0331% | 8h | 149.76 | +0.086% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0416% | 1h | 149.63 | long leg | $388K | $2.1M | 10x | |
| Binance ORCLUSDT | +0.0417% | 8h | 149.68 | +0.035% | $25.3M | $35.2M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.57 | −0.041% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0644% | 8h | 149.74 | +0.071% | $1K | $134K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0675% | 8h | 149.71 | +0.053% | $4.2M | $1.8M | 50x | |
| BloFin ORCL-USDT | +0.0703% | 8h | 149.84 | +0.140% | $48K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.60 | −0.021% | $153K | $72K | 10x | as long as short |
Bitget ORCLUSDT
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
HTX ORCL-USDT
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Phoenix ORCL