Funding you earn now, next payment 06:00 UTC+0.0037%/8h= +4.1% APRpaid last 24h +0.003%
Price spread now: OKX against Extended+0.040%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$34as in the Price arb table
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days+0.026%+$3 · spread now +0.040%, 7d avg +0.009%
=Together, before fees+0.019%+ Points / potential airdropExtended: Active · farm board+$2 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and OKX is 0.031% dearer against Extended than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.009%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCL_24_5-USD | 148.97 | 0.0280 | pay 0.0035% / 1h | 31m 02s | $388K | $1.6M | 10x |
| Short | OKX ORCL-USDT-SWAP | 149.03 | 0.0317 | get 0.0317% / 8h | 2h 31m | $4.9M | $6.0M | 20x |
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $7.78
- Price spread: +0.040% → +0.009%
- $3.07
- Slippage, 4 orders
- −$21.88
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$26.03
- Costs to cover
- 0.369%
- Break-even
- 30.4 days
Slippage from Extended: live order book, 2 min ago; OKX: live order book, 2 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 Extended live order book, 2 min ago | 1.01 bp | 7.6 bp −$8 | 70.5 bp −$705 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.34 bp | 11.0 bp −$11 | 21.3 bp −$213 | 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 | −0.0560% | 4h | 149.02 | +0.030% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | +0.147% | $93K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.10 | +0.087% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.24 | +0.180% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.25 | +0.187% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.08 | +0.073% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.00 | +0.019% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.060% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.97 | −0.001% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.05 | +0.053% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.88 | −0.061% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.96 | −0.007% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.00 | +0.019% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.92 | −0.034% | $679K | $828K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.00 | +0.019% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 148.93 | −0.027% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.93 | −0.028% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.96 | −0.007% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0163% | 8h | 149.04 | +0.044% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 148.97 | −0.003% | $1.3M | $368K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0277% | 8h | 149.09 | +0.080% | $241K | $287K | 20x | as long as short |
| Binance ORCLUSDT | +0.0279% | 8h | 149.01 | +0.025% | $25.0M | $35.7M | 20x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0280% | 1h | 148.97 | long leg | $388K | $1.6M | 10x | |
| Gate ORCL_USDT | +0.0280% | 8h | 149.04 | +0.046% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0317% | 8h | 149.03 | +0.040% | $4.9M | $6.0M | 20x | |
| Phoenix ORCL | +0.0428% | 1h | 148.98 | +0.006% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0623% | 8h | 149.17 | +0.133% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0637% | 8h | 149.08 | +0.073% | $4.1M | $1.8M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Binance ORCLUSDT
Gate ORCL_USDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT