ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 06:00 UTC−0.0246%/8h= −26.9% APRnext payment −$0.31 per $10,000 · paid last 24h −0.043%

Price spread now: tradeXYZ against Extended−0.045%7-day average −0.097% · you buy dearer than you sell

Net, funding: paid 7d − costs−$45as in the Funding arb table

Net, price: spread back to 7d avg − costs−$33as in the Price arb table

costs, in and out, $10k−$390.387% of the position

Long on Extended Short on tradeXYZ

What this pair did over the last

the charts below follow

Funding, last 7 days−0.063%−$6 on $10k

Price spread, last 7 days+0.005%$0 · spread now −0.045%, 7d avg −0.097%

Together, before fees−0.058%+ Points / potential airdropExtended: Active · tradeXYZ: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread pays, funding is against you. tradeXYZ is 0.052% dearer against Extended than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.097%): +$5 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.063% in total) that is about 5.9 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.063% in total (about -3.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.31 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	Extended ORCL_24_5-USD	149.38	0.0296	pay 0.0037% / 1h	44m 57s	$388K	$1.5M	10x
Short	tradeXYZ xyz:ORCL	149.31	0.0050	get 0.0006% / 1h	44m 57s	$21.6M	$6.9M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

tradeXYZ against Extended. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee ExtendedbpFee tradeXYZbpOrdersPrice spread, now −0.045%Rate

Funding earned: −$51.66
Price spread: −0.045% → −0.097%: $5.25
Slippage, 4 orders: −$15.7
Fee Extended: 2.5 bp × 2 orders: −$5
Fee tradeXYZ: 9 bp × 2 orders: −$18
Net: −$85.12
Costs to cover: 0.387%
Break-even: never at this rate

Slippage from Extended: live order book, 3 min ago; tradeXYZ: live order book, 4 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, 3 min ago	1.34 bp	7.9 bp −$8	43.7 bp −$437	doesn't fit	doesn't fit
Sell tradeXYZ live order book, 4 min ago	0.34 bp	11.3 bp −$11	14.2 bp −$142	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	−0.0424%	4h	149.47	+0.060%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.51	+0.092%	$94K	$16K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.54	+0.109%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.69	+0.210%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.63	+0.169%	$52K	$24K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.51	+0.089%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.46	+0.056%	$623K	$317K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.212%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.41	+0.022%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.52	+0.096%	—	$67K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ORCLshort	+0.0050%	1h	149.31	−0.045%	$21.6M	$6.9M	10x
Polymarket Perps ORCL-USD	+0.0050%	1h	149.41	+0.022%	$131K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.45	+0.049%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.30	−0.052%	$709K	$788K	10x	as long as short
Nado ORCL-PERP	+0.0056%	1h	149.35	−0.019%	$88K	$22K	10x	as long as short
QFEX ORCL-USD	+0.0058%	1h	149.47	+0.062%	$1.1M	$2.1M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.43	+0.035%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.44	+0.042%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0182%	8h	149.46	+0.056%	$1K	$175K	10x	as long as short
Variational Omni ORCL	+0.0224%	8h	149.40	+0.015%	$1.3M	$363K	—	as long as short
Extended ORCL_24_5-USDlong	+0.0296%	1h	149.38	long leg	$388K	$1.5M	10x
Binance ORCLUSDT	+0.0300%	8h	149.41	+0.024%	$25.0M	$35.6M	20x	as long as short
KuCoin ORCLUSDTM	+0.0309%	8h	149.55	+0.116%	$261K	$279K	20x	as long as short
Gate ORCL_USDT	+0.0321%	8h	149.52	+0.096%	$2.3M	$3.0M	25x	as long as short
OKX ORCL-USDT-SWAP	+0.0337%	8h	149.44	+0.042%	$5.0M	$5.9M	20x	as long as short
Phoenix ORCL	+0.0428%	1h	149.44	+0.042%	$153K	$75K	10x	as long as short
BloFin ORCL-USDT	+0.0635%	8h	149.49	+0.076%	$47K	$43K	20x	as long as short
Bybit ORCLUSDT	+0.0662%	8h	149.46	+0.056%	$4.1M	$1.8M	50x	as long as short