Funding you earn now, next payment 08:00 UTC+0.0125%/8h= +13.7% APRnext payment +$1.25 per $10,000 · paid last 24h −0.047%
Price spread now: KuCoin against Gate+0.027%7-day average −0.025% · you sell dearer than you buy
Net, funding: paid 7d − costs−$214as in the Funding arb table
Net, price: spread back to 7d avg − costs−$201as in the Price arb table
costs, in and out, $10k−$2062.059% of the position
Funding, last 7 days−0.082%−$8 on $10k
+Price spread, last 4 days (all we have)−0.088%−$9 · spread now +0.027%, 7d avg −0.025%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and KuCoin is 0.052% dearer against Gate than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.025%. Mind the row above: over the last 7 days funding on this pair cost −0.082%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.88 | 0.0251 | pay 0.0251% / 8h | 4h 17m | $2.3M | $3.0M | 25x |
| Short | KuCoin ORCLUSDTM | 149.92 | 0.0376 | get 0.0376% / 8h | 4h 17m | $262K | $276K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin against Gate. 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
- $26.25
- Price spread: +0.027% → −0.025%
- $5.16
- Slippage, 4 orders
- −$178.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$174.52
- Costs to cover
- 2.059%
- Break-even
- 53.5 days
Slippage from Gate: live order book, 5 min ago; KuCoin: live order book, 63 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 Gate live order book, 5 min ago | 2.00 bp | 21.4 bp −$21 | 33.9 bp −$339 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 63 min ago | 6.68 bp | 106.2 bp −$106 | doesn't fit | 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 | −0.0885% | 4h | 149.83 | −0.030% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.74 | −0.096% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.09 | +0.140% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.89 | +0.007% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.87 | −0.007% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.81 | −0.047% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.547% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.75 | −0.087% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.86 | −0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.70 | −0.120% | $21.7M | $6.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.74 | −0.093% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.81 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.67 | −0.140% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0061% | 8h | 149.90 | +0.013% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0063% | 1h | 149.73 | −0.100% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.76 | −0.080% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.80 | −0.053% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.79 | −0.060% | $191 | — | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0251% | 8h | 149.88 | long leg | $2.3M | $3.0M | 25x | |
| Variational Omni ORCL | +0.0254% | 8h | 149.86 | −0.015% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0273% | 8h | 149.85 | −0.020% | $2K | $177K | 10x | as long as short |
| Binance ORCLUSDT | +0.0328% | 8h | 149.84 | −0.028% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.80 | −0.054% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0376% | 8h | 149.92 | +0.027% | $262K | $276K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0397% | 8h | 149.83 | −0.033% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.74 | −0.093% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0748% | 8h | 149.92 | +0.027% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0781% | 8h | 149.92 | +0.027% | $47K | $43K | 20x | as long as short |
Gate ORCL_USDT
KuCoin ORCLUSDTM
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT