Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.021%
Price spread now: tradeXYZ against HTX−0.114%49s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Funding pays, the price is against you. tradeXYZ is 0.114% cheaper against HTX than usual: you would sell low and buy high (spread −0.114% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$11 on $10k: about 7.6 days of funding at the current rate (+$2 a day). The two prices were read 49 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 | HTX ORCL-USDT | 149.72 | 0 | get 0.0000% / 8h | 3h 07m | $52K | $24K | 20x |
| Short | tradeXYZ xyz:ORCL | 149.55 | 0.0050 | get 0.0006% / 1h | 7m 28s | $21.6M | $6.8M | 10x |
HTX ORCL-USDT
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ against HTX. 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
- $10.5
- Price spread: −0.114% → 0.000%
- −$11.35
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$30.85
- Costs to cover
- 0.300%
- Break-even
- 27.6 days
Slippage unknown: HTX: no order-book sample; tradeXYZ: live order book, 11 min ago. Net counts fees only.
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 HTX no order-book sample | — | — | — | — | — |
| Sell tradeXYZ live order book, 11 min ago | 0.67 bp | 11.7 bp −$12 | 13.7 bp −$137 | doesn't fit | doesn't fit |
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0308% | 4h | 149.63 | −0.060% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.75 | +0.020% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.80 | +0.053% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.100% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDTlong | 0.0000% | 8h | 149.72 | long leg | $52K | $24K | 20x | |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.013% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.68 | −0.027% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.441% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.080% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | +0.007% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX 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:ORCLshort | +0.0050% | 1h | 149.55 | −0.114% | $21.6M | $6.8M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.64 | −0.053% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.140% | $703K | $790K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.57 | −0.099% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.67 | −0.033% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.58 | −0.094% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.62 | −0.067% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0192% | 8h | 149.67 | −0.033% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.65 | −0.045% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0311% | 8h | 149.75 | +0.020% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.68 | −0.024% | $388K | $786K | 10x | as long as short |
| Gate ORCL_USDT | +0.0323% | 8h | 149.78 | +0.040% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0333% | 8h | 149.77 | +0.033% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0356% | 8h | 149.75 | +0.020% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.60 | −0.080% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0676% | 8h | 149.75 | +0.020% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0707% | 8h | 149.75 | +0.020% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT