Funding you earn now, next payment 09:00 UTC+0.0207%/8h= +22.6% APRnext payment +$0.26 per $10,000 · paid last 24h +0.049%
Price spread now: Extended against Injective+0.188%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.065%+$6 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.188% dearer against Injective than usual: you sell high and buy low: +$19 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.065% in total (about 3.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.26 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 | Injective ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 2m 26s | $20K | $9K | 12x |
| Short | Extended ORCL_24_5-USD | 149.34 | 0.0240 | get 0.0030% / 1h | 2m 26s | $388K | $2.1M | 10x |
Injective ORCL/USDC PERP
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended against Injective. 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
- $43.4
- Price spread: +0.188% → 0.000%
- $18.81
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $57.19
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: live order book, 1 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 1 min ago | 1.00 bp | 7.6 bp −$8 | 46.4 bp −$464 | doesn't fit | doesn't fit |
Injective: 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 | −0.0245% | 4h | 149.31 | +0.170% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | +0.010% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.45 | +0.262% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.362% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.302% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.37 | +0.208% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.32 | +0.174% | $607K | $319K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $9K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | +0.134% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | +0.201% | — | $55K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.27 | +0.141% | $131K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.38 | +0.215% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | +0.060% | $714K | $838K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.19 | +0.087% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.35 | +0.195% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.33 | +0.181% | $241K | $350K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.228% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.31 | +0.168% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0103% | 1h | 149.23 | +0.114% | $21.8M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.23 | +0.114% | $1.2M | $416K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0175% | 8h | 149.38 | +0.214% | $1K | $144K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0200% | 8h | 149.38 | +0.215% | $5.0M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0238% | 8h | 149.39 | +0.221% | $25.2M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0240% | 1h | 149.34 | +0.188% | $388K | $2.1M | 10x | |
| Gate ORCL_USDT | +0.0326% | 8h | 149.46 | +0.268% | $2.3M | $2.9M | 25x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 149.20 | +0.094% | $153K | $73K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0648% | 8h | 149.35 | +0.195% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0658% | 8h | 149.41 | +0.235% | $4.1M | $1.8M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Variational Omni ORCL
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Gate ORCL_USDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT