Funding you earn now, next payment 05:00 UTC−0.0254%/8h= −27.8% APRpaid last 24h −0.019%
Price spread now: ApeX Omni against KuCoin+0.020%82s7-day average −0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$210as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2072.074% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.134%+$13 · spread now +0.020%, 7d avg −0.035%
=The price spread pays, funding is against you. ApeX Omni is 0.055% dearer against KuCoin than usual: you sell high and buy low (spread +0.020% now, against its 7-day average of −0.035%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 17 hours. At the pace of the last 7 days (−0.024% in total) that is about 16 days. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment. 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 | KuCoin ORCLUSDTM | 149.76 | 0.0354 | pay 0.0354% / 8h | 3h 18m | $262K | $276K | 20x |
| Short | ApeX Omni ORACLEUSDT | 149.79 | 0.0100 | get 0.0013% / 1h | 18m 07s | $22K | $263K | 50x |
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- −$53.34
- Price spread: +0.020% → −0.035%
- $5.51
- Slippage, 4 orders
- −$185.43
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$255.25
- Costs to cover
- 2.074%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 53 min ago; ApeX Omni: live order book, 34 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 KuCoin live order book, 53 min ago | 7.00 bp | 77.0 bp −$77 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 8.69 bp | 19.3 bp −$19 | 186.4 bp −$1,864 | 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 | −0.0490% | 4h | 149.88 | +0.079% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.78 | +0.016% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.79 | +0.020% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.97 | +0.140% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.85 | +0.060% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.77 | +0.007% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.77 | +0.007% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.467% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.70 | −0.040% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.80 | +0.027% | — | $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 | 149.64 | −0.080% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.68 | −0.053% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.75 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.67 | −0.060% | $685K | $773K | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.68 | −0.055% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.70 | −0.040% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.79 | +0.020% | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.72 | −0.027% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0206% | 8h | 149.91 | +0.102% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0241% | 8h | 149.91 | +0.099% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0315% | 8h | 149.81 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.69 | −0.048% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0321% | 8h | 149.73 | −0.020% | $25.1M | $35.5M | 20x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0354% | 8h | 149.76 | long leg | $262K | $276K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0369% | 8h | 149.76 | 0.000% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.79 | +0.020% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0695% | 8h | 149.90 | +0.093% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0697% | 8h | 149.82 | +0.040% | $4.1M | $1.8M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT