Funding you earn now, next payment 16:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.064%
Price spread now: Bitget against KuCoin−0.027%7-day average +0.034% · you buy dearer than you sell
Net, funding: paid 7d − costs−$394as in the Funding arb table
Net, price: spread back to 7d avg − costs−$396as in the Price arb table
costs, in and out, $10k−$3903.902% of the position
Funding, last 7 days−0.036%−$4 on $10k
+Price spread, last 4 days (all we have)+0.143%+$14 · spread now −0.027%, 7d avg +0.034%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Bitget is 0.061% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.034%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 148.81 | 0.0100 | pay 0.0100% / 8h | 7h 33m | $241K | $314K | 20x |
| Short | Bitget ORCLUSDT | 148.77 | 0 | get 0.0000% / 8h | 7h 33m | $7.7M | $2.6M | 20x |
KuCoin ORCLUSDTM
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$21
- Price spread: −0.027% → +0.034%
- −$6.1
- Slippage, 4 orders
- −$366.21
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$417.31
- Costs to cover
- 3.902%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Bitget: live order book, 5 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, 58 min ago | 15.08 bp | 155.1 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.35 bp | 14.4 bp −$14 | 30.2 bp −$302 | 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 | −0.0504% | 4h | 148.78 | −0.021% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.034% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 148.77 | −0.027% | $7.7M | $2.6M | 20x | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.78 | −0.019% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.96 | +0.101% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.87 | +0.040% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.74 | −0.047% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.70 | −0.074% | $602K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.168% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.62 | −0.128% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.76 | −0.034% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.53 | −0.188% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.75 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.161% | $708K | $846K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 148.57 | −0.164% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0063% | 1h | 148.62 | −0.128% | $21.7M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.67 | −0.094% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0100% | 8h | 148.81 | long leg | $241K | $314K | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.70 | −0.074% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.76 | −0.034% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0152% | 8h | 148.78 | −0.020% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0204% | 8h | 148.72 | −0.060% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0236% | 8h | 148.73 | −0.057% | $25.1M | $36.4M | 20x | as long as short |
| Gate ORCL_USDT | +0.0239% | 8h | 148.84 | +0.020% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 148.69 | −0.079% | $390K | $2.1M | 10x | as long as short |
| Bybit ORCLUSDT | +0.0480% | 8h | 148.76 | −0.034% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0532% | 8h | 148.74 | −0.047% | $48K | $44K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.76 | −0.034% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Gate ORCL_USDT
Extended ORCL_24_5-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL