Funding you earn now, next payment 16:00 UTC+0.0037%/8h= +4.0% APRnext payment +$0.37 per $10,000 · paid last 24h +0.003%
Price spread now: Binance against OKX+0.020%7-day average +0.002% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$430.429% of the position
Funding, last 7 days−0.001%$0 on $10k
+Price spread, last 7 days−0.045%−$4 · spread now +0.020%, 7d avg +0.002%
=The price spread sits at its 7-day average of +0.002%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 148.77 | 0.0210 | pay 0.0210% / 8h | 7h 38m | $4.9M | $5.9M | 20x |
| Short | Binance ORCLUSDT | 148.80 | 0.0247 | get 0.0247% / 8h | 7h 38m | $25.1M | $36.3M | 20x |
OKX ORCL-USDT-SWAP
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against OKX. 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
- $7.7
- Price spread: +0.020% → +0.002%
- $1.81
- Slippage, 4 orders
- −$22.94
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$33.43
- Costs to cover
- 0.429%
- Break-even
- 37.4 days
Slippage from OKX: live order book, 5 min ago; Binance: live order book, 4 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 OKX live order book, 5 min ago | 0.67 bp | 12.3 bp −$12 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.67 bp | 9.5 bp −$10 | 17.3 bp −$173 | 104.5 bp −$10.5K | 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 | −0.0994% | 4h | 148.72 | −0.031% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.060% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.86 | +0.060% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.76 | −0.007% | $1K | $152K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.161% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.92 | +0.101% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.80 | +0.020% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.79 | +0.013% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.195% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.71 | −0.040% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | −0.007% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.58 | −0.128% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.76 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.58 | −0.128% | $708K | $870K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 148.57 | −0.135% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0054% | 1h | 148.68 | −0.060% | $21.7M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.78 | +0.007% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.88 | +0.074% | $241K | $308K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.65 | −0.081% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.79 | +0.013% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0161% | 8h | 148.74 | −0.023% | $1.2M | $428K | — | as long as short |
| Gate ORCL_USDT | +0.0184% | 8h | 148.89 | +0.081% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0210% | 8h | 148.77 | long leg | $4.9M | $5.9M | 20x | |
| Binance ORCLUSDTshort | +0.0247% | 8h | 148.80 | +0.020% | $25.1M | $36.3M | 20x | |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 148.76 | −0.005% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.70 | −0.047% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0620% | 8h | 148.79 | +0.013% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0622% | 8h | 148.73 | −0.027% | $47K | $45K | 20x | 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
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT