Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against OKX0.000%7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$55as in the Funding arb table
Net, price: spread back to 7d avg − costs−$61as in the Price arb table
costs, in and out, $10k−$580.577% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.030%+$3 · spread now 0.000%, 7d avg +0.037%
=Funding pays, the price is against you. Bitget is 0.037% cheaper against OKX than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.037%). If the spread goes back, that is −$4 on $10k: about 39 hours of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.031% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.48 | 0.0314 | pay 0.0314% / 8h | 7h 56m | $4.8M | $5.5M | 20x |
| Short | Bitget ORCLUSDT | 149.48 | 0.0390 | get 0.0390% / 8h | 7h 56m | $7.5M | $4.1M | 20x |
OKX ORCL-USDT-SWAP
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $15.93
- Price spread: 0.000% → +0.037%
- −$3.71
- Slippage, 4 orders
- −$35.72
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$45.49
- Costs to cover
- 0.577%
- Break-even
- 27.0 days
Slippage from OKX: live order book, 1 min ago; Bitget: live order book, 1 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, 1 min ago | 0.34 bp | 13.6 bp −$14 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.67 bp | 11.5 bp −$12 | 27.7 bp −$277 | 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 | −0.0605% | 4h | 149.24 | −0.159% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.47 | −0.004% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.71 | +0.154% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | −0.020% | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | +0.0004% | 1h | 149.31 | −0.111% | $92K | $18K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | +0.013% | $473K | $50K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.281% | $20K | $12K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.41 | −0.047% | $621K | $323K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | −0.080% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.41 | −0.047% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
Vest ORCL-USD-PERP
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.27 | −0.140% | $705K | $713K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.35 | −0.087% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.16 | −0.214% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.37 | −0.074% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0131% | 8h | 149.14 | −0.228% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0131% | 8h | 149.29 | −0.127% | $1K | $193K | 10x | as long as short |
| Binance ORCLUSDT | +0.0190% | 8h | 149.43 | −0.034% | $25.1M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.40 | −0.054% | $386K | $1.4M | 10x | as long as short |
| Gate ORCL_USDT | +0.0212% | 8h | 149.47 | −0.007% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0276% | 8h | 149.58 | +0.067% | $260K | $250K | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0314% | 8h | 149.48 | long leg | $4.8M | $5.5M | 20x | |
| Polymarket Perps ORCL-USD | +0.0372% | 1h | 149.26 | −0.147% | $131K | $109K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0390% | 8h | 149.48 | 0.000% | $7.5M | $4.1M | 20x | |
| Arcus ORCL-USD | +0.0467% | 1h | 149.24 | −0.161% | $86K | $79K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0485% | 1h | 149.25 | −0.154% | $21.5M | $8.0M | 10x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.21 | −0.181% | $150K | $83K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0673% | 8h | 149.52 | +0.027% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0695% | 8h | 149.43 | −0.033% | $47K | $51K | 20x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USD
Arcus ORCL-USD
tradeXYZ xyz:ORCL
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT