Funding you earn now, next payment 00:00 UTC−0.0075%/8h= −8.2% APRnext payment −$0.75 per $10,000 · paid last 24h −0.018%
Price spread now: KuCoin against OKX0.000%7-day average +0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$158as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 4 days (all we have)+0.021%+$2 · spread now 0.000%, 7d avg +0.006%
=The price spread sits at its 7-day average of +0.006%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.14 | 0.0277 | pay 0.0277% / 8h | 39m 41s | $4.7M | $5.7M | 20x |
| Short | KuCoin ORCLUSDTM | 149.14 | 0.0202 | get 0.0202% / 8h | 39m 41s | $259K | $236K | 20x |
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- −$15.75
- Price spread: 0.000% → +0.006%
- −$0.58
- Slippage, 4 orders
- −$135.76
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$174.08
- Costs to cover
- 1.578%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; KuCoin: live order book, 21 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, 3 min ago | 0.67 bp | 12.5 bp −$12 | 22.1 bp −$221 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 21 min ago | 6.04 bp | 68.3 bp −$68 | doesn't fit | 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 | −0.0270% | 4h | 149.08 | −0.038% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.06 | −0.056% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.14 | 0.000% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.134% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.013% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0031% | 8h | 149.10 | −0.029% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.12 | −0.013% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.054% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.98 | −0.107% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0046% | 8h | 149.09 | −0.034% | $2K | $196K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_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 | 149.00 | −0.094% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.09 | −0.034% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.76 | −0.255% | $708K | $692K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.05 | −0.060% | $1.1M | $2.9M | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0088% | 1h | 149.10 | −0.029% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0092% | 8h | 149.11 | −0.020% | $24.9M | $35.6M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.96 | −0.121% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.07 | −0.047% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0179% | 1h | 148.88 | −0.176% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0186% | 1h | 148.96 | −0.121% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.08 | −0.040% | $620K | $462K | 10x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0202% | 8h | 149.14 | 0.000% | $259K | $236K | 20x | |
| OKX ORCL-USDT-SWAPlong | +0.0277% | 8h | 149.14 | long leg | $4.7M | $5.7M | 20x | |
| Arcus ORCL-USD | +0.0289% | 1h | 149.00 | −0.094% | $86K | $86K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0348% | 8h | 149.12 | −0.013% | $7.4M | $4.7M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0500% | 8h | 149.10 | −0.027% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0522% | 8h | 149.14 | 0.000% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.89 | −0.168% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Extended ORCL_24_5-USD
Binance ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
tradeXYZ xyz:ORCL
Lighter RH ORCL
Arcus ORCL-USD
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL