Funding you earn now, next payment 16:00 UTC−0.0091%/8h= −10.0% APRnext payment −$0.91 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against OKX−0.020%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Orderly is 0.020% cheaper against OKX than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 148.51 | 0.0191 | pay 0.0191% / 8h | 7h 26m | $4.9M | $5.9M | 20x |
| Short | Orderly PERP_ORCL_USDC_mythos | 148.48 | 0.0100 | get 0.0100% / 8h | 7h 26m | $189 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$19.09
- Price spread: −0.020% → 0.000%
- −$2.02
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$37.11
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 1 min ago; Orderly: no order-book sample. Net counts fees only.
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 | 1.68 bp | 12.8 bp −$13 | 23.7 bp −$237 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0708% | 4h | 148.59 | +0.054% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.56 | +0.032% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.59 | +0.054% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.61 | +0.064% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.65 | +0.094% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.69 | +0.121% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.53 | +0.013% | $474K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.44 | −0.047% | $602K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.370% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.33 | −0.121% | $86K | $79K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.33 | −0.121% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.25 | −0.175% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.40 | −0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.26 | −0.168% | $707K | $835K | 10x | as long as short |
| Nado ORCL-PERP | +0.0058% | 1h | 148.27 | −0.163% | $87K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.42 | −0.061% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0073% | 1h | 148.37 | −0.094% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.57 | +0.040% | $241K | $320K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.47 | −0.027% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 148.48 | −0.020% | $189 | — | 10x | |
| Variational Omni ORCL | +0.0139% | 8h | 148.60 | +0.061% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0191% | 8h | 148.51 | long leg | $4.9M | $5.9M | 20x | |
| Binance ORCLUSDT | +0.0216% | 8h | 148.50 | −0.007% | $25.0M | $36.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0216% | 1h | 148.48 | −0.022% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0256% | 8h | 148.61 | +0.067% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0436% | 8h | 148.54 | +0.020% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0452% | 8h | 148.53 | +0.013% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.48 | −0.020% | $152K | $73K | 10x | as long as short |
OKX ORCL-USDT-SWAP
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
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL