Funding you earn now, next payment 08:00 UTC−0.0283%/8h= −31.0% APRnext payment −$2.83 per $10,000 · paid last 24h −0.067%
Price spread now: SunX against OKX+0.187%7-day average +0.155% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.164%−$16 on $10k
+Price spread, last 4 days (all we have)+0.007%+$1 · spread now +0.187%, 7d avg +0.155%
=The price spread pays, funding is against you. SunX is 0.032% dearer against OKX than usual: you sell high and buy low (spread +0.187% now, against its 7-day average of +0.155%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 9 hours. At the pace of the last 7 days (−0.164% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.164% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.83 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.55 | 0.0283 | pay 0.0283% / 8h | 1h 48m | $4.9M | $6.0M | 20x |
| Short | SunX ORCL-USDT | 149.83 | 0 | get 0.0000% / 8h | 1h 48m | $3K | $2.7M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$59.53
- Price spread: +0.187% → +0.155%
- $3.24
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$74.29
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 5 min ago; SunX: live order book, 9 min ago. 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, 5 min ago | 0.33 bp | 11.0 bp −$11 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 29.71 bp | doesn't fit | 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 | −0.0736% | 4h | 149.45 | −0.064% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.45 | −0.065% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.63 | +0.053% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 149.83 | +0.187% | $3K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.060% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.59 | +0.027% | $475K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.328% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.51 | −0.027% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.60 | +0.033% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.51 | −0.027% | $131K | $92K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.027% | $699K | $896K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.60 | +0.033% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.47 | −0.053% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.50 | −0.033% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0114% | 1h | 149.49 | −0.040% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0151% | 1h | 149.46 | −0.060% | $21.7M | $6.9M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0177% | 8h | 149.58 | +0.017% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0183% | 8h | 149.55 | 0.000% | $1.2M | $423K | — | as long as short |
| Lighter RH ORCL | +0.0184% | 1h | 149.66 | +0.074% | $624K | $322K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0191% | 8h | 149.47 | −0.053% | $240K | $282K | 20x | as long as short |
| Gate ORCL_USDT | +0.0248% | 8h | 149.68 | +0.087% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0279% | 8h | 149.59 | +0.027% | $25.0M | $36.7M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.49 | −0.040% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0283% | 8h | 149.55 | long leg | $4.9M | $6.0M | 20x | |
| Phoenix ORCL | +0.0429% | 1h | 149.38 | −0.114% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0608% | 8h | 149.72 | +0.114% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0620% | 8h | 149.57 | +0.013% | $4.1M | $1.9M | 50x | as long as short |
OKX ORCL-USDT-SWAP
SunX ORCL-USDT
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT