Funding you earn now, next payment 09:00 UTC−0.0067%/8h= −7.3% APRpaid last 24h −0.011%
Price spread now: Injective against Orderly−0.208%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 −$2 a day on $10k at the current rate, and Injective is 0.208% cheaper against Orderly than usual: you would sell low and buy high (−$21 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 | Orderly PERP_ORCL_USDC_mythos | 149.37 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $190 | — | 10x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 0m 57s | $20K | $9K | 12x |
Orderly PERP_ORCL_USDC_mythos
Injective ORCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective against Orderly. 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
- −$14
- Price spread: −0.208% → 0.000%
- −$20.75
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$40.77
- Costs to cover
- 0.060%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Injective: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Injective no order-book sample | — | — | — | — | — |
Orderly and Injective: 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 | −0.0245% | 4h | 149.31 | −0.037% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.10 | −0.182% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.40 | +0.020% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.62 | +0.167% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.094% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.40 | +0.020% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.35 | −0.013% | $607K | $319K | 10x | as long as short |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.208% | $20K | $9K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.30 | −0.047% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.42 | +0.033% | — | $55K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Arcus ORCL-USD
Vest ORCL-USD-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 | 149.30 | −0.047% | $131K | $70K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.32 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.21 | −0.107% | $715K | $838K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.19 | −0.120% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.34 | −0.020% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.36 | −0.007% | $242K | $350K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.37 | long leg | $190 | — | 10x | |
| tradeXYZ xyz:ORCL | +0.0104% | 1h | 149.27 | −0.067% | $21.8M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.23 | −0.093% | $1.2M | $416K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0175% | 8h | 149.38 | +0.006% | $1K | $144K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 149.38 | +0.007% | $5.0M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.32 | −0.034% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0243% | 8h | 149.38 | +0.006% | $25.2M | $35.8M | 20x | as long as short |
| Gate ORCL_USDT | +0.0315% | 8h | 149.48 | +0.074% | $2.3M | $2.9M | 25x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 149.20 | −0.114% | $153K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0671% | 8h | 149.41 | +0.027% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0688% | 8h | 149.51 | +0.094% | $47K | $45K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT