ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0487%/8h= +53.3% APRnext payment +$0.61 per $10,000 · paid last 24h +0.135%

Price spread now: Phoenix against SoDEX−0.081%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on SoDEX Short on Phoenix

What this pair did over the last

the charts below follow

Funding, last 4 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

Funding pays, the price is against you. Phoenix is 0.081% cheaper against SoDEX than usual: you would sell low and buy high (spread −0.081% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$8 on $10k: about 13 hours of funding at the current rate (+$15 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SoDEX ORCL-USD	148.71	0.0050	pay 0.0006% / 1h	42m 57s	$30K	$3K	10x
Short	Phoenix ORCL	148.59	0.0537	get 0.0067% / 1h	42m 57s	$152K	$73K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Phoenix against SoDEX. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SoDEXbpFee PhoenixbpOrdersPrice spread, now −0.081%Rate

Funding earned: $102.27
Price spread: −0.081% → 0.000%: −$8.07
Slippage, 4 orders: no order book: not counted
Fee SoDEX: 4 bp × 2 orders: −$8
Fee Phoenix: 3.5 bp × 2 orders: −$7
Net: $79.2
Costs to cover: 0.150%
Break-even: 1.6 days

Slippage unknown: SoDEX: no order-book sample; Phoenix: live order book, 48 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 SoDEX no order-book sample	—	—	—	—	—
Sell Phoenix live order book, 48 min ago	3.35 bp	11.5 bp −$11	24.8 bp −$248	doesn't fit	doesn't fit

SoDEX: 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	−0.0961%	4h	148.76	+0.035%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	148.86	+0.101%	$97K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	148.80	+0.061%	$7.7M	$2.7M	20x	as long as short
GRVT ORCL_USDT_Perp	0.0000%	8h	148.85	+0.097%	$1K	$152K	10x	as long as short
SunX ORCL-USDT	0.0000%	8h	148.93	+0.148%	$3K	$2.6M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	148.86	+0.101%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	148.77	+0.040%	$475K	$59K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	148.70	−0.007%	$602K	$315K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.235%	$20K	$9K	12x	as long as short
Nado ORCL-PERP	+0.0040%	1h	148.59	−0.084%	$88K	$22K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Arcus ORCL-USD	+0.0040%	1h	148.64	−0.047%	$86K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	148.68	−0.020%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	148.59	−0.081%	$21.6M	$6.9M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	148.60	−0.074%	$130K	$80K	10x	as long as short
SoDEX ORCL-USDlong	+0.0050%	1h	148.71	long leg	$30K	$3K	10x
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.62	−0.061%	$708K	$870K	10x	as long as short
QFEX ORCL-USD	+0.0065%	1h	148.66	−0.034%	$1.1M	$1.9M	10x	as long as short
KuCoin ORCLUSDTM	+0.0100%	8h	148.80	+0.061%	$240K	$303K	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.83	+0.081%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	148.72	+0.007%	$189	—	10x	as long as short
Gate ORCL_USDT	+0.0107%	8h	148.80	+0.061%	$2.3M	$2.9M	25x	as long as short
Variational Omni ORCL	+0.0173%	8h	148.75	+0.027%	$1.2M	$428K	—	as long as short
OKX ORCL-USDT-SWAP	+0.0210%	8h	148.72	+0.007%	$4.9M	$5.9M	20x	as long as short
Extended ORCL_24_5-USD	+0.0256%	1h	148.67	−0.027%	$390K	$2.1M	10x	as long as short
Binance ORCLUSDT	+0.0259%	8h	148.70	−0.006%	$25.1M	$36.3M	20x	as long as short
Phoenix ORCLshort	+0.0537%	1h	148.59	−0.081%	$152K	$73K	10x
Bybit ORCLUSDT	+0.0640%	8h	148.74	+0.020%	$4.1M	$1.9M	50x	as long as short
BloFin ORCL-USDT	+0.0663%	8h	148.83	+0.081%	$47K	$45K	20x	as long as short