Funding you earn now, next payment 08:00 UTC+0.0406%/8h= +44.5% APRnext payment +$4.06 per $10,000 · paid last 24h +0.111%
Price spread now: Bitget against SunX−0.140%7-day average −0.112% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.193%+$19 on $10k
+Price spread, last 3 days (all we have)−0.052%−$5 · spread now −0.140%, 7d avg −0.112%
=Funding pays, the price is against you. Bitget is 0.028% cheaper against SunX than usual: you would sell low and buy high (spread −0.140% now, against its 7-day average of −0.112%). If the spread goes back, that is −$3 on $10k: about 6 hours of funding at the current rate (+$12 a day). At the pace of the last 7 days (+0.193% in total) that is about 25 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.193% in total (about 10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.06 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 | SunX ORCL-USDT | 149.80 | 0 | get 0.0000% / 8h | 7h 11m | $3K | $2.8M | 10x |
| Short | Bitget ORCLUSDT | 149.59 | 0.0406 | get 0.0406% / 8h | 7h 11m | $7.6M | $4.0M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $85.26
- Price spread: −0.140% → −0.112%
- −$2.85
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $62.41
- Costs to cover
- 0.200%
- Break-even
- 1.9 days
Slippage unknown: SunX: live order book, 5 min ago; Bitget: live order book, 1 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 SunX live order book, 5 min ago | 30.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 1.67 bp | 12.4 bp −$12 | 28.8 bp −$288 | 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 | −0.0540% | 4h | 149.60 | −0.136% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.66 | −0.090% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDTlong | 0.0000% | 8h | 149.80 | long leg | $3K | $2.8M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | −0.214% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.57 | −0.154% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.53 | −0.180% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.494% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.60 | −0.134% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.47 | −0.220% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.54 | −0.174% | $30K | $3K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.32 | −0.320% | $703K | $697K | 10x | as long as short |
| Nado ORCL-PERP | +0.0072% | 1h | 149.46 | −0.227% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.54 | −0.174% | $1.2M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.63 | −0.113% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.55 | −0.167% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0102% | 1h | 149.44 | −0.240% | $21.5M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0190% | 8h | 149.67 | −0.086% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0245% | 8h | 149.52 | −0.187% | $25.1M | $35.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.51 | −0.196% | $386K | $1.3M | 10x | as long as short |
| Gate ORCL_USDT | +0.0285% | 8h | 149.63 | −0.113% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0305% | 8h | 149.68 | −0.080% | $261K | $259K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0327% | 8h | 149.56 | −0.160% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0395% | 8h | 149.60 | −0.137% | $2K | $182K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0406% | 8h | 149.59 | −0.140% | $7.6M | $4.0M | 20x | |
| Arcus ORCL-USD | +0.0467% | 1h | 149.48 | −0.214% | $87K | $79K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0652% | 8h | 149.59 | −0.140% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0687% | 8h | 149.59 | −0.140% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | −0.180% | $153K | $84K | 10x | as long as short |
SunX ORCL-USDT
Bitget ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL