Funding you earn now, next payment 08:00 UTC+0.0711%/8h= +77.9% APRnext payment +$7.11 per $10,000 · paid last 24h +0.114%
Price spread now: Bybit against SunX−0.067%7-day average −0.147% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.251%+$25 on $10k
+Price spread, last 4 days (all we have)−0.207%−$21 · spread now −0.067%, 7d avg −0.147%
=Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Bybit is 0.080% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.147%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.251% in total (about 13.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.11 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 | 149.85 | 0 | get 0.0000% / 8h | 4h 46m | $3K | $2.7M | 10x |
| Short | Bybit ORCLUSDT | 149.75 | 0.0711 | get 0.0711% / 8h | 4h 46m | $4.0M | $1.7M | 50x |
SunX ORCL-USDT
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $149.32
- Price spread: −0.067% → −0.147%
- $8.05
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $138.37
- Costs to cover
- 0.190%
- Break-even
- 0.5 days
Slippage unknown: SunX: live order book, 11 min ago; Bybit: live order book, 2 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, 11 min ago | 29.69 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 1.67 bp | 10.9 bp −$11 | 24.2 bp −$242 | 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 | −0.0569% | 4h | 149.63 | −0.144% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.236% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDTlong | 0.0000% | 8h | 149.85 | long leg | $3K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | −0.140% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.66 | −0.127% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.63 | −0.147% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.527% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.54 | −0.207% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.62 | −0.153% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.51 | −0.227% | $21.6M | $6.8M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.56 | −0.194% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.60 | −0.167% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.41 | −0.294% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0065% | 8h | 149.68 | −0.113% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0072% | 1h | 149.49 | −0.241% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.62 | −0.153% | $1.1M | $2.4M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.51 | −0.227% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.59 | −0.174% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0165% | 8h | 149.67 | −0.120% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.61 | −0.161% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0268% | 8h | 149.65 | −0.136% | $2K | $178K | 10x | as long as short |
| Binance ORCLUSDT | +0.0311% | 8h | 149.63 | −0.144% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.59 | −0.172% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0384% | 8h | 149.72 | −0.087% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0400% | 8h | 149.65 | −0.133% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.54 | −0.207% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0711% | 8h | 149.75 | −0.067% | $4.0M | $1.7M | 50x | |
| BloFin ORCL-USDT | +0.0722% | 8h | 149.73 | −0.080% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT