Funding you earn now, next payment 11:00 UTC+0.0433%/8h= +47.4% APRpaid last 24h +0.125%
Price spread now: BloFin against tradeXYZ+0.120%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and BloFin is 0.120% dearer against tradeXYZ than usual: you sell high and buy low: +$12 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.196% in total (about 10.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.68 | 0.0290 | pay 0.0036% / 1h | 44m 15s | $21.9M | $6.7M | 10x |
| Short | BloFin ORCL-USDT | 149.86 | 0.0723 | get 0.0723% / 8h | 5h 44m | $48K | $44K | 20x |
tradeXYZ xyz:ORCL
BloFin ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $90.91
- Price spread: +0.120% → 0.000%
- $12.03
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $72.94
- Costs to cover
- 0.300%
- Break-even
- 1.4 days
Slippage unknown: tradeXYZ: live order book, 8 min ago; BloFin: 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 tradeXYZ live order book, 8 min ago | 0.67 bp | 11.3 bp −$11 | 14.1 bp −$141 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 exchanges
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 | −0.0660% | 4h | 149.78 | +0.065% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | −0.073% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.06 | +0.254% | $3K | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0028% | 8h | 149.91 | +0.154% | $7.8M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.87 | +0.127% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.414% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.88 | +0.134% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.64 | −0.027% | $712K | $859K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.77 | +0.060% | $1.1M | $2.0M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0091% | 1h | 149.81 | +0.087% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Bitget ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
SoDEX ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0095% | 1h | 149.74 | +0.040% | $131K | $69K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.77 | +0.060% | $242K | $438K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.71 | +0.020% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.80 | +0.080% | $191 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0150% | 1h | 149.67 | −0.006% | $88K | $22K | 10x | as long as short |
| HTX ORCL-USDT | +0.0171% | 8h | 149.87 | +0.127% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCL | +0.0232% | 1h | 149.82 | +0.094% | $623K | $294K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0243% | 8h | 149.83 | +0.100% | $5.0M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0290% | 1h | 149.68 | long leg | $21.9M | $6.7M | 10x | |
| Variational Omni ORCL | +0.0296% | 8h | 149.69 | +0.005% | $1.2M | $393K | — | as long as short |
| Gate ORCL_USDT | +0.0364% | 8h | 149.90 | +0.147% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0392% | 1h | 149.79 | +0.074% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0394% | 8h | 149.84 | +0.107% | $25.3M | $35.3M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.69 | +0.007% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0633% | 8h | 149.84 | +0.105% | $1K | $136K | 10x | as long as short |
| BloFin ORCL-USDTshort | +0.0723% | 8h | 149.86 | +0.120% | $48K | $44K | 20x | |
| Bybit ORCLUSDT | +0.0731% | 8h | 149.84 | +0.107% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.67 | −0.007% | $153K | $72K | 10x | as long as short |
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
HTX ORCL-USDT
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
Phoenix ORCL