Funding you earn now, next payment 07:00 UTC+0.0509%/8h= +55.8% APRpaid last 24h +0.094%
Price spread now: Bybit against tradeXYZ+0.087%7-day average +0.115% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$480.481% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days−0.002%$0 · spread now +0.087%, 7d avg +0.115%
=Together, before fees+0.141%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. Bybit is 0.028% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.115%). If the spread goes back, that is −$3 on $10k: about 4 hours of funding at the current rate (+$15 a day). At the pace of the last 7 days (+0.143% in total) that is about 33 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment. 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 | tradeXYZ xyz:ORCL | 149.29 | 0.0098 | pay 0.0012% / 1h | 43m 44s | $21.6M | $6.9M | 10x |
| Short | Bybit ORCLUSDT | 149.42 | 0.0607 | get 0.0607% / 8h | 1h 43m | $4.1M | $1.9M | 50x |
tradeXYZ xyz:ORCL
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $106.99
- Price spread: +0.087% → +0.115%
- −$2.8
- Slippage, 4 orders
- −$19.15
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $56.04
- Costs to cover
- 0.481%
- Break-even
- 3.3 days
Slippage from tradeXYZ: live order book, 5 min ago; Bybit: live order book, 4 min ago.
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, 5 min ago | 0.67 bp | 10.8 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.67 bp | 11.6 bp −$12 | 22.9 bp −$229 | 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 | −0.0217% | 4h | 149.44 | +0.103% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.35 | +0.039% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.51 | +0.147% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.66 | +0.248% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.161% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.154% | $475K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.37 | +0.054% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.42 | +0.087% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.34 | +0.033% | $131K | $92K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.41 | +0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.18 | −0.074% | $699K | $894K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.41 | +0.080% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0077% | 1h | 149.29 | +0.002% | $88K | $22K | 10x | as long as short |
| Lighter RH ORCL | +0.0080% | 1h | 149.45 | +0.107% | $623K | $322K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0098% | 1h | 149.29 | long leg | $21.6M | $6.9M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.35 | +0.040% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.38 | +0.060% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0180% | 8h | 149.47 | +0.121% | $1K | $163K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0180% | 8h | 149.37 | +0.054% | $240K | $281K | 20x | as long as short |
| Variational Omni ORCL | +0.0184% | 8h | 149.40 | +0.076% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0244% | 8h | 149.48 | +0.127% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.39 | +0.065% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0272% | 8h | 149.42 | +0.087% | $24.9M | $36.7M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0273% | 8h | 149.42 | +0.087% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.37 | +0.054% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0607% | 8h | 149.42 | +0.087% | $4.1M | $1.9M | 50x | |
| BloFin ORCL-USDT | +0.0637% | 8h | 149.42 | +0.087% | $47K | $44K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
Lighter RH ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT