Funding you earn now, next payment 03:00 UTC−0.0222%/8h= −24.3% APRpaid last 24h −0.172%
Price spread now: edgeX against tradeXYZ+0.062%86s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$174as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.459% of the position
Funding, last 7 days−1.277%−$128 on $10k
+Price spread, last 4 days (all we have)+0.392%+$39 · spread now +0.062%, 7d avg +0.096%
=Together, before fees−0.886%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$89 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and edgeX is 0.033% cheaper against tradeXYZ than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.096%). Swap the legs. The two prices were read 86 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.15 | 0.0050 | pay 0.0006% / 1h | 48m 07s | $21.5M | $6.8M | 10x |
| Short | edgeX ORCLUSDC | 149.24 | −0.0172 | pay 0.0086% / 4h | 1h 48m | $28K | $214K | 10x |
tradeXYZ xyz:ORCL
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$46.58
- Price spread: +0.062% → +0.096%
- −$3.32
- Slippage, 4 orders
- −$18.89
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$95.79
- Costs to cover
- 0.459%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 11 min ago; edgeX: live order book, 14 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, 11 min ago | 1.00 bp | 12.0 bp −$12 | 16.7 bp −$167 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 14 min ago | 6.36 bp | 11.5 bp −$11 | 18.7 bp −$187 | doesn't fit | doesn't fit |
ORCL on 27 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 ORCLUSDCshort | −0.0172% | 4h | 149.24 | +0.062% | $28K | $214K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.13 | −0.013% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.235% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.134% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | +0.101% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.23 | +0.054% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.060% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | +0.013% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | +0.080% | — | $67K | 25x | as long as short |
| Nado ORCL-PERP | +0.0048% | 1h | 149.12 | −0.020% | $92K | $18K | 10x | as long as short |
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Nado ORCL-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.15 | long leg | $21.5M | $6.8M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.18 | +0.020% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | +0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.013% | $696K | $717K | 10x | as long as short |
| Gate ORCL_USDT | +0.0055% | 8h | 149.27 | +0.080% | $2.3M | $2.9M | 25x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.19 | +0.027% | $1.1M | $2.7M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0083% | 8h | 149.33 | +0.121% | $7.7M | $4.0M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.101% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.23 | +0.054% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0156% | 8h | 149.27 | +0.081% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0185% | 8h | 149.24 | +0.061% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.24 | +0.060% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.21 | +0.037% | $389K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0323% | 8h | 149.39 | +0.161% | $261K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0332% | 8h | 149.24 | +0.060% | $4.9M | $5.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0495% | 8h | 149.31 | +0.107% | $3.6M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.16 | +0.007% | $152K | $75K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Gate ORCL_USDT
QFEX ORCL-USD
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL