Funding you earn now, next payment 09:00 UTC+0.0184%/8h= +20.2% APRnext payment +$0.23 per $10,000 · paid last 24h +0.049%
Price spread now: Extended against tradeXYZ+0.040%7-day average +0.101% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$46as in the Price arb table
costs, in and out, $10k−$400.397% of the position
Funding, last 7 days+0.073%+$7 on $10k
+Price spread, last 7 days+0.149%+$15 · spread now +0.040%, 7d avg +0.101%
=Together, before fees+0.221%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board+$22 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.060% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.040% now, against its 7-day average of +0.101%). If the spread goes back, that is −$6 on $10k: about 26 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.073% in total) that is about 5.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.073% in total (about 3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.23 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 | tradeXYZ xyz:ORCL | 148.65 | 0.0056 | pay 0.0007% / 1h | 36m 09s | $21.7M | $6.9M | 10x |
| Short | Extended ORCL_24_5-USD | 148.71 | 0.0240 | get 0.0030% / 1h | 36m 09s | $390K | $2.1M | 10x |
tradeXYZ xyz:ORCL
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $38.71
- Price spread: +0.040% → +0.101%
- −$6.05
- Slippage, 4 orders
- −$16.69
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$7.03
- Costs to cover
- 0.397%
- Break-even
- 8.3 days
Slippage from tradeXYZ: live order book, 12 min ago; Extended: live order book, 2 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, 12 min ago | 0.34 bp | 11.4 bp −$11 | 13.9 bp −$139 | doesn't fit | doesn't fit |
| Sell Extended live order book, 2 min ago | 1.01 bp | 7.6 bp −$8 | 49.9 bp −$499 | 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 | −0.0151% | 4h | 148.85 | +0.133% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.141% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.79 | +0.094% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.80 | +0.100% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.97 | +0.215% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.92 | +0.182% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.79 | +0.094% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.75 | +0.067% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.276% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.67 | +0.013% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.76 | +0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.61 | −0.027% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.77 | +0.081% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.054% | $708K | $854K | 10x | as long as short |
| Nado ORCL-PERP | +0.0055% | 1h | 148.63 | −0.010% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0056% | 1h | 148.65 | long leg | $21.7M | $6.9M | 10x | |
| QFEX ORCL-USD | +0.0065% | 1h | 148.77 | +0.081% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.86 | +0.141% | $240K | $310K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.65 | 0.000% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.77 | +0.081% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0161% | 8h | 148.74 | +0.057% | $1.2M | $428K | — | as long as short |
| Gate ORCL_USDT | +0.0193% | 8h | 148.88 | +0.155% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0207% | 8h | 148.80 | +0.101% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0240% | 1h | 148.71 | +0.040% | $390K | $2.1M | 10x | |
| Binance ORCLUSDT | +0.0244% | 8h | 148.77 | +0.080% | $25.1M | $36.3M | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.70 | +0.034% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0570% | 8h | 148.80 | +0.101% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0608% | 8h | 148.84 | +0.128% | $48K | $45K | 20x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT