Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.021%
Price spread now: HTX against tradeXYZ+0.121%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.108%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=The price spread pays, funding is against you. HTX is 0.121% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.121% now, against zero (this spread has no 7-day history yet)): +$12 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 8.0 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.37 | 0.0050 | pay 0.0006% / 1h | 7m 48s | $21.6M | $6.9M | 10x |
| Short | HTX ORCL-USDT | 149.55 | 0 | get 0.0000% / 8h | 2h 07m | $52K | $25K | 20x |
tradeXYZ xyz:ORCL
HTX ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
HTX 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
- −$10.5
- Price spread: +0.121% → 0.000%
- $12.05
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee HTX: 6 bp × 2 orders
- −$12
- Net
- −$28.45
- Costs to cover
- 0.300%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 11 min ago; HTX: 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, 11 min ago | 1.01 bp | 11.6 bp −$12 | 16.2 bp −$162 | doesn't fit | doesn't fit |
| Sell HTX no order-book sample | — | — | — | — | — |
HTX: 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 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 | −0.0025% | 4h | 149.52 | +0.100% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.010% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.54 | +0.114% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.67 | +0.201% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDTshort | 0.0000% | 8h | 149.55 | +0.121% | $52K | $25K | 20x | |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.100% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.49 | +0.080% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.208% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.37 | 0.000% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.51 | +0.094% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.37 | long leg | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.37 | 0.000% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.45 | +0.054% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.37 | 0.000% | $694K | $886K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.46 | +0.060% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0061% | 1h | 149.36 | −0.005% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | +0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.41 | +0.027% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.53 | +0.108% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.50 | +0.090% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0227% | 8h | 149.49 | +0.080% | $240K | $285K | 20x | as long as short |
| Gate ORCL_USDT | +0.0249% | 8h | 149.51 | +0.094% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0277% | 8h | 149.47 | +0.067% | $25.0M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.42 | +0.032% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0303% | 8h | 149.49 | +0.080% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.36 | −0.007% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0609% | 8h | 149.67 | +0.201% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0629% | 8h | 149.56 | +0.127% | $4.1M | $1.8M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT