Funding you earn now, next payment 04:00 UTC+0.0313%/8h= +34.3% APRpaid last 24h +0.028%
Price spread now: KuCoin against tradeXYZ+0.047%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$183as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1951.953% of the position
Funding, last 7 days+0.120%+$12 on $10k
+Price spread, last 4 days (all we have)+0.156%+$16 · spread now +0.047%, 7d avg +0.113%
=Together, before fees+0.276%+ Points / potential airdroptradeXYZ: Active · farm board+$28 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.066% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.047% now, against its 7-day average of +0.113%). If the spread goes back, that is −$7 on $10k: about 17 hours of funding at the current rate (+$9 a day). At the pace of the last 7 days (+0.120% in total) that is about 3.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.120% in total (about 6.3% 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 | 149.68 | 0.0071 | pay 0.0009% / 1h | 34m 11s | $21.6M | $6.8M | 10x |
| Short | KuCoin ORCLUSDTM | 149.75 | 0.0384 | get 0.0384% / 8h | 4h 34m | $262K | $275K | 20x |
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $65.76
- Price spread: +0.047% → +0.113%
- −$6.59
- Slippage, 4 orders
- −$165.28
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$136.12
- Costs to cover
- 1.953%
- Break-even
- 21.5 days
Slippage from tradeXYZ: live order book, 5 min ago; KuCoin: live order book, 47 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 | 11.9 bp −$12 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 6.68 bp | 106.2 bp −$106 | doesn't fit | 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 | −0.0373% | 4h | 149.69 | +0.006% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.61 | −0.047% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.05 | +0.247% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.127% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.79 | +0.073% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.79 | +0.073% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.414% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.66 | −0.013% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.79 | +0.073% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.73 | +0.033% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH 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 | 149.79 | +0.073% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.047% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.82 | +0.094% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.62 | −0.042% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0071% | 1h | 149.68 | long leg | $21.6M | $6.8M | 10x | |
| QFEX ORCL-USD | +0.0080% | 1h | 149.78 | +0.067% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.75 | +0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.76 | +0.053% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0195% | 8h | 149.85 | +0.114% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0243% | 8h | 149.78 | +0.069% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0262% | 8h | 149.75 | +0.048% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.79 | +0.075% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0320% | 8h | 149.83 | +0.100% | $25.1M | $35.7M | 20x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0384% | 8h | 149.75 | +0.047% | $262K | $275K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0402% | 8h | 149.85 | +0.114% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.60 | −0.053% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0760% | 8h | 149.92 | +0.160% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0774% | 8h | 149.93 | +0.167% | $47K | $43K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT