Funding you earn now, next payment 01:00 UTC+0.0138%/8h= +15.1% APRpaid last 24h +0.046%
Price spread now: OKX against tradeXYZ+0.087%7-day average +0.105% · you sell dearer than you buy
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.057%+$6 on $10k
+Price spread, last 7 days−0.020%−$2 · spread now +0.087%, 7d avg +0.105%
=Together, before fees+0.036%+ Points / potential airdroptradeXYZ: Active · farm board+$4 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.105%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.29 | 0.0185 | pay 0.0023% / 1h | 45m 30s | $21.5M | $7.0M | 10x |
| Short | OKX ORCL-USDT-SWAP | 149.42 | 0.0323 | get 0.0323% / 8h | 7h 45m | $4.8M | $5.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $28.92
- Price spread: +0.087% → +0.105%
- −$1.8
- Slippage, 4 orders
- −$13.22
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$14.1
- Costs to cover
- 0.412%
- Break-even
- 10.4 days
Slippage from tradeXYZ: live order book, 2 min ago; OKX: 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, 2 min ago | 1.00 bp | 12.3 bp −$12 | 18.3 bp −$183 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 1.00 bp | 6.7 bp −$7 | 17.7 bp −$177 | 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 | −0.0694% | 4h | 149.52 | +0.156% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.52 | +0.152% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.261% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.261% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.51 | +0.147% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | +0.100% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.41 | +0.080% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.121% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | +0.067% | $703K | $699K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0060% | 1h | 149.29 | 0.000% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.38 | +0.060% | $1.1M | $2.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0078% | 1h | 149.34 | +0.033% | $131K | $91K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.59 | +0.201% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.51 | +0.147% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0151% | 8h | 149.51 | +0.145% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0179% | 8h | 149.52 | +0.154% | $2.3M | $2.9M | 25x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0185% | 1h | 149.29 | long leg | $21.5M | $7.0M | 10x | |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.41 | +0.080% | $388K | $1.7M | 10x | as long as short |
| Binance ORCLUSDT | +0.0203% | 8h | 149.44 | +0.100% | $25.1M | $35.1M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0261% | 8h | 149.57 | +0.190% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0296% | 8h | 149.58 | +0.194% | $260K | $252K | 20x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0323% | 8h | 149.42 | +0.087% | $4.8M | $5.5M | 20x | |
| Bitget ORCLUSDT | +0.0419% | 8h | 149.52 | +0.154% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.42 | +0.087% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0600% | 8h | 149.75 | +0.308% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0637% | 8h | 149.50 | +0.141% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | +0.161% | $151K | $84K | 10x | as long as short |
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL