Funding you earn now, next payment 08:00 UTC+0.0111%/8h= +12.2% APRpaid last 24h +0.017%
Price spread now: Variational Omni against tradeXYZ+0.068%7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.010%+$1 · spread now +0.068%, 7d avg +0.108%
=Together, before fees+0.011%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$1 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.040% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.068% now, against its 7-day average of +0.108%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.001% in total) that is about 8 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.01 | 0.0050 | pay 0.0006% / 1h | 50m 12s | $21.6M | $6.9M | 10x |
| Short | Variational Omni ORCL | 149.11 | 0.0161 | get 0.0161% / 8h | 50m 12s | $1.2M | $424K | — |
tradeXYZ xyz:ORCL
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $23.38
- Price spread: +0.068% → +0.108%
- −$4.04
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $1.34
- Costs to cover
- 0.180%
- Break-even
- 6.6 days
Slippage unknown: tradeXYZ: live order book, 8 min ago; Variational Omni: RFQ quote, 4 min ago. 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, 8 min ago | 0.67 bp | 12.5 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 4 min ago | 3.76 bp | doesn't fit | 15.6 bp −$156 | 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 | −0.0744% | 4h | 149.13 | +0.082% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | +0.018% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.25 | +0.161% | $7.7M | $2.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.36 | +0.235% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.25 | +0.161% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.17 | +0.107% | $476K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.13 | +0.081% | $622K | $316K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.034% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.04 | +0.020% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.09 | +0.054% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX 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 | 149.01 | long leg | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.07 | +0.040% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.13 | +0.081% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.90 | −0.074% | $697K | $856K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.10 | +0.060% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0094% | 1h | 148.98 | −0.017% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.05 | +0.027% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.07 | +0.040% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0107% | 8h | 149.20 | +0.128% | $240K | $274K | 20x | as long as short |
| Variational Omni ORCLshort | +0.0161% | 8h | 149.11 | +0.068% | $1.2M | $424K | — | |
| GRVT ORCL_USDT_Perp | +0.0177% | 8h | 149.17 | +0.106% | $1K | $159K | 10x | as long as short |
| Gate ORCL_USDT | +0.0206% | 8h | 149.24 | +0.154% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0248% | 8h | 149.08 | +0.047% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.10 | +0.060% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0258% | 8h | 149.17 | +0.107% | $24.9M | $36.5M | 20x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.07 | +0.040% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0572% | 8h | 149.18 | +0.114% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0601% | 8h | 149.23 | +0.148% | $47K | $44K | 20x | 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
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT