Funding you earn now, next payment 00:00 UTC+0.0206%/8h= +22.6% APRnext payment +$2.06 per $10,000 · paid last 24h +0.025%
Price spread now: OKX against Variational Omni−0.068%7-day average −0.001% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.025%+$3 on $10k
+Price spread, last 7 days+0.102%+$10 · spread now −0.068%, 7d avg −0.001%
=Together, before fees+0.127%+ Points / potential airdropVariational Omni: Active · farm board+$13 on $10k · with fees, hour by hour
Funding pays, the price is against you. OKX is 0.067% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of −0.001%). If the spread goes back, that is −$7 on $10k: about 26 hours of funding at the current rate (+$6 a day). At the pace of the last 3 days (+0.025% in total) that is about 8.6 days.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.025% in total (about 2.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.06 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 | Variational Omni ORCL | 148.91 | 0 | get 0.0000% / 8h | 1h 18m | $1.3M | $316K | — |
| Short | OKX ORCL-USDT-SWAP | 148.81 | 0.0206 | get 0.0206% / 8h | 1h 18m | $4.7M | $5.7M | 20x |
Variational Omni ORCL
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against Variational Omni. 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
- $43.29
- Price spread: −0.068% → −0.001%
- −$6.67
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $26.62
- Costs to cover
- 0.100%
- Break-even
- 2.7 days
Slippage unknown: Variational Omni: RFQ quote, just now; OKX: live order book, 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 Variational Omni RFQ quote, just now | 3.06 bp | doesn't fit | 29.1 bp −$291 | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.34 bp | 8.8 bp −$9 | 25.3 bp −$253 | 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 | −0.0156% | 4h | 148.91 | −0.003% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.89 | −0.014% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.86 | −0.035% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCLlong | 0.0000% | 8h | 148.91 | long leg | $1.3M | $316K | — | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.88 | −0.022% | $1K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.066% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.96 | +0.033% | $52K | $22K | 20x | as long as short |
| Binance ORCLUSDT | +0.0022% | 8h | 148.80 | −0.077% | $24.8M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0024% | 1h | 148.76 | −0.101% | $386K | $1.4M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.90 | −0.008% | $471K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.80 | −0.075% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.100% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.80 | −0.075% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.69 | −0.149% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.74 | −0.115% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | −0.088% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.66 | −0.169% | $708K | $691K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.80 | −0.075% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.88 | −0.021% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.77 | −0.095% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0121% | 1h | 148.66 | −0.166% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0139% | 8h | 148.93 | +0.013% | $258K | $224K | 20x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.71 | −0.135% | $86K | $90K | 10x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0206% | 8h | 148.81 | −0.068% | $4.7M | $5.7M | 20x | |
| Bitget ORCLUSDT | +0.0298% | 8h | 148.78 | −0.088% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0475% | 8h | 148.84 | −0.048% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0480% | 8h | 148.81 | −0.068% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.83 | −0.055% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL