Funding you earn now, next payment 01:00 UTC+0.0348%/8h= +38.1% APRpaid last 24h +0.115%
Price spread now: Phoenix against Variational Omni−0.101%7-day average −0.051% · 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)+0.131%+$13 on $10k
+Price spread, last 4 days (all we have)+0.184%+$18 · spread now −0.101%, 7d avg −0.051%
=Together, before fees+0.315%+ Points / potential airdropVariational Omni: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. Phoenix is 0.050% cheaper against Variational Omni than usual: you would sell low and buy high (spread −0.101% now, against its 7-day average of −0.051%). If the spread goes back, that is −$5 on $10k: about 11 hours of funding at the current rate (+$10 a day). At the pace of the last 3 days (+0.131% in total) that is about 31 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.44 | 0.0187 | pay 0.0187% / 8h | 6h 22m | $1.3M | $363K | — |
| Short | Phoenix ORCL | 149.29 | 0.0535 | get 0.0067% / 1h | 22m 59s | $153K | $75K | 10x |
Variational Omni ORCL
Phoenix ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- $73.16
- Price spread: −0.101% → −0.051%
- −$4.96
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $61.21
- Costs to cover
- 0.070%
- Break-even
- 1.1 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Phoenix: live order book, 38 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, 1 min ago | 3.05 bp | doesn't fit | 35.2 bp −$352 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 38 min ago | 2.67 bp | 10.2 bp −$10 | 20.7 bp −$207 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0499% | 4h | 149.41 | −0.021% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | −0.170% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.114% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | +0.006% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.41 | −0.020% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | −0.074% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.255% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.27 | −0.114% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | −0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.30 | −0.094% | $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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.054% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.11 | −0.221% | $712K | $681K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.35 | −0.060% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.17 | −0.182% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0079% | 1h | 149.25 | −0.127% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.147% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.33 | −0.074% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0129% | 8h | 149.44 | 0.000% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0156% | 8h | 149.34 | −0.065% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCLlong | +0.0187% | 8h | 149.44 | long leg | $1.3M | $363K | — | |
| Bitget ORCLUSDT | +0.0190% | 8h | 149.47 | +0.020% | $7.7M | $4.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0244% | 8h | 149.37 | −0.045% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.33 | −0.072% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0306% | 8h | 149.47 | +0.020% | $259K | $263K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0335% | 8h | 149.40 | −0.027% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0490% | 8h | 149.40 | −0.027% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCLshort | +0.0535% | 1h | 149.29 | −0.101% | $153K | $75K | 10x |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT