Funding you earn now, next payment 02:00 UTC−0.0106%/8h= −11.6% APRpaid last 24h −0.017%
Price spread now: tradeXYZ against Variational Omni−0.045%7-day average −0.106% · 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)−0.005%$0 on $10k
+Price spread, last 7 days+0.018%+$2 · spread now −0.045%, 7d avg −0.106%
=Together, before fees+0.013%+ Points / potential airdropVariational Omni: Active · tradeXYZ: Active · farm board+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. tradeXYZ is 0.061% dearer against Variational Omni than usual: you sell high and buy low (spread −0.045% now, against its 7-day average of −0.106%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 46 hours. At the pace of the last 3 days (−0.005% in total) that is about 44 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.28 | 0.0200 | pay 0.0200% / 8h | 6h 16m | $1.3M | $363K | — |
| Short | tradeXYZ xyz:ORCL | 149.21 | 0.0094 | get 0.0012% / 1h | 16m 04s | $21.5M | $6.7M | 10x |
Variational Omni ORCL
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$22.25
- Price spread: −0.045% → −0.106%
- $6.06
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$34.19
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; tradeXYZ: live order book, 3 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, 3 min ago | 4.45 bp | doesn't fit | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 3 min ago | 1.00 bp | 12.2 bp −$12 | 14.1 bp −$141 | 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 | −0.0864% | 4h | 149.33 | +0.038% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.21 | −0.046% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.163% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.089% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.37 | +0.062% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.32 | +0.029% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.146% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.27 | −0.005% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | +0.035% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.22 | −0.038% | $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 | 149.30 | +0.015% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.085% | $711K | $678K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.31 | +0.022% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0078% | 1h | 149.20 | −0.052% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0094% | 1h | 149.21 | −0.045% | $21.5M | $6.7M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | −0.018% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.28 | +0.002% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0139% | 8h | 149.41 | +0.089% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0174% | 8h | 149.41 | +0.089% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCLlong | +0.0200% | 8h | 149.28 | long leg | $1.3M | $363K | — | |
| GRVT ORCL_USDT_Perp | +0.0204% | 8h | 149.39 | +0.073% | $2K | $180K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.27 | −0.002% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0257% | 8h | 149.31 | +0.022% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0317% | 8h | 149.46 | +0.122% | $259K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.39 | +0.075% | $4.9M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.34 | +0.042% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0536% | 8h | 149.44 | +0.109% | $3.5M | $1.4M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT