Funding you earn now, next payment 02:00 UTC+0.0489%/8h= +53.5% APRpaid last 24h +0.101%
Price spread now: Bybit against Vest+0.040%47s7-day average −0.224% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.126%+$13 on $10k
+Price spread, last 3 days (all we have)−0.086%−$9 · spread now +0.040%, 7d avg −0.224%
=Together, before fees+0.039%+ Points / potential airdropVest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.264% dearer against Vest than usual: you sell high and buy low: +$26 more if the spread goes back to its 7-day average of −0.224%. The two prices were read 47 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.126% in total (about 14.1% a year). A funding rate is set anew for every payment. 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 | Vest ORCL-USD-PERP | 149.29 | 0.0046 | pay 0.0006% / 1h | 46m 38s | — | $67K | 25x |
| Short | Bybit ORCLUSDT | 149.35 | 0.0534 | get 0.0534% / 8h | 6h 46m | $3.5M | $1.4M | 50x |
Vest ORCL-USD-PERP
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Vest. 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
- $102.62
- Price spread: +0.040% → −0.224%
- $26.41
- Slippage, 4 orders
- no order book: not counted
- Fee Vest: 1 bp × 2 orders
- −$2
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $116.03
- Costs to cover
- 0.130%
- Break-even
- from the start
Slippage unknown: Vest: no order-book sample; Bybit: live order book, 6 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 Vest no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 6 min ago | 1.00 bp | 13.1 bp −$13 | 25.6 bp −$256 | doesn't fit | doesn't fit |
Vest: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0717% | 4h | 149.36 | +0.050% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.069% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.147% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.25 | −0.027% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.36 | +0.047% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | 0.000% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.28 | −0.007% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERPlong | +0.0046% | 1h | 149.29 | long leg | — | $67K | 25x | |
| Nado ORCL-PERP | +0.0047% | 1h | 149.19 | −0.064% | $92K | $18K | 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
Nado ORCL-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.21 | −0.054% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.28 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.10 | −0.127% | $707K | $673K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0055% | 1h | 149.20 | −0.060% | $21.5M | $6.7M | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.21 | −0.054% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.35 | +0.040% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.26 | −0.020% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0203% | 8h | 149.45 | +0.105% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0211% | 8h | 149.34 | +0.033% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0225% | 8h | 149.38 | +0.060% | $2K | $181K | 10x | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.30 | +0.005% | $25.0M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.27 | −0.016% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0298% | 8h | 149.41 | +0.080% | $261K | $260K | 20x | as long as short |
| Bitget ORCLUSDT | +0.0316% | 8h | 149.39 | +0.067% | $7.6M | $4.0M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0316% | 8h | 149.37 | +0.054% | $4.8M | $5.6M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0523% | 8h | 149.45 | +0.107% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0534% | 8h | 149.35 | +0.040% | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0535% | 1h | 149.40 | +0.074% | $153K | $75K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Bitget ORCLUSDT
OKX ORCL-USDT-SWAP
BloFin ORCL-USDT
Phoenix ORCL