Funding you earn now, next payment 16:00 UTC+0.0739%/8h= +81.0% APRnext payment +$7.39 per $10,000 · paid last 24h +0.144%
Price spread now: Bybit against Aster+0.244%7-day average −0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$126as in the Funding arb table
Net, price: spread back to 7d avg − costs−$129as in the Price arb table
costs, in and out, $10k−$1561.564% of the position
Funding, last 7 days+0.306%+$31 on $10k
+Price spread, last 4 days (all we have)−0.391%−$39 · spread now +0.244%, 7d avg −0.034%
=Together, before fees−0.085%+ Points / potential airdropAster: Stage 5 · farm board−$8 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$22 a day on $10k at the current rate, and Bybit is 0.278% dearer against Aster than usual: you sell high and buy low: +$28 more if the spread goes back to its 7-day average of −0.034%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.306% in total (about 16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.39 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Aster ORCLUSDT | 149.60 | 0 | get 0.0000% / 8h | 5h 49m | $105K | $22K | 20x |
| Short | Bybit ORCLUSDT | 149.97 | 0.0739 | get 0.0739% / 8h | 5h 49m | $4.2M | $1.8M | 50x |
Aster ORCLUSDT
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Aster. 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
- $155.27
- Price spread: +0.244% → −0.034%
- $27.83
- Slippage, 4 orders
- −$137.38
- Fee Aster: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $26.72
- Costs to cover
- 1.564%
- Break-even
- 5.8 days
Slippage from Aster: live order book, 22 min ago; Bybit: live order book, 2 min ago.
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 Aster live order book, 22 min ago | 32.38 bp | 91.2 bp −$91 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 2 min ago | 0.33 bp | 11.2 bp −$11 | 48.8 bp −$488 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0589% | 4h | 149.65 | +0.028% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDTlong | 0.0000% | 8h | 149.60 | long leg | $105K | $22K | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 150.19 | +0.391% | $3K | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0001% | 8h | 149.95 | +0.231% | $7.8M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.96 | +0.237% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.364% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.82 | +0.144% | — | $43K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.81 | +0.137% | $699K | $832K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.85 | +0.164% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.72 | +0.077% | $242K | $432K | 20x | as long as short |
edgeX ORCLUSDC
SunX ORCL-USDT
Bitget ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTMShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.61 | +0.003% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.87 | +0.177% | $191 | — | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0102% | 1h | 149.87 | +0.177% | $131K | $69K | 10x | as long as short |
| Nado ORCL-PERP | +0.0144% | 1h | 149.75 | +0.100% | $88K | $22K | 10x | as long as short |
| HTX ORCL-USDT | +0.0148% | 8h | 149.59 | −0.010% | $52K | $24K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.86 | +0.170% | $5.0M | $6.1M | 20x | as long as short |
| Variational Omni ORCL | +0.0274% | 8h | 149.71 | +0.068% | $1.2M | $399K | — | as long as short |
| Lighter RH ORCL | +0.0296% | 1h | 149.95 | +0.231% | $624K | $294K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0313% | 1h | 149.91 | +0.204% | $30K | $3K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0351% | 1h | 149.84 | +0.157% | $21.9M | $6.7M | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0376% | 1h | 149.91 | +0.201% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0378% | 8h | 149.96 | +0.237% | $25.3M | $35.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0378% | 8h | 150.01 | +0.271% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.84 | +0.157% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0549% | 8h | 149.52 | −0.057% | $1K | $138K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0739% | 8h | 149.97 | +0.244% | $4.2M | $1.8M | 50x | |
| Phoenix ORCL | +0.0749% | 1h | 149.67 | +0.043% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0770% | 8h | 149.69 | +0.057% | $48K | $44K | 20x | as long as short |
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Polymarket Perps ORCL-USD
Nado ORCL-PERP
HTX ORCL-USDT
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Lighter RH ORCL
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Phoenix ORCL
BloFin ORCL-USDT