Funding you earn now, next payment 08:00 UTC−0.0257%/8h= −28.2% APRnext payment −$2.57 per $10,000 · paid last 24h +0.048%
Price spread now: Bitget against Binance+0.054%7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$43as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$460.462% of the position
Funding, last 7 days+0.035%+$3 on $10k
+Price spread, last 7 days−0.047%−$5 · spread now +0.054%, 7d avg +0.034%
=The price spread sits at its 7-day average of +0.034%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.035% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.57 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 | Binance ORCLUSDT | 149.40 | 0.0257 | pay 0.0257% / 8h | 1h 28m | $24.9M | $36.9M | 20x |
| Short | Bitget ORCLUSDT | 149.48 | 0 | get 0.0000% / 8h | 1h 28m | $7.7M | $3.8M | 20x |
Binance ORCLUSDT
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Binance. 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
- −$54.03
- Price spread: +0.054% → +0.034%
- $1.91
- Slippage, 4 orders
- −$24.17
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$98.29
- Costs to cover
- 0.462%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Bitget: live order book, 5 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 Binance live order book, 14 min ago | 0.34 bp | 8.2 bp −$8 | 17.0 bp −$170 | 73.1 bp −$7,308 | doesn't fit |
| Sell Bitget live order book, 5 min ago | 1.67 bp | 13.7 bp −$14 | 29.8 bp −$298 | 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 | −0.0560% | 4h | 149.38 | −0.011% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.29 | −0.076% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.48 | +0.054% | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.161% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.080% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | +0.067% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.41 | +0.007% | $623K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.228% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.060% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.47 | +0.047% | — | $67K | 25x | 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-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.26 | −0.094% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | −0.027% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.39 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.19 | −0.141% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.30 | −0.065% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.41 | +0.007% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.34 | −0.040% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.40 | 0.000% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0142% | 8h | 149.38 | −0.013% | $240K | $280K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0159% | 8h | 149.39 | −0.007% | $1K | $162K | 10x | as long as short |
| Variational Omni ORCL | +0.0162% | 8h | 149.39 | −0.007% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0223% | 8h | 149.49 | +0.060% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.36 | −0.027% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.38 | −0.012% | $391K | $1.4M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0257% | 8h | 149.40 | long leg | $24.9M | $36.9M | 20x | |
| Phoenix ORCL | +0.0429% | 1h | 149.43 | +0.020% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0575% | 8h | 149.38 | −0.013% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0597% | 8h | 149.56 | +0.107% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT