Funding you earn now, next payment 02:00 UTC−0.0165%/8h= −18.1% APRpaid last 24h −0.042%
Price spread now: tradeXYZ against Binance−0.066%7-day average −0.079% · you buy dearer than you sell
Net, funding: paid 7d − costs−$45as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$400.403% of the position
Funding, last 7 days−0.050%−$5 on $10k
+Price spread, last 2 days (all we have)−0.040%−$4 · spread now −0.066%, 7d avg −0.079%
=Together, before fees−0.089%+ Points / potential airdroptradeXYZ: Active · farm board−$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.079%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.25 | 0.0255 | pay 0.0255% / 8h | 6h 12m | $24.9M | $35.4M | 20x |
| Short | tradeXYZ xyz:ORCL | 149.15 | 0.0090 | get 0.0011% / 1h | 12m 47s | $21.5M | $6.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$34.73
- Price spread: −0.066% → −0.079%
- $1.27
- Slippage, 4 orders
- −$12.27
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$73.73
- Costs to cover
- 0.403%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; tradeXYZ: live order book, 6 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 | 7.2 bp −$7 | 14.9 bp −$149 | 83.5 bp −$8,348 | doesn't fit |
| Sell tradeXYZ live order book, 6 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 | −0.0440% | 4h | 149.28 | +0.021% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.16 | −0.060% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.189% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.108% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.36 | +0.075% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.27 | +0.014% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.126% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.24 | −0.006% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.29 | +0.028% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.20 | −0.032% | $131K | $90K | 10x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.27 | +0.014% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.059% | $711K | $695K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.27 | +0.014% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.21 | −0.028% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0090% | 1h | 149.15 | −0.066% | $21.5M | $6.8M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.035% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.26 | +0.008% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0122% | 8h | 149.30 | +0.035% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0164% | 8h | 149.35 | +0.068% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.28 | +0.019% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0202% | 8h | 149.33 | +0.054% | $2K | $180K | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0255% | 8h | 149.25 | long leg | $24.9M | $35.4M | 20x | |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.22 | −0.018% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0314% | 8h | 149.42 | +0.115% | $261K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.36 | +0.075% | $4.9M | $5.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0530% | 8h | 149.36 | +0.075% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.23 | −0.012% | $153K | $75K | 10x | as long as short |
Binance ORCLUSDT
tradeXYZ xyz:ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL