Funding you earn now, next payment 08:00 UTC+0.0547%/8h= +59.9% APRnext payment +$5.47 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Bitget−0.027%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$44as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.497% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days+0.014%+$1 · spread now −0.027%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$16 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 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.47 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 | Bitget ORCLUSDT | 149.36 | 0 | get 0.0000% / 8h | 12m 03s | $7.7M | $2.7M | 20x |
| Short | Bybit ORCLUSDT | 149.32 | 0.0547 | get 0.0547% / 8h | 12m 03s | $4.2M | $1.9M | 50x |
Bitget ORCLUSDT
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Bitget. 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
- $114.87
- Price spread: −0.027% → −0.029%
- $0.18
- Slippage, 4 orders
- −$26.65
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $65.4
- Costs to cover
- 0.497%
- Break-even
- 3.0 days
Slippage from Bitget: live order book, 1 min ago; Bybit: live order book, 1 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 Bitget live order book, 1 min ago | 1.34 bp | 13.8 bp −$14 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 1.00 bp | 10.0 bp −$10 | 19.5 bp −$195 | 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 | −0.0330% | 4h | 149.29 | −0.045% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.44 | +0.053% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.36 | long leg | $7.7M | $2.7M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.107% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.033% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | −0.040% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | −0.047% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.201% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.20 | −0.107% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | −0.060% | — | $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 | 149.15 | −0.141% | $21.7M | $7.0M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.25 | −0.074% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.25 | −0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.11 | −0.167% | $707K | $879K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 149.15 | −0.143% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.28 | −0.054% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.34 | −0.013% | $240K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | −0.033% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.25 | −0.074% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0166% | 8h | 149.29 | −0.046% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0183% | 8h | 149.32 | −0.027% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0204% | 8h | 149.39 | +0.020% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0219% | 8h | 149.31 | −0.033% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.28 | −0.054% | $25.1M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.24 | −0.078% | $390K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | −0.134% | $152K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0532% | 8h | 149.38 | +0.013% | $47K | $45K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0547% | 8h | 149.32 | −0.027% | $4.2M | $1.9M | 50x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT