Funding you earn now, next payment 08:00 UTC+0.0247%/8h= +27.0% APRnext payment +$2.47 per $10,000 · paid last 24h −0.015%
Price spread now: Gate against Bitget−0.020%7-day average −0.005% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$62as in the Price arb table
costs, in and out, $10k−$610.607% of the position
Funding, last 7 days+0.119%+$12 on $10k
+Price spread, last 7 days+0.008%+$1 · spread now −0.020%, 7d avg −0.005%
=The price spread sits at its 7-day average of −0.005%, so right now this pair is about funding alone: +$7 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 0.119% in total (about 6.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$2.47 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 | 149.73 | 0 | get 0.0000% / 8h | 1h 50m | $7.7M | $3.7M | 20x |
| Short | Gate ORCL_USDT | 149.70 | 0.0247 | get 0.0247% / 8h | 1h 50m | $2.3M | $3.0M | 25x |
Bitget ORCLUSDT
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $51.87
- Price spread: −0.020% → −0.005%
- −$1.47
- Slippage, 4 orders
- −$33.74
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$10.34
- Costs to cover
- 0.607%
- Break-even
- 8.4 days
Slippage from Bitget: live order book, 3 min ago; Gate: live order book, 3 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, 3 min ago | 1.67 bp | 16.7 bp −$17 | 25.6 bp −$256 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 4.34 bp | 14.8 bp −$15 | 21.8 bp −$218 | 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 | −0.0736% | 4h | 149.45 | −0.184% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.58 | −0.103% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.73 | long leg | $7.7M | $3.7M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.114% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | −0.060% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.68 | −0.033% | $474K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.447% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.43 | −0.200% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.55 | −0.120% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.53 | −0.134% | $131K | $92K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.60 | −0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | −0.314% | $699K | $894K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.55 | −0.120% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.47 | −0.174% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.60 | −0.087% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0116% | 1h | 149.36 | −0.247% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0149% | 1h | 149.59 | −0.094% | $21.7M | $6.9M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0174% | 8h | 149.59 | −0.093% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0183% | 8h | 149.55 | −0.120% | $1.2M | $423K | — | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.65 | −0.053% | $624K | $322K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0194% | 8h | 149.48 | −0.167% | $240K | $282K | 20x | as long as short |
| Gate ORCL_USDTshort | +0.0247% | 8h | 149.70 | −0.020% | $2.3M | $3.0M | 25x | |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.64 | −0.060% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0276% | 8h | 149.72 | −0.007% | $25.0M | $36.7M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0287% | 8h | 149.71 | −0.013% | $4.9M | $6.1M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.33 | −0.267% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0620% | 8h | 149.74 | +0.007% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0634% | 8h | 149.62 | −0.073% | $47K | $44K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
tradeXYZ xyz:ORCL
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT