Funding you earn now, next payment 08:00 UTC−0.0355%/8h= −38.8% APRnext payment −$3.55 per $10,000 · paid last 24h −0.048%
Price spread now: OKX against BloFin−0.020%93s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.084%−$8 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$11 a day on $10k at the current rate, and OKX is 0.020% cheaper against BloFin than usual: you would sell low and buy high (−$2 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 93 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.084% in total (about -4.4% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.55 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 | BloFin ORCL-USDT | 149.95 | 0.0755 | pay 0.0755% / 8h | 4h 07m | $47K | $43K | 20x |
| Short | OKX ORCL-USDT-SWAP | 149.92 | 0.0400 | get 0.0400% / 8h | 4h 07m | $5.0M | $5.8M | 20x |
BloFin ORCL-USDT
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX against BloFin. 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
- −$74.46
- Price spread: −0.020% → 0.000%
- −$2
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$98.46
- Costs to cover
- 0.220%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; OKX: live order book, 5 min ago. Net counts fees only.
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 BloFin no order-book sample | — | — | — | — | — |
| Sell OKX live order book, 5 min ago | 0.67 bp | 11.1 bp −$11 | 20.0 bp −$200 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0796% | 4h | 149.79 | −0.105% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.72 | −0.154% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.10 | +0.100% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.89 | −0.040% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.89 | −0.040% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.85 | −0.067% | $625K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.594% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.74 | −0.140% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.87 | −0.053% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.72 | −0.153% | $21.7M | $6.8M | 10x | 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-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORCLUSDT | +0.0050% | 8h | 149.90 | −0.033% | $7.7M | $3.9M | 20x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.78 | −0.113% | $132K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.85 | −0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.69 | −0.173% | $708K | $716K | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.71 | −0.159% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.83 | −0.080% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.72 | −0.153% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.85 | −0.067% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0250% | 8h | 149.79 | −0.109% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0252% | 8h | 149.85 | −0.069% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0287% | 8h | 149.91 | −0.027% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.83 | −0.081% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0331% | 8h | 149.88 | −0.047% | $25.2M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0375% | 8h | 149.92 | −0.020% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0400% | 8h | 149.92 | −0.020% | $5.0M | $5.8M | 20x | |
| Phoenix ORCL | +0.0481% | 1h | 149.77 | −0.120% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0754% | 8h | 149.97 | +0.013% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDTlong | +0.0755% | 8h | 149.95 | long leg | $47K | $43K | 20x |
Bitget ORCLUSDT
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
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
Phoenix ORCL
Bybit ORCLUSDT