Funding you earn now, next payment 07:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h +0.036%
Price spread now: Phoenix against BloFin−0.100%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.669%+$67 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 −$2 a day on $10k at the current rate, and Phoenix is 0.100% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.669%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORCL-USDT | 149.29 | 0.0551 | pay 0.0551% / 8h | 34m 56s | $47K | $44K | 20x |
| Short | Phoenix ORCL | 149.14 | 0.0483 | get 0.0060% / 1h | 34m 56s | $152K | $72K | 10x |
BloFin ORCL-USDT
Phoenix ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix 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
- −$14.45
- Price spread: −0.100% → 0.000%
- −$10.05
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$43.49
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Phoenix: live order book, 61 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 Phoenix live order book, 61 min ago | 2.68 bp | 10.8 bp −$11 | 22.9 bp −$229 | 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 | −0.0538% | 4h | 149.21 | −0.051% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.86 | +0.385% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.32 | +0.020% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.40 | +0.074% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.020% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | −0.020% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.23 | −0.040% | $622K | $316K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.12 | −0.114% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.21 | −0.054% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
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 | 149.10 | −0.127% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.12 | −0.114% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.21 | −0.054% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.99 | −0.201% | $698K | $854K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.18 | −0.074% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0063% | 1h | 149.13 | −0.106% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.25 | −0.027% | $240K | $273K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | −0.107% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.16 | −0.087% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0170% | 8h | 149.20 | −0.063% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0188% | 8h | 149.22 | −0.045% | $1K | $159K | 10x | as long as short |
| Gate ORCL_USDT | +0.0202% | 8h | 149.33 | +0.027% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0239% | 8h | 149.20 | −0.060% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.18 | −0.074% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.22 | −0.044% | $24.9M | $36.4M | 20x | as long as short |
| Phoenix ORCLshort | +0.0483% | 1h | 149.14 | −0.100% | $152K | $72K | 10x | |
| BloFin ORCL-USDTlong | +0.0551% | 8h | 149.29 | long leg | $47K | $44K | 20x | |
| Bybit ORCLUSDT | +0.0567% | 8h | 149.24 | −0.033% | $4.2M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Bybit ORCLUSDT