ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0356%/8h= −38.9% APRnext payment −$3.56 per $10,000 · paid last 24h −0.066%

Price spread now: KuCoin against Bybit+0.027%7-day average +0.001% · you sell dearer than you buy

Net, funding: paid 7d − costs−$194as in the Funding arb table

Net, price: spread back to 7d avg − costs−$190as in the Price arb table

costs, in and out, $10k−$1921.921% of the position

Long on Bybit Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days−0.023%−$2 on $10k

Price spread, last 4 days (all we have)+0.003%$0 · spread now +0.027%, 7d avg +0.001%

Together, before fees−0.020%−$2 on $10k · with fees, hour by hour

The price spread pays, funding is against you. KuCoin is 0.026% dearer against Bybit than usual: you sell high and buy low (spread +0.027% now, against its 7-day average of +0.001%): +$3 on $10k if it goes back. Holding the pair costs −$11 a day in funding at the current rate, which eats that in about 6 hours. At the pace of the last 7 days (−0.023% in total) that is about 8.0 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.023% in total (about -1.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.56 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	Bybit ORCLUSDT	149.52	0.0711	pay 0.0711% / 8h	3h 39m	$4.1M	$1.8M	50x
Short	KuCoin ORCLUSDTM	149.56	0.0355	get 0.0355% / 8h	3h 39m	$262K	$278K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee KuCoinbpOrdersPrice spread, now +0.027%Rate

Funding earned: −$74.66
Price spread: +0.027% → +0.001%: $2.59
Slippage, 4 orders: −$169.15
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$264.22
Costs to cover: 1.921%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; KuCoin: live order book, 32 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 Bybit live order book, 3 min ago	0.67 bp	12.7 bp −$13	21.0 bp −$210	doesn't fit	doesn't fit
Sell KuCoin live order book, 32 min ago	7.00 bp	91.2 bp −$91	doesn't fit	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	−0.0948%	4h	149.56	+0.024%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.37	−0.100%	$94K	$16K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.53	+0.007%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.68	+0.107%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.82	+0.201%	$52K	$24K	20x	as long as short
Nado ORCL-PERP	+0.0028%	1h	149.38	−0.092%	$91K	$20K	10x	as long as short
Lighter ORCL	+0.0032%	1h	149.49	−0.020%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.46	−0.040%	$623K	$315K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.308%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.48	−0.027%	$87K	$79K	10x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest ORCL-USD-PERP	+0.0046%	1h	149.56	+0.027%	—	$67K	25x	as long as short
tradeXYZ xyz:ORCL	+0.0050%	1h	149.34	−0.120%	$21.6M	$6.8M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.41	−0.074%	$131K	$90K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.43	−0.060%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.55	+0.020%	$703K	$724K	10x	as long as short
QFEX ORCL-USD	+0.0067%	1h	149.45	−0.047%	$1.1M	$2.1M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.57	+0.033%	$22K	$262K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.43	−0.060%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0210%	8h	149.53	+0.009%	$2K	$177K	10x	as long as short
Variational Omni ORCL	+0.0242%	8h	149.52	+0.003%	$1.3M	$363K	—	as long as short
Gate ORCL_USDT	+0.0294%	8h	149.51	−0.007%	$2.3M	$3.0M	25x	as long as short
Binance ORCLUSDT	+0.0319%	8h	149.44	−0.056%	$25.1M	$35.4M	20x	as long as short
Extended ORCL_24_5-USD	+0.0320%	1h	149.39	−0.088%	$388K	$1.3M	10x	as long as short
KuCoin ORCLUSDTMshort	+0.0355%	8h	149.56	+0.027%	$262K	$278K	20x
OKX ORCL-USDT-SWAP	+0.0384%	8h	149.50	−0.013%	$5.0M	$5.8M	20x	as long as short
Phoenix ORCL	+0.0535%	1h	149.57	+0.033%	$153K	$75K	10x	as long as short
Bybit ORCLUSDTlong	+0.0711%	8h	149.52	long leg	$4.1M	$1.8M	50x
BloFin ORCL-USDT	+0.0721%	8h	149.61	+0.060%	$47K	$43K	20x	as long as short