Funding you earn now, next payment 02:00 UTC−0.0488%/8h= −53.4% APRpaid last 24h −0.104%
Price spread now: Nado against Bybit−0.107%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and Nado is 0.107% cheaper against Bybit than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCLUSDT | 149.50 | 0.0531 | pay 0.0531% / 8h | 6h 57m | $3.5M | $1.4M | 50x |
| Short | Nado ORCL-PERP | 149.34 | 0.0043 | get 0.0005% / 1h | 57m 25s | $92K | $18K | 10x |
Bybit ORCLUSDT
Nado ORCL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado against Bybit. 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
- −$102.42
- Price spread: −0.107% → 0.000%
- −$10.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$131.14
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 5 min ago; Nado: no order-book sample. 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 Bybit live order book, 5 min ago | 1.67 bp | 13.4 bp −$13 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Nado no order-book sample | — | — | — | — | — |
Nado: 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 | −0.0919% | 4h | 149.51 | +0.006% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.55 | +0.035% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.69 | +0.127% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.007% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | 0.000% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | −0.040% | $622K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.294% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.43 | −0.047% | $87K | $79K | 10x | as long as short |
| Nado ORCL-PERPshort | +0.0043% | 1h | 149.34 | −0.107% | $92K | $18K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.54 | +0.027% | — | $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 | 149.37 | −0.087% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.37 | −0.087% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.43 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.37 | −0.087% | $703K | $688K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.38 | −0.080% | $1.2M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.34 | −0.107% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.43 | −0.047% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0205% | 8h | 149.50 | +0.003% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0246% | 8h | 149.52 | +0.013% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.40 | −0.066% | $386K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0251% | 8h | 149.43 | −0.047% | $25.0M | $35.1M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0295% | 8h | 149.48 | −0.013% | $2K | $181K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0307% | 8h | 149.59 | +0.060% | $261K | $261K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.50 | 0.000% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0361% | 8h | 149.53 | +0.020% | $7.6M | $4.0M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0531% | 8h | 149.50 | long leg | $3.5M | $1.4M | 50x | |
| BloFin ORCL-USDT | +0.0549% | 8h | 149.53 | +0.020% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.47 | −0.020% | $153K | $72K | 10x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL