Funding you earn now, next payment 00:00 UTC−0.0427%/8h= −46.8% APRnext payment −$4.27 per $10,000 · paid last 24h −0.052%
Price spread now: Orderly against Bybit+0.007%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCLUSDT | 149.11 | 0.0527 | pay 0.0527% / 8h | 36m 11s | $3.5M | $1.6M | 50x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.12 | 0.0100 | get 0.0100% / 8h | 36m 11s | $190 | — | 10x |
Bybit ORCLUSDT
Orderly PERP_ORCL_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$89.76
- Price spread: +0.007% → 0.000%
- $0.67
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$106.09
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 min ago; Orderly: 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, 1 min ago | 1.01 bp | 12.6 bp −$13 | 21.4 bp −$214 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0051% | 4h | 149.10 | −0.007% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.17 | +0.038% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.15 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.36 | +0.168% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.007% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.12 | +0.007% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.034% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.05 | −0.040% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0046% | 8h | 149.09 | −0.013% | $2K | $196K | 10x | as long as short |
| Variational Omni ORCL | +0.0050% | 8h | 149.12 | +0.005% | $1.3M | $314K | — | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_Perp
Variational Omni ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.11 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.87 | −0.161% | $708K | $693K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0056% | 1h | 149.00 | −0.074% | $131K | $122K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.10 | −0.007% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | +0.013% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.12 | +0.007% | $190 | — | 10x | |
| Binance ORCLUSDT | +0.0103% | 8h | 149.13 | +0.013% | $24.9M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0104% | 1h | 149.10 | −0.004% | $386K | $1.4M | 10x | as long as short |
| Nado ORCL-PERP | +0.0183% | 1h | 148.88 | −0.157% | $92K | $18K | 10x | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.10 | −0.007% | $620K | $462K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0193% | 1h | 149.00 | −0.074% | $21.4M | $8.5M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0211% | 8h | 149.17 | +0.040% | $259K | $236K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0284% | 8h | 149.10 | −0.007% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.99 | −0.080% | $86K | $84K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0354% | 8h | 149.15 | +0.027% | $7.4M | $4.7M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0527% | 8h | 149.11 | long leg | $3.5M | $1.6M | 50x | |
| Phoenix ORCL | +0.0538% | 1h | 149.00 | −0.074% | $149K | $84K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0543% | 8h | 149.17 | +0.040% | $47K | $51K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Polymarket Perps ORCL-USD
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Nado ORCL-PERP
Lighter RH ORCL
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT