Funding you earn now, next payment 05:00 UTC−0.0631%/8h= −69.1% APRpaid last 24h −0.099%
Price spread now: SoDEX against Bybit−0.053%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
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and SoDEX is 0.053% cheaper against Bybit than usual: you would sell low and buy high (−$5 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 | 149.84 | 0.0681 | pay 0.0681% / 8h | 3h 04m | $4.1M | $1.8M | 50x |
| Short | SoDEX ORCL-USD | 149.76 | 0.0050 | get 0.0006% / 1h | 4m 57s | $30K | $3K | 10x |
Bybit ORCLUSDT
SoDEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
SoDEX 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
- −$132.5
- Price spread: −0.053% → 0.000%
- −$5.34
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SoDEX: 4 bp × 2 orders
- −$8
- Net
- −$156.84
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 3 min ago; SoDEX: 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, 3 min ago | 1.00 bp | 12.9 bp −$13 | 21.0 bp −$210 | doesn't fit | doesn't fit |
| Sell SoDEX no order-book sample | — | — | — | — | — |
SoDEX: 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 | −0.0308% | 4h | 149.63 | −0.140% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.84 | −0.001% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.88 | +0.027% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.02 | +0.120% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | −0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.82 | −0.013% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.80 | −0.027% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.521% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.66 | −0.120% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.78 | −0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | 149.65 | −0.127% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.71 | −0.087% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USDshort | +0.0050% | 1h | 149.76 | −0.053% | $30K | $3K | 10x | |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.56 | −0.187% | $704K | $797K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.75 | −0.060% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0067% | 1h | 149.64 | −0.136% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.74 | −0.067% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.75 | −0.060% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0191% | 8h | 149.74 | −0.066% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0234% | 8h | 149.82 | −0.014% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.78 | −0.039% | $388K | $1.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0312% | 8h | 149.82 | −0.013% | $25.1M | $35.6M | 20x | as long as short |
| Gate ORCL_USDT | +0.0325% | 8h | 149.87 | +0.020% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0334% | 8h | 149.80 | −0.027% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0354% | 8h | 149.76 | −0.053% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.59 | −0.167% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0656% | 8h | 149.86 | +0.013% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0681% | 8h | 149.84 | long leg | $4.1M | $1.8M | 50x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT