Funding you earn now, next payment 16:00 UTC−0.0657%/8h= −71.9% APRnext payment −$6.57 per $10,000 · paid last 24h −0.144%
Price spread now: SunX against Bybit+0.080%7-day average +0.144% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.080%, 7d avg +0.144%
=Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and SunX is 0.064% cheaper against Bybit than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of +0.144%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.306% in total (about -16.0% a year). A funding rate is set anew for every payment; at this rate the next one is about −$6.57 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCLUSDT | 150.50 | 0.0657 | pay 0.0657% / 8h | 4h 56m | $4.2M | $1.8M | 50x |
| Short | SunX ORCL-USDT | 150.62 | 0 | get 0.0000% / 8h | 4h 56m | $3K | $2.3M | 10x |
Bybit ORCLUSDT
SunX ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$137.91
- Price spread: +0.080% → +0.144%
- −$6.45
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$163.36
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 4 min ago; SunX: live order book, 4 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 Bybit live order book, 4 min ago | 1.00 bp | 10.1 bp −$10 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 29.85 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0606% | 4h | 150.53 | +0.022% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.55 | +0.032% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 150.62 | +0.080% | $3K | $2.3M | 10x | |
| Lighter ORCL | +0.0032% | 1h | 150.46 | −0.027% | $481K | $60K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.957% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.55 | +0.033% | — | $7K | 25x | as long as short |
| Nado ORCL-PERP | +0.0048% | 1h | 150.37 | −0.086% | $89K | $6K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.29 | −0.140% | $21.9M | $6.6M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 150.40 | −0.066% | $30K | $3K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.36 | −0.093% | $78K | $150K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Nado ORCL-PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Polymarket Perps ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.51 | +0.007% | $698K | $891K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 150.34 | −0.106% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.44 | −0.040% | $244K | $493K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.34 | −0.106% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 150.40 | −0.066% | $191 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0104% | 1h | 150.39 | −0.073% | $626K | $293K | 10x | as long as short |
| HTX ORCL-USDT | +0.0120% | 8h | 150.57 | +0.047% | $52K | $18K | 20x | as long as short |
| Bitget ORCLUSDT | +0.0210% | 8h | 150.47 | −0.020% | $7.8M | $2.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0239% | 8h | 150.40 | −0.066% | $5.0M | $6.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0272% | 8h | 150.51 | +0.007% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0347% | 8h | 150.38 | −0.083% | $1.2M | $371K | — | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.32 | −0.120% | $87K | $71K | 10x | as long as short |
| Binance ORCLUSDT | +0.0448% | 8h | 150.42 | −0.056% | $25.5M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0448% | 1h | 150.36 | −0.095% | $395K | $2.1M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0603% | 8h | 150.42 | −0.053% | $2K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0648% | 8h | 150.49 | −0.007% | $48K | $43K | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0657% | 8h | 150.50 | long leg | $4.2M | $1.8M | 50x | |
| Phoenix ORCL | +0.0749% | 1h | 150.51 | +0.007% | $154K | $85K | 10x | as long as short |
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
HTX ORCL-USDT
Bitget ORCLUSDT
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Variational Omni ORCL
Arcus ORCL-USD
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Phoenix ORCL