Funding you earn now, next payment 08:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.96 per $10,000 · paid last 24h −0.033%
Price spread now: Binance against Gate−0.047%7-day average −0.065% · you buy dearer than you sell
Net, funding: paid 7d − costs−$72as in the Funding arb table
Net, price: spread back to 7d avg − costs−$55as in the Price arb table
costs, in and out, $10k−$560.564% of the position
Funding, last 7 days−0.154%−$15 on $10k
+Price spread, last 2 days (all we have)−0.043%−$4 · spread now −0.047%, 7d avg −0.065%
=The price spread sits at its 7-day average of −0.065%, so right now this pair is about funding alone: +$3 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.154%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.40 | 0.0097 | pay 0.0097% / 8h | 7h 52m | $2.3M | $2.9M | 25x |
| Short | Binance ORCLUSDT | 149.33 | 0.0193 | get 0.0193% / 8h | 7h 52m | $25.1M | $35.1M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Gate. 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
- $20.22
- Price spread: −0.047% → −0.065%
- $1.83
- Slippage, 4 orders
- −$31.41
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$34.36
- Costs to cover
- 0.564%
- Break-even
- 18.9 days
Slippage from Gate: live order book, 6 min ago; Binance: live order book, 5 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 Gate live order book, 6 min ago | 2.34 bp | 22.5 bp −$22 | 122.7 bp −$1,227 | doesn't fit | doesn't fit |
| Sell Binance live order book, 5 min ago | 0.34 bp | 6.7 bp −$7 | 14.9 bp −$149 | 92.7 bp −$9,275 | 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 | −0.0373% | 4h | 149.39 | −0.006% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | −0.004% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.161% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.46 | +0.040% | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | +0.0030% | 1h | 149.21 | −0.126% | $92K | $18K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.45 | +0.033% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.36 | −0.027% | $621K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.228% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.35 | −0.033% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.027% | $30K | $3K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.24 | −0.107% | $696K | $720K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.33 | −0.047% | $1.1M | $2.9M | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0097% | 8h | 149.40 | long leg | $2.3M | $2.9M | 25x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.35 | −0.033% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.42 | +0.013% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.33 | −0.048% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0193% | 8h | 149.33 | −0.047% | $25.1M | $35.1M | 20x | |
| Polymarket Perps ORCL-USD | +0.0209% | 1h | 149.29 | −0.074% | $131K | $98K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0251% | 8h | 149.43 | +0.022% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0281% | 8h | 149.47 | +0.047% | $260K | $250K | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0312% | 1h | 149.23 | −0.114% | $21.5M | $7.0M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0315% | 8h | 149.42 | +0.013% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0398% | 8h | 149.43 | +0.020% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.26 | −0.094% | $86K | $80K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0479% | 1h | 149.42 | +0.013% | $22K | $266K | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.31 | −0.060% | $150K | $84K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0729% | 8h | 149.38 | −0.013% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0758% | 8h | 149.41 | +0.007% | $3.5M | $1.5M | 50x | as long as short |
Gate ORCL_USDT
Binance ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Variational Omni ORCL
Extended ORCL_24_5-USD
Polymarket Perps ORCL-USD
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT