Funding you earn now, next payment 08:00 UTC+0.0134%/8h= +14.7% APRnext payment +$1.34 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against Gate+0.027%7-day average −0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$81as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$660.658% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.027%, 7d avg −0.032%
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.058% dearer against Gate than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.032%. Mind the row above: over the last 7 days funding on this pair cost −0.147%, 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 | 149.61 | 0.0189 | pay 0.0189% / 8h | 7h 47m | $2.3M | $2.9M | 25x |
| Short | OKX ORCL-USDT-SWAP | 149.65 | 0.0323 | get 0.0323% / 8h | 7h 47m | $4.8M | $5.5M | 20x |
Gate ORCL_USDT
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $28.21
- Price spread: +0.027% → −0.032%
- $5.83
- Slippage, 4 orders
- −$40.84
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$31.8
- Costs to cover
- 0.658%
- Break-even
- 14.9 days
Slippage from Gate: live order book, 1 min ago; OKX: live order book, 6 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, 1 min ago | 2.67 bp | 23.0 bp −$23 | 116.7 bp −$1,167 | doesn't fit | doesn't fit |
| Sell OKX live order book, 6 min ago | 0.34 bp | 14.2 bp −$14 | 30.2 bp −$302 | doesn't fit | 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 | −0.0694% | 4h | 149.52 | −0.058% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.60 | −0.010% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.194% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.134% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.61 | 0.000% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.53 | −0.053% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.368% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.59 | −0.013% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.53 | −0.053% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | −0.147% | $702K | $700K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0055% | 1h | 149.48 | −0.090% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.56 | −0.033% | $1.1M | $2.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0093% | 1h | 149.52 | −0.060% | $131K | $91K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.61 | 0.000% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.55 | −0.040% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0143% | 8h | 149.30 | −0.206% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDTlong | +0.0189% | 8h | 149.61 | long leg | $2.3M | $2.9M | 25x | |
| Binance ORCLUSDT | +0.0199% | 8h | 149.60 | −0.007% | $25.1M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.57 | −0.027% | $387K | $1.6M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0201% | 1h | 149.41 | −0.134% | $21.5M | $7.0M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0261% | 8h | 149.57 | −0.024% | $1K | $192K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0293% | 8h | 149.57 | −0.027% | $261K | $252K | 20x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0323% | 8h | 149.65 | +0.027% | $4.8M | $5.5M | 20x | |
| Bitget ORCLUSDT | +0.0411% | 8h | 149.57 | −0.027% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.41 | −0.134% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0600% | 8h | 149.75 | +0.094% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0612% | 8h | 149.59 | −0.013% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | −0.053% | $151K | $84K | 10x | as long as short |
Nado ORCL-PERP
QFEX ORCL-USD
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
tradeXYZ xyz:ORCL
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL