Funding you earn now, next payment 08:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.32 per $10,000 · paid last 24h −0.059%
Price spread now: Variational Omni against Gate−0.076%7-day average −0.031% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.059%−$6 on $10k
+Price spread, last 7 days+0.024%+$2 · spread now −0.076%, 7d avg −0.031%
=Together, before fees−0.035%+ Points / potential airdropVariational Omni: Active · farm board−$3 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Variational Omni is 0.045% cheaper against Gate than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.031%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.31 | 0.0202 | pay 0.0202% / 8h | 35m 41s | $2.3M | $3.0M | 25x |
| Short | Variational Omni ORCL | 149.20 | 0.0170 | get 0.0170% / 8h | 35m 41s | $1.2M | $424K | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- −$6.74
- Price spread: −0.076% → −0.031%
- −$4.52
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$26.25
- Costs to cover
- 0.150%
- Break-even
- never at this rate
Slippage unknown: Gate: live order book, 2 min ago; Variational Omni: RFQ quote, 3 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 Gate live order book, 2 min ago | 3.01 bp | 22.8 bp −$23 | 36.8 bp −$368 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 3 min ago | 3.75 bp | doesn't fit | 17.4 bp −$174 | 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 | −0.0060% | 4h | 149.19 | −0.081% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.82 | +0.340% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.32 | +0.007% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.114% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.007% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | −0.033% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.167% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.12 | −0.127% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.24 | −0.047% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.08 | −0.154% | $21.6M | $6.9M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.16 | −0.100% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.22 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.99 | −0.214% | $698K | $854K | 10x | as long as short |
| Lighter RH ORCL | +0.0056% | 1h | 149.21 | −0.067% | $622K | $316K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.22 | −0.060% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0069% | 1h | 149.04 | −0.179% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.26 | −0.033% | $240K | $273K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | 0.000% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.19 | −0.080% | $190 | — | 10x | as long as short |
| Variational Omni ORCLshort | +0.0170% | 8h | 149.20 | −0.076% | $1.2M | $424K | — | |
| GRVT ORCL_USDT_Perp | +0.0188% | 8h | 149.22 | −0.058% | $1K | $159K | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0202% | 8h | 149.31 | long leg | $2.3M | $3.0M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0239% | 8h | 149.18 | −0.087% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.15 | −0.108% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.20 | −0.074% | $24.9M | $36.4M | 20x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.17 | −0.094% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0567% | 8h | 149.24 | −0.047% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0592% | 8h | 149.30 | −0.007% | $47K | $44K | 20x | as long as short |
Gate ORCL_USDT
Variational Omni ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Lighter RH ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT