Funding you earn now, next payment 00:00 UTC+0.0515%/8h= +56.4% APRnext payment +$5.15 per $10,000 · paid last 24h +0.082%
Price spread now: Bybit against HTX+0.020%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.200%+$20 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$15 a day on $10k at the current rate, and Bybit is 0.020% dearer against HTX than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.200% in total (about 10.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.15 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | HTX ORCL-USDT | 149.07 | 0 | get 0.0000% / 8h | 43m 43s | $52K | $22K | 20x |
| Short | Bybit ORCLUSDT | 149.10 | 0.0515 | get 0.0515% / 8h | 43m 43s | $3.5M | $1.6M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against HTX. 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
- $108.09
- Price spread: +0.020% → 0.000%
- $2.01
- Slippage, 4 orders
- no order book: not counted
- Fee HTX: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $87.1
- Costs to cover
- 0.230%
- Break-even
- 1.4 days
Slippage unknown: HTX: no order-book sample; Bybit: 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 HTX no order-book sample | — | — | — | — | — |
| Sell Bybit live order book, 4 min ago | 1.01 bp | 12.2 bp −$12 | 26.8 bp −$268 | doesn't fit | doesn't fit |
HTX: 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 | −0.0282% | 4h | 149.01 | −0.040% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.021% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.28 | +0.141% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDTlong | 0.0000% | 8h | 149.07 | long leg | $52K | $22K | 20x | |
| GRVT ORCL_USDT_Perp | +0.0013% | 8h | 149.02 | −0.035% | $2K | $198K | 10x | as long as short |
| Variational Omni ORCL | +0.0014% | 8h | 149.03 | −0.026% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | +0.013% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.007% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.94 | −0.087% | — | $127K | 25x | 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 | 148.96 | −0.074% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.07 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.168% | $708K | $693K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.03 | −0.027% | $1.1M | $2.9M | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0072% | 1h | 149.06 | −0.005% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0075% | 8h | 149.09 | +0.013% | $24.9M | $35.6M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.88 | −0.127% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.03 | −0.027% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0166% | 1h | 148.92 | −0.101% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0176% | 1h | 149.04 | −0.020% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0177% | 1h | 148.85 | −0.146% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0186% | 8h | 149.14 | +0.047% | $258K | $235K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0264% | 8h | 149.11 | +0.027% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.074% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0339% | 8h | 149.09 | +0.013% | $7.4M | $4.7M | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0515% | 8h | 149.10 | +0.020% | $3.5M | $1.6M | 50x | |
| BloFin ORCL-USDT | +0.0530% | 8h | 149.04 | −0.020% | $2K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.90 | −0.114% | $149K | $84K | 10x | as long as short |
HTX ORCL-USDT
Bybit ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Extended ORCL_24_5-USD
Binance ORCLUSDT
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL