Funding you earn now, next payment 11:00 UTC+0.0355%/8h= +38.9% APRpaid last 24h +0.065%
Price spread now: Binance against Injective+0.500%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+0.069%+$7 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 +$11 a day on $10k at the current rate, and Binance is 0.500% dearer against Injective than usual: you sell high and buy low: +$50 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 0.069% in total (about 3.6% a year). A funding rate is set anew for every payment. 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 | Injective ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 46m 40s | $20K | $9K | 12x |
| Short | Binance ORCLUSDT | 149.81 | 0.0389 | get 0.0389% / 8h | 5h 46m | $25.3M | $35.3M | 20x |
Injective ORCL/USDC PERP
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Injective. 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
- $74.64
- Price spread: +0.500% → 0.000%
- $50.04
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $114.66
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Binance: live order book, 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 Injective no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 3 min ago | 0.33 bp | 8.0 bp −$8 | 16.1 bp −$161 | 80.8 bp −$8,078 | doesn't fit |
Injective: 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 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 | −0.0589% | 4h | 149.65 | +0.394% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.58 | +0.351% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.01 | +0.637% | $2K | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0018% | 8h | 149.85 | +0.530% | $7.7M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.85 | +0.530% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $9K | 12x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.83 | +0.517% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.81 | +0.503% | $712K | $832K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.74 | +0.456% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.75 | +0.463% | $242K | $435K | 20x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Bitget ORCLUSDT
Lighter ORCL
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTMShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.61 | +0.369% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.74 | +0.456% | $190 | — | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0109% | 1h | 149.72 | +0.443% | $131K | $69K | 10x | as long as short |
| HTX ORCL-USDT | +0.0164% | 8h | 149.59 | +0.356% | $52K | $24K | 20x | as long as short |
| Nado ORCL-PERP | +0.0164% | 1h | 149.65 | +0.396% | $88K | $22K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0218% | 1h | 149.76 | +0.470% | $30K | $3K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.77 | +0.476% | $5.0M | $6.1M | 20x | as long as short |
| Lighter RH ORCL | +0.0264% | 1h | 149.81 | +0.503% | $623K | $294K | 10x | as long as short |
| Variational Omni ORCL | +0.0274% | 8h | 149.71 | +0.434% | $1.2M | $399K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0325% | 1h | 149.70 | +0.429% | $21.9M | $6.7M | 10x | as long as short |
| Gate ORCL_USDT | +0.0373% | 8h | 149.91 | +0.570% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0384% | 1h | 149.76 | +0.468% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0389% | 8h | 149.81 | +0.500% | $25.3M | $35.3M | 20x | |
| Arcus ORCL-USD | +0.0445% | 1h | 149.68 | +0.416% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0619% | 8h | 149.93 | +0.584% | $1K | $136K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0738% | 8h | 149.81 | +0.503% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.67 | +0.409% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0756% | 8h | 149.88 | +0.550% | $48K | $44K | 20x | as long as short |
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Polymarket Perps ORCL-USD
HTX ORCL-USDT
Nado ORCL-PERP
SoDEX ORCL-USD
OKX ORCL-USDT-SWAP
Lighter RH ORCL
Variational Omni ORCL
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT