Funding you earn now, next payment 01:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.014%
Price spread now: Extended against Injective+0.257%60s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.034%+$3 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Extended is 0.257% dearer against Injective than usual: you sell high and buy low: +$26 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 60 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.034% in total (about 1.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 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 | Injective ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 24m 07s | $20K | $12K | 12x |
| Short | Extended ORCL_24_5-USD | 149.44 | 0.0224 | get 0.0028% / 1h | 24m 07s | $388K | $1.3M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $40.04
- Price spread: +0.257% → 0.000%
- $25.72
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $60.74
- Costs to cover
- 0.050%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Extended: 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 Injective no order-book sample | — | — | — | — | — |
| Sell Extended live order book, 4 min ago | 1.00 bp | 7.6 bp −$8 | 63.4 bp −$634 | doesn't fit | 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 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 | −0.0063% | 4h | 149.63 | +0.385% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.54 | +0.325% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.71 | +0.436% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.389% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.56 | +0.335% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.43 | +0.248% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $12K | 12x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.48 | +0.282% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.38 | +0.215% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.44 | +0.255% | $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 | 149.40 | +0.228% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0066% | 1h | 149.38 | +0.217% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.45 | +0.262% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.48 | +0.282% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.49 | +0.288% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0111% | 1h | 149.34 | +0.188% | $21.5M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.67 | +0.406% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USDshort | +0.0224% | 1h | 149.44 | +0.257% | $388K | $1.3M | 10x | |
| Binance ORCLUSDT | +0.0226% | 8h | 149.45 | +0.262% | $25.1M | $35.0M | 20x | as long as short |
| Gate ORCL_USDT | +0.0233% | 8h | 149.54 | +0.322% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0301% | 8h | 149.61 | +0.369% | $261K | $256K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.46 | +0.268% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0355% | 8h | 149.63 | +0.382% | $1K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0423% | 8h | 149.54 | +0.322% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.51 | +0.302% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0607% | 8h | 149.77 | +0.476% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0611% | 8h | 149.55 | +0.329% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.49 | +0.288% | $153K | $84K | 10x | as long as short |
Injective ORCL/USDC PERP
Extended ORCL_24_5-USD
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL