Funding you earn now, next payment 07:00 UTC+0.0067%/8h= +7.3% APRpaid last 24h +0.006%
Price spread now: Orderly against Injective+0.295%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 +$2 a day on $10k at the current rate, and Orderly is 0.295% dearer against Injective than usual: you sell high and buy low: +$30 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 58 seconds apart, so part of this spread may be the market moving, not a spread.
| 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 | 51m 33s | $20K | $9K | 12x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.50 | 0.0100 | get 0.0100% / 8h | 1h 51m | $190 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $14
- Price spread: +0.295% → 0.000%
- $29.52
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $37.5
- Costs to cover
- 0.060%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; Orderly: no order-book sample. 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 Orderly no order-book sample | — | — | — | — | — |
Injective and Orderly: 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 | −0.0736% | 4h | 149.45 | +0.265% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.37 | +0.209% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.58 | +0.349% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.78 | +0.483% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.416% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.56 | +0.335% | $474K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $9K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.41 | +0.235% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.49 | +0.288% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | +0.255% | $131K | $92K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | +0.295% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | +0.134% | $699K | $894K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.47 | +0.275% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.47 | +0.275% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.50 | +0.295% | $190 | — | 10x | |
| Nado ORCL-PERP | +0.0120% | 1h | 149.37 | +0.208% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0125% | 1h | 149.39 | +0.221% | $21.7M | $6.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0144% | 1h | 149.52 | +0.309% | $623K | $322K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0174% | 8h | 149.59 | +0.356% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0183% | 8h | 149.45 | +0.261% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0194% | 8h | 149.40 | +0.228% | $240K | $283K | 20x | as long as short |
| Gate ORCL_USDT | +0.0245% | 8h | 149.58 | +0.349% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.47 | +0.275% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0275% | 8h | 149.53 | +0.315% | $25.0M | $36.7M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0284% | 8h | 149.52 | +0.309% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.33 | +0.181% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0616% | 8h | 149.57 | +0.342% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0641% | 8h | 149.50 | +0.295% | $47K | $44K | 20x | as long as short |
Injective ORCL/USDC PERP
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Lighter RH ORCL
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT