Funding you earn now, next payment 02:00 UTC−0.0215%/8h= −23.5% APRpaid last 24h −0.019%
Price spread now: ApeX Omni against KuCoin−0.141%67s7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2242.237% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.553%+$55 · spread now −0.141%, 7d avg −0.032%
=Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and ApeX Omni is 0.108% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.032%). Swap the legs. The two prices were read 67 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 -0.024% in total (about -1.2% a year). A funding rate is set anew for every payment. 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 | KuCoin ORCLUSDTM | 149.46 | 0.0315 | pay 0.0315% / 8h | 6h 14m | $261K | $264K | 20x |
| Short | ApeX Omni ORACLEUSDT | 149.25 | 0.0100 | get 0.0013% / 1h | 14m 18s | $22K | $266K | 50x |
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against KuCoin. 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
- −$45.15
- Price spread: −0.141% → −0.032%
- −$10.82
- Slippage, 4 orders
- −$201.68
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$279.65
- Costs to cover
- 2.237%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 21 min ago; ApeX Omni: live order book, 53 min ago.
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 KuCoin live order book, 21 min ago | 8.03 bp | 111.7 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 53 min ago | 9.03 bp | 20.4 bp −$20 | 194.1 bp −$1,941 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0864% | 4h | 149.33 | −0.084% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | −0.180% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.033% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.033% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.42 | −0.027% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | −0.087% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.268% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.23 | −0.154% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | −0.107% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.21 | −0.167% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.31 | −0.100% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.221% | $711K | $690K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.25 | −0.141% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.16 | −0.201% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0093% | 1h | 149.21 | −0.167% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.25 | −0.141% | $22K | $266K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.30 | −0.107% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0129% | 8h | 149.34 | −0.080% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0167% | 8h | 149.40 | −0.040% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.28 | −0.122% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0204% | 8h | 149.39 | −0.049% | $2K | $180K | 10x | as long as short |
| Binance ORCLUSDT | +0.0256% | 8h | 149.31 | −0.099% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.26 | −0.130% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0315% | 8h | 149.46 | long leg | $261K | $264K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.34 | −0.080% | $4.9M | $5.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0531% | 8h | 149.38 | −0.054% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.34 | −0.080% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
tradeXYZ xyz:ORCL
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL