Funding you earn now, next payment 08:00 UTC−0.0064%/8h= −7.0% APRnext payment −$0.64 per $10,000 · paid last 24h +0.014%
Price spread now: Binance against KuCoin−0.080%7-day average −0.015% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2532.532% of the position
Funding, last 7 days−0.071%−$7 on $10k
+Price spread, last 2 days (all we have)+0.091%+$9 · spread now −0.080%, 7d avg −0.015%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Binance is 0.065% cheaper against KuCoin than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.015%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 149.29 | 0.0308 | pay 0.0308% / 8h | 6h 37m | $260K | $262K | 20x |
| Short | Binance ORCLUSDT | 149.17 | 0.0244 | get 0.0244% / 8h | 6h 37m | $24.9M | $35.2M | 20x |
KuCoin ORCLUSDTM
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$13.43
- Price spread: −0.080% → −0.015%
- −$6.47
- Slippage, 4 orders
- −$231.2
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$273.1
- Costs to cover
- 2.532%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 73 min ago; Binance: live order book, 4 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, 73 min ago | 7.69 bp | 69.7 bp −$70 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 4 min ago | 0.34 bp | 7.3 bp −$7 | 18.0 bp −$180 | 76.3 bp −$7,626 | doesn't fit |
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 | −0.0054% | 4h | 149.31 | +0.016% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.29 | +0.001% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.37 | +0.054% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.040% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.27 | −0.013% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.19 | −0.067% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.16 | −0.087% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.17 | −0.080% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.09 | −0.134% | $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 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.15 | −0.094% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.02 | −0.181% | $710K | $679K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 149.05 | −0.158% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.10 | −0.127% | $1.1M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0066% | 1h | 149.09 | −0.134% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | −0.107% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.10 | −0.127% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0149% | 8h | 149.19 | −0.067% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.26 | −0.017% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.22 | −0.046% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDTshort | +0.0244% | 8h | 149.17 | −0.080% | $24.9M | $35.2M | 20x | |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.09 | −0.131% | $388K | $1.3M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0264% | 8h | 149.26 | −0.020% | $7.6M | $4.0M | 20x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0308% | 8h | 149.29 | long leg | $260K | $262K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0322% | 8h | 149.23 | −0.040% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0496% | 8h | 149.24 | −0.033% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0523% | 8h | 149.45 | +0.107% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.27 | −0.013% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Bitget ORCLUSDT
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL