Funding you earn now, next payment 08:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.24 per $10,000 · paid last 24h +0.018%
Price spread now: OKX against KuCoin−0.080%7-day average −0.007% · you buy dearer than you sell
Net, funding: paid 7d − costs−$211as in the Funding arb table
Net, price: spread back to 7d avg − costs−$212as in the Price arb table
costs, in and out, $10k−$2042.043% of the position
Funding, last 7 days−0.065%−$6 on $10k
+Price spread, last 4 days (all we have)+0.064%+$6 · spread now −0.080%, 7d avg −0.007%
=Funding pays, the price is against you. OKX is 0.073% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.080% now, against its 7-day average of −0.007%). If the spread goes back, that is −$7 on $10k: about 10 days of funding at the current rate (+$1 a day). Mind the row above: over the last 7 days funding on this pair cost −0.065%, so the current rate has only just turned in your favour.
| 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 | OKX ORCL-USDT-SWAP | 149.34 | 0.0339 | get 0.0339% / 8h | 6h 14m | $4.9M | $5.7M | 20x |
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $5.07
- Price spread: −0.080% → −0.007%
- −$7.31
- Slippage, 4 orders
- −$182.34
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$206.58
- Costs to cover
- 2.043%
- Break-even
- 292.3 days
Slippage from KuCoin: live order book, 22 min ago; OKX: 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, 22 min ago | 8.03 bp | 111.7 bp −$112 | doesn't fit | doesn't fit | doesn't fit |
| Sell OKX live order book, 4 min ago | 0.67 bp | 11.0 bp −$11 | 21.1 bp −$211 | 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 ORACLEUSDT | +0.0100% | 1h | 149.25 | −0.141% | $22K | $266K | 50x | as long as short |
| 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-SWAPshort | +0.0339% | 8h | 149.34 | −0.080% | $4.9M | $5.7M | 20x | |
| 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
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
Bybit ORCLUSDT
Phoenix ORCL