Funding you earn now, next payment 10:00 UTC+0.0124%/8h= +13.6% APRpaid last 24h +0.061%
Price spread now: Binance against Nado+0.150%58s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Binance is 0.150% dearer against Nado than usual: you sell high and buy low: +$15 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 | Nado ORCL-PERP | 149.16 | 0.0141 | pay 0.0018% / 1h | 56m 38s | $88K | $22K | 10x |
| Short | Binance ORCLUSDT | 149.38 | 0.0265 | get 0.0265% / 8h | 6h 56m | $25.2M | $35.8M | 20x |
Nado ORCL-PERP
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Nado. 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
- $26
- Price spread: +0.150% → 0.000%
- $15
- Slippage, 4 orders
- no order book: not counted
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $24
- Costs to cover
- 0.170%
- Break-even
- 0.5 days
Slippage unknown: Nado: no order-book sample; Binance: live order book, 15 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 Nado no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 15 min ago | 1.00 bp | 7.3 bp −$7 | 18.0 bp −$180 | 81.8 bp −$8,182 | doesn't fit |
Nado: 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 | −0.0336% | 4h | 149.37 | +0.146% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.20 | +0.030% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.43 | +0.184% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.59 | +0.291% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.217% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.45 | +0.197% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.065% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | +0.137% | — | $55K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | +0.137% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.14 | −0.011% | $715K | $851K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0073% | 1h | 149.30 | +0.096% | $131K | $70K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.31 | +0.103% | $1.1M | $1.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0088% | 1h | 149.38 | +0.150% | $607K | $277K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.41 | +0.170% | $242K | $356K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | +0.043% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | +0.137% | $190 | — | 10x | as long as short |
| Nado ORCL-PERPlong | +0.0141% | 1h | 149.16 | long leg | $88K | $22K | 10x | |
| Variational Omni ORCL | +0.0155% | 8h | 149.36 | +0.135% | $1.2M | $416K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0205% | 8h | 149.35 | +0.130% | $5.0M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.33 | +0.115% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0265% | 8h | 149.38 | +0.150% | $25.2M | $35.8M | 20x | |
| GRVT ORCL_USDT_Perp | +0.0280% | 8h | 149.35 | +0.130% | $1K | $144K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0285% | 1h | 149.28 | +0.083% | $21.8M | $6.8M | 10x | as long as short |
| Gate ORCL_USDT | +0.0313% | 8h | 149.52 | +0.244% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.31 | +0.103% | $86K | $79K | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 149.30 | +0.096% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0664% | 8h | 149.44 | +0.190% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0705% | 8h | 149.34 | +0.123% | $48K | $45K | 20x | as long as short |
Polymarket Perps ORCL-USD
QFEX ORCL-USD
Lighter RH ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Arcus ORCL-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT