Funding you earn now, next payment 04:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.037%
Price spread now: ApeX Omni against OKX0.000%7-day average −0.026% · you sell dearer than you buy
Net, funding: paid 7d − costs−$58as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$620.619% of the position
Funding, last 7 days+0.040%+$4 on $10k
+Price spread, last 4 days (all we have)+0.151%+$15 · spread now 0.000%, 7d avg −0.026%
=The price spread pays, funding is against you. ApeX Omni is 0.026% dearer against OKX than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.026%): +$3 on $10k if it goes back. Holding the pair costs −$9 a day in funding at the current rate, which eats that in about 7 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.040% in total (about 2.1% 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 | OKX ORCL-USDT-SWAP | 149.82 | 0.0396 | pay 0.0396% / 8h | 4h 11m | $5.0M | $5.7M | 20x |
| Short | ApeX Omni ORACLEUSDT | 149.82 | 0.0100 | get 0.0013% / 1h | 11m 20s | $22K | $263K | 50x |
OKX ORCL-USDT-SWAP
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against OKX. 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
- −$62.1
- Price spread: 0.000% → −0.026%
- $2.62
- Slippage, 4 orders
- −$41.88
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$121.36
- Costs to cover
- 0.619%
- Break-even
- never at this rate
Slippage from OKX: live order book, 1 min ago; ApeX Omni: live order book, 46 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 OKX live order book, 1 min ago | 0.67 bp | 12.1 bp −$12 | 23.2 bp −$232 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 8.35 bp | 18.3 bp −$18 | 179.7 bp −$1,797 | doesn't fit | 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 | −0.0164% | 4h | 149.81 | −0.007% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.71 | −0.076% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.04 | +0.147% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.84 | +0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.85 | +0.020% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.80 | −0.013% | $625K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.507% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.72 | −0.067% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.82 | 0.000% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.67 | −0.100% | $21.7M | $6.8M | 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
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.74 | −0.053% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.79 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.53 | −0.194% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0052% | 8h | 149.89 | +0.047% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0060% | 1h | 149.68 | −0.094% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.76 | −0.040% | $1.1M | $2.2M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.82 | 0.000% | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.79 | −0.020% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0249% | 8h | 149.84 | +0.013% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0256% | 8h | 149.83 | +0.007% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDT | +0.0275% | 8h | 149.87 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0327% | 8h | 149.82 | 0.000% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.78 | −0.028% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0372% | 8h | 149.87 | +0.033% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0396% | 8h | 149.82 | long leg | $5.0M | $5.7M | 20x | |
| Phoenix ORCL | +0.0481% | 1h | 149.71 | −0.073% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0747% | 8h | 149.89 | +0.047% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0755% | 8h | 149.93 | +0.073% | $47K | $43K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT