Funding you earn now, next payment 01:00 UTC−0.0099%/8h= −10.8% APRpaid last 24h −0.014%
Price spread now: Extended against OKX−0.040%7-day average −0.010% · you buy dearer than you sell
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.409% of the position
Funding, last 7 days−0.011%−$1 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now −0.040%, 7d avg −0.010%
=Together, before fees−0.074%+ Points / potential airdropExtended: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and Extended is 0.030% cheaper against OKX than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.010%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.45 | 0.0323 | pay 0.0323% / 8h | 7h 23m | $4.8M | $5.5M | 20x |
| Short | Extended ORCL_24_5-USD | 149.39 | 0.0224 | get 0.0028% / 1h | 23m 12s | $388K | $1.3M | 10x |
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- −$20.74
- Price spread: −0.040% → −0.010%
- −$2.98
- Slippage, 4 orders
- −$25.89
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$64.61
- Costs to cover
- 0.409%
- Break-even
- never at this rate
Slippage from OKX: live order book, 5 min ago; Extended: live order book, 5 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, 5 min ago | 2.34 bp | 13.8 bp −$14 | 25.7 bp −$257 | doesn't fit | doesn't fit |
| Sell Extended live order book, 5 min ago | 1.00 bp | 7.6 bp −$8 | 63.4 bp −$634 | 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 | −0.0689% | 4h | 149.56 | +0.075% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.48 | +0.019% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.154% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.127% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.060% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | −0.007% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.261% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.45 | 0.000% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | −0.060% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.42 | −0.020% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.40 | −0.033% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.36 | −0.058% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.44 | −0.007% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.48 | +0.020% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.43 | −0.013% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0107% | 1h | 149.32 | −0.087% | $21.5M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.67 | +0.144% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USDshort | +0.0224% | 1h | 149.39 | −0.040% | $388K | $1.3M | 10x | |
| Gate ORCL_USDT | +0.0224% | 8h | 149.52 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| Binance ORCLUSDT | +0.0225% | 8h | 149.45 | −0.001% | $25.1M | $35.0M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0301% | 8h | 149.55 | +0.067% | $260K | $256K | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0323% | 8h | 149.45 | long leg | $4.8M | $5.5M | 20x | |
| GRVT ORCL_USDT_Perp | +0.0344% | 8h | 149.60 | +0.100% | $1K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0420% | 8h | 149.54 | +0.060% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.47 | +0.013% | $87K | $79K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0620% | 8h | 149.55 | +0.067% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0623% | 8h | 149.77 | +0.214% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.35 | −0.067% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL