Funding you earn now, next payment 16:00 UTC−0.0141%/8h= −15.4% APRnext payment −$1.41 per $10,000 · paid last 24h −0.047%
Price spread now: Orderly against OKX+0.053%50s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Orderly is 0.053% dearer against OKX than usual: you sell high and buy low (spread +0.053% now, against zero (this spread has no 7-day history yet)): +$5 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 30 hours. The two prices were read 50 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 | OKX ORCL-USDT-SWAP | 150.40 | 0.0241 | pay 0.0241% / 8h | 4h 56m | $5.0M | $6.2M | 20x |
| Short | Orderly PERP_ORCL_USDC_mythos | 150.48 | 0.0100 | get 0.0100% / 8h | 4h 56m | $191 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$29.57
- Price spread: +0.053% → 0.000%
- $5.32
- Slippage, 4 orders
- no order book: not counted
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$40.25
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: OKX: live order book, 4 min ago; Orderly: no order-book sample. 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 OKX live order book, 4 min ago | 0.67 bp | 10.4 bp −$10 | 20.5 bp −$205 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 exchanges
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 | −0.0606% | 4h | 150.53 | +0.089% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.59 | +0.123% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.58 | +0.120% | $2K | $2.3M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 150.53 | +0.086% | $481K | $60K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.891% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.55 | +0.100% | — | $7K | 25x | as long as short |
| Nado ORCL-PERP | +0.0048% | 1h | 150.37 | −0.020% | $89K | $6K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.29 | −0.073% | $21.9M | $6.6M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 150.45 | +0.033% | $30K | $3K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.36 | −0.027% | $78K | $150K | 10x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.51 | +0.073% | $698K | $891K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 150.34 | −0.040% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.44 | +0.027% | $244K | $493K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.34 | −0.040% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 150.48 | +0.053% | $191 | — | 10x | |
| Lighter RH ORCL | +0.0104% | 1h | 150.38 | −0.013% | $626K | $293K | 10x | as long as short |
| HTX ORCL-USDT | +0.0125% | 8h | 150.53 | +0.086% | $52K | $18K | 20x | as long as short |
| Bitget ORCLUSDT | +0.0210% | 8h | 150.53 | +0.086% | $7.8M | $2.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0241% | 8h | 150.40 | long leg | $5.0M | $6.2M | 20x | |
| Gate ORCL_USDT | +0.0272% | 8h | 150.51 | +0.073% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0347% | 8h | 150.38 | −0.017% | $1.2M | $371K | — | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.32 | −0.053% | $87K | $71K | 10x | as long as short |
| Binance ORCLUSDT | +0.0448% | 8h | 150.42 | +0.013% | $25.5M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0448% | 1h | 150.37 | −0.022% | $395K | $2.1M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0603% | 8h | 150.42 | +0.013% | $2K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0648% | 8h | 150.49 | +0.060% | $48K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0657% | 8h | 150.52 | +0.080% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 150.51 | +0.073% | $154K | $85K | 10x | as long as short |
OKX ORCL-USDT-SWAP
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Lighter RH ORCL
HTX ORCL-USDT
Bitget ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL