Funding you earn now, next payment 08:00 UTC+0.0201%/8h= +22.0% APRnext payment +$2.01 per $10,000 · paid last 24h +0.033%
Price spread now: Binance against Orderly+0.022%7-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
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Binance is 0.022% dearer against Orderly than usual: you sell high and buy low: +$2 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.70 | 0.0100 | pay 0.0100% / 8h | 5h 01m | $190 | — | 10x |
| Short | Binance ORCLUSDT | 149.73 | 0.0301 | get 0.0301% / 8h | 5h 01m | $25.1M | $35.5M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against Orderly. 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
- $42.14
- Price spread: +0.022% → 0.000%
- $2.21
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- $28.35
- Costs to cover
- 0.160%
- Break-even
- 2.3 days
Slippage unknown: Orderly: no order-book sample; Binance: live order book, 10 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 10 min ago | 1.00 bp | 7.1 bp −$7 | 16.7 bp −$167 | 102.6 bp −$10.3K | doesn't fit |
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 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 | −0.0819% | 4h | 149.72 | +0.016% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.53 | −0.115% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.93 | +0.154% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.013% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | 0.000% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.69 | −0.007% | $623K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.428% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.067% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.64 | −0.040% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.56 | −0.094% | $21.6M | $6.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.63 | −0.047% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.180% | $703K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.67 | −0.020% | $1.1M | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0082% | 8h | 149.78 | +0.053% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0097% | 1h | 149.53 | −0.116% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.77 | +0.047% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.70 | long leg | $190 | — | 10x | |
| Gate ORCL_USDT | +0.0146% | 8h | 149.78 | +0.053% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0219% | 8h | 149.71 | +0.004% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0254% | 8h | 149.74 | +0.028% | $2K | $178K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0296% | 1h | 149.69 | −0.006% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0301% | 8h | 149.73 | +0.022% | $25.1M | $35.5M | 20x | |
| KuCoin ORCLUSDTM | +0.0377% | 8h | 149.79 | +0.060% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0381% | 8h | 149.71 | +0.007% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.61 | −0.060% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0671% | 8h | 149.79 | +0.060% | $3.9M | $1.7M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0680% | 8h | 149.79 | +0.060% | $47K | $43K | 20x | as long as short |
Binance ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT