Funding you earn now, next payment 12:00 UTC−0.0069%/8h= −7.5% APRpaid last 24h −0.009%
Price spread now: Nado against Orderly−0.055%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$2 a day on $10k at the current rate, and Nado is 0.055% cheaper against Orderly than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 150.49 | 0.0100 | pay 0.0100% / 8h | 4h 53m | $191 | — | 10x |
| Short | Nado ORCL-PERP | 150.41 | 0.0031 | get 0.0004% / 1h | 53m 21s | $89K | $5K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$14.39
- Price spread: −0.055% → 0.000%
- −$5.53
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$32.92
- Costs to cover
- 0.130%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Nado: 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Nado no order-book sample | — | — | — | — | — |
Orderly and 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 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 | −0.0242% | 4h | 150.40 | −0.063% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.59 | +0.065% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.60 | +0.073% | $3K | $2.3M | 10x | as long as short |
| Nado ORCL-PERPshort | +0.0031% | 1h | 150.41 | −0.055% | $89K | $5K | 10x | |
| Lighter ORCL | +0.0032% | 1h | 150.57 | +0.053% | $481K | $60K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.950% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.66 | +0.113% | — | $4K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.42 | −0.047% | $22.0M | $6.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.47 | −0.013% | $78K | $151K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 150.38 | −0.073% | $30K | $3K | 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 | 150.23 | −0.173% | $698K | $884K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 150.46 | −0.020% | $1.1M | $1.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0072% | 1h | 150.49 | 0.000% | $626K | $293K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.46 | −0.020% | $243K | $497K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.41 | −0.053% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 150.49 | long leg | $191 | — | 10x | |
| HTX ORCL-USDT | +0.0109% | 8h | 150.57 | +0.053% | $52K | $18K | 20x | as long as short |
| Bitget ORCLUSDT | +0.0221% | 8h | 150.63 | +0.093% | $7.8M | $2.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0235% | 8h | 150.54 | +0.033% | $5.0M | $6.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0260% | 8h | 150.59 | +0.066% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0343% | 8h | 150.40 | −0.063% | $1.2M | $371K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0440% | 1h | 150.45 | −0.026% | $391K | $2.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0444% | 8h | 150.52 | +0.022% | $25.5M | $35.5M | 20x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.42 | −0.047% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0588% | 8h | 150.44 | −0.033% | $2K | $138K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0657% | 8h | 150.60 | +0.073% | $4.2M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0682% | 8h | 150.56 | +0.047% | $48K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 150.51 | +0.013% | $154K | $85K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Lighter RH ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
HTX ORCL-USDT
Bitget ORCLUSDT
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL