Funding you earn now, next payment 10:00 UTC−0.0649%/8h= −71.1% APRnext payment −$0.81 per $10,000 · paid last 24h −0.118%
Price spread now: ApeX Omni against Phoenix+0.027%7-day average +0.028% · you sell dearer than you buy
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$66as in the Price arb table
costs, in and out, $10k−$650.654% of the position
Funding, last 7 days−0.706%−$71 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now +0.027%, 7d avg +0.028%
=The price spread sits at its 7-day average of +0.028%, so right now this pair is about funding alone: −$19 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ORCL | 149.67 | 0.0749 | pay 0.0094% / 1h | 44m 13s | $153K | $72K | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.71 | 0.0100 | get 0.0013% / 1h | 44m 13s | $22K | $262K | 50x |
Phoenix ORCL
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Phoenix. 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
- −$136.26
- Price spread: +0.027% → +0.028%
- −$0.14
- Slippage, 4 orders
- −$48.44
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$201.84
- Costs to cover
- 0.654%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 61 min ago; ApeX Omni: live order book, 65 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 Phoenix live order book, 61 min ago | 3.35 bp | 12.4 bp −$12 | 26.4 bp −$264 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 65 min ago | 8.70 bp | 21.1 bp −$21 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
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 | −0.0660% | 4h | 149.78 | +0.072% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.58 | −0.061% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.06 | +0.261% | $3K | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0028% | 8h | 149.91 | +0.160% | $7.8M | $2.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.87 | +0.134% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.408% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.88 | +0.140% | — | $37K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.64 | −0.020% | $712K | $859K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.77 | +0.067% | $1.1M | $2.0M | 10x | as long as short |
| SoDEX ORCL-USD | +0.0091% | 1h | 149.81 | +0.094% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Bitget ORCLUSDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
SoDEX ORCL-USDShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0095% | 1h | 149.74 | +0.047% | $131K | $69K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.77 | +0.067% | $242K | $438K | 20x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.71 | +0.027% | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.80 | +0.087% | $191 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0150% | 1h | 149.67 | +0.001% | $88K | $22K | 10x | as long as short |
| HTX ORCL-USDT | +0.0171% | 8h | 149.87 | +0.134% | $52K | $24K | 20x | as long as short |
| Lighter RH ORCL | +0.0232% | 1h | 149.85 | +0.120% | $624K | $294K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0243% | 8h | 149.82 | +0.100% | $5.0M | $6.1M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0285% | 1h | 149.69 | +0.013% | $21.9M | $6.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0296% | 8h | 149.69 | +0.011% | $1.2M | $393K | — | as long as short |
| Gate ORCL_USDT | +0.0364% | 8h | 149.92 | +0.167% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0392% | 1h | 149.79 | +0.081% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0394% | 8h | 149.84 | +0.114% | $25.3M | $35.3M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.69 | +0.013% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0633% | 8h | 149.84 | +0.111% | $1K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0723% | 8h | 149.86 | +0.127% | $48K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0731% | 8h | 149.84 | +0.114% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCLlong | +0.0749% | 1h | 149.67 | long leg | $153K | $72K | 10x |
Polymarket Perps ORCL-USD
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
HTX ORCL-USDT
Lighter RH ORCL
OKX ORCL-USDT-SWAP
tradeXYZ xyz:ORCL
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT