Funding you earn now, next payment 03:00 UTC+0.0621%/8h= +68.0% APRpaid last 24h +0.094%
Price spread now: BloFin against tradeXYZ+0.174%48s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.140%+$14 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work for this trade now. Funding pays +$19 a day on $10k at the current rate, and BloFin is 0.174% dearer against tradeXYZ than usual: you sell high and buy low: +$17 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 48 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.140% in total (about 7.3% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.58 | 0.0050 | pay 0.0006% / 1h | 0m 29s | $21.6M | $6.8M | 10x |
| Short | BloFin ORCL-USDT | 149.84 | 0.0671 | get 0.0671% / 8h | 5h 00m | $47K | $43K | 20x |
tradeXYZ xyz:ORCL
BloFin ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against tradeXYZ. 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
- $130.43
- Price spread: +0.174% → 0.000%
- $17.38
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $117.81
- Costs to cover
- 0.300%
- Break-even
- 0.7 days
Slippage unknown: tradeXYZ: live order book, 9 min ago; BloFin: 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 tradeXYZ live order book, 9 min ago | 0.33 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | +0.097% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | −0.009% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.95 | +0.247% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.094% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.080% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.70 | +0.080% | $623K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.348% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | +0.013% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.66 | +0.053% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.58 | long leg | $21.6M | $6.8M | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.64 | +0.040% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.69 | +0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.100% | $703K | $727K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.66 | +0.053% | $1.1M | $2.4M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0082% | 8h | 149.77 | +0.127% | $7.7M | $4.0M | 20x | as long as short |
| Nado ORCL-PERP | +0.0098% | 1h | 149.56 | −0.013% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.69 | +0.074% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.71 | +0.087% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0149% | 8h | 149.75 | +0.114% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0229% | 8h | 149.71 | +0.084% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.72 | +0.093% | $2K | $178K | 10x | as long as short |
| Binance ORCLUSDT | +0.0303% | 8h | 149.73 | +0.100% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.68 | +0.065% | $390K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0378% | 8h | 149.79 | +0.140% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0384% | 8h | 149.71 | +0.087% | $4.9M | $5.6M | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.60 | +0.013% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDTshort | +0.0671% | 8h | 149.84 | +0.174% | $47K | $43K | 20x | |
| Bybit ORCLUSDT | +0.0674% | 8h | 149.80 | +0.147% | $3.9M | $1.7M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Bitget ORCLUSDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT