Funding you earn now, next payment 02:00 UTC+0.0439%/8h= +48.0% APRpaid last 24h +0.094%
Price spread now: Bybit against tradeXYZ+0.114%7-day average +0.112% · you sell dearer than you buy
Net, funding: paid 7d − costs−$34as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 7 days−0.055%−$5 · spread now +0.114%, 7d avg +0.112%
=Together, before fees+0.089%+ Points / potential airdroptradeXYZ: Active · farm board+$9 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.112%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.144% in total (about 7.5% 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 | 149.20 | 0.0092 | pay 0.0012% / 1h | 14m 36s | $21.5M | $6.7M | 10x |
| Short | Bybit ORCLUSDT | 149.37 | 0.0531 | get 0.0531% / 8h | 6h 14m | $3.5M | $1.4M | 50x |
tradeXYZ xyz:ORCL
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $92.13
- Price spread: +0.114% → +0.112%
- $0.16
- Slippage, 4 orders
- −$19.66
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $43.63
- Costs to cover
- 0.487%
- Break-even
- 3.7 days
Slippage from tradeXYZ: live order book, 4 min ago; Bybit: live order book, 3 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 tradeXYZ live order book, 4 min ago | 1.00 bp | 12.0 bp −$12 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.67 bp | 12.4 bp −$12 | 22.9 bp −$229 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0864% | 4h | 149.33 | +0.090% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.22 | +0.011% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.214% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.141% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.36 | +0.107% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.31 | +0.074% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.094% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.23 | +0.020% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.31 | +0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.22 | +0.013% | $131K | $90K | 10x | as long as short |
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-PERP
Polymarket Perps ORCL-USDShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.30 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.047% | $711K | $690K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.25 | +0.034% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.22 | +0.011% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0092% | 1h | 149.20 | long leg | $21.5M | $6.7M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | +0.034% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.28 | +0.054% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0129% | 8h | 149.32 | +0.080% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0167% | 8h | 149.38 | +0.121% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.28 | +0.052% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0204% | 8h | 149.39 | +0.125% | $2K | $180K | 10x | as long as short |
| Binance ORCLUSDT | +0.0256% | 8h | 149.28 | +0.054% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.25 | +0.035% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0315% | 8h | 149.45 | +0.168% | $261K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.34 | +0.094% | $4.9M | $5.7M | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0531% | 8h | 149.37 | +0.114% | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0535% | 1h | 149.34 | +0.094% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL