Funding you earn now, next payment 03:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.012%
Price spread now: Injective against tradeXYZ−0.201%94s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.008%+$1 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.201% cheaper against tradeXYZ than usual: you would sell low and buy high (−$20 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 94 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.36 | 0.0050 | pay 0.0006% / 1h | 21m 31s | $21.5M | $6.8M | 10x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 21m 31s | $20K | $12K | 12x |
tradeXYZ xyz:ORCL
Injective ORCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$3.5
- Price spread: −0.201% → 0.000%
- −$20.09
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$41.61
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 6 min ago; Injective: 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, 6 min ago | 0.34 bp | 11.4 bp −$11 | 17.2 bp −$172 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 | −0.0507% | 4h | 149.41 | +0.034% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.33 | −0.019% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.73 | +0.248% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.114% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.49 | +0.087% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.47 | +0.074% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.201% | $20K | $12K | 12x | |
| Bitget ORCLUSDT | +0.0037% | 8h | 149.58 | +0.147% | $7.7M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.35 | −0.007% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.49 | +0.087% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Bitget ORCLUSDT
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.36 | long leg | $21.5M | $6.8M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.48 | +0.080% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.31 | −0.033% | $699K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.48 | +0.080% | $1.1M | $2.5M | 10x | as long as short |
| Gate ORCL_USDT | +0.0075% | 8h | 149.58 | +0.147% | $2.3M | $2.9M | 25x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.34 | −0.014% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.38 | +0.013% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.48 | +0.080% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0184% | 8h | 149.41 | +0.036% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.46 | +0.068% | $2K | $179K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.49 | +0.087% | $389K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0265% | 8h | 149.53 | +0.114% | $24.9M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0345% | 8h | 149.60 | +0.161% | $4.9M | $5.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0349% | 8h | 149.54 | +0.121% | $261K | $269K | 20x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.30 | −0.040% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0547% | 8h | 149.55 | +0.127% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0585% | 8h | 149.60 | +0.161% | $3.7M | $1.5M | 50x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTM
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT