Funding you earn now, next payment 07:00 UTC+0.0111%/8h= +12.1% APRpaid last 24h +0.017%
Price spread now: Variational Omni against tradeXYZ+0.060%7-day average +0.108% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 7 days+0.017%+$2 · spread now +0.060%, 7d avg +0.108%
=Together, before fees+0.018%+ Points / potential airdroptradeXYZ: Active · Variational Omni: Active · farm board+$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. Variational Omni is 0.049% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.060% now, against its 7-day average of +0.108%). If the spread goes back, that is −$5 on $10k: about 35 hours of funding at the current rate (+$3 a day). At the pace of the last 4 days (+0.001% in total) that is about 5 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.23 | 0.0050 | pay 0.0006% / 1h | 24m 26s | $21.6M | $6.9M | 10x |
| Short | Variational Omni ORCL | 149.32 | 0.0161 | get 0.0161% / 8h | 1h 24m | $1.2M | $423K | — |
tradeXYZ xyz:ORCL
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $23.25
- Price spread: +0.060% → +0.108%
- −$4.85
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $0.39
- Costs to cover
- 0.180%
- Break-even
- 6.9 days
Slippage unknown: tradeXYZ: live order book, 5 min ago; Variational Omni: RFQ quote, 5 min ago. 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, 5 min ago | 0.34 bp | 11.5 bp −$11 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 3.04 bp | doesn't fit | 16.7 bp −$167 | doesn't fit | doesn't fit |
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 | −0.0302% | 4h | 149.36 | +0.085% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.24 | +0.006% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.43 | +0.134% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.61 | +0.255% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.214% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.45 | +0.147% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.36 | +0.087% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.114% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | +0.020% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | +0.114% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCLlong | +0.0050% | 1h | 149.23 | long leg | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.28 | +0.034% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.34 | +0.074% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.047% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 149.24 | +0.004% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.35 | +0.080% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.24 | +0.007% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | +0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0137% | 8h | 149.38 | +0.101% | $240K | $280K | 20x | as long as short |
| Variational Omni ORCLshort | +0.0161% | 8h | 149.32 | +0.060% | $1.2M | $423K | — | |
| GRVT ORCL_USDT_Perp | +0.0161% | 8h | 149.36 | +0.088% | $1K | $162K | 10x | as long as short |
| Gate ORCL_USDT | +0.0218% | 8h | 149.40 | +0.114% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0241% | 8h | 149.35 | +0.080% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0254% | 8h | 149.36 | +0.089% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.29 | +0.043% | $391K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.43 | +0.134% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0570% | 8h | 149.40 | +0.114% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0574% | 8h | 149.38 | +0.101% | $47K | $44K | 20x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT