Funding you earn now, next payment 00:00 UTC+0.0471%/8h= +51.6% APRnext payment +$4.71 per $10,000 · paid last 24h +0.058%
Price spread now: Bybit against Variational Omni+0.079%7-day average +0.006% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)+0.094%+$9 on $10k
+Price spread, last 7 days−0.027%−$3 · spread now +0.079%, 7d avg +0.006%
=Together, before fees+0.067%+ Points / potential airdropVariational Omni: Active · farm board+$7 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$14 a day on $10k at the current rate, and Bybit is 0.073% dearer against Variational Omni than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of +0.006%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.094% in total (about 10.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.71 per $10,000. 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 | Variational Omni ORCL | 148.81 | 0 | get 0.0000% / 8h | 1h 48m | $1.3M | $221K | — |
| Short | Bybit ORCLUSDT | 148.93 | 0.0471 | get 0.0471% / 8h | 1h 48m | $3.5M | $1.6M | 50x |
Variational Omni ORCL
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Variational Omni. 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
- $98.87
- Price spread: +0.079% → +0.006%
- $7.29
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $95.17
- Costs to cover
- 0.110%
- Break-even
- 0.3 days
Slippage unknown: Variational Omni: RFQ quote, 1 min ago; Bybit: live order book, 4 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 Variational Omni RFQ quote, 1 min ago | 3.06 bp | doesn't fit | 35.0 bp −$350 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.01 bp | 13.2 bp −$13 | 21.3 bp −$213 | 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 | −0.0651% | 4h | 148.83 | +0.012% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.90 | +0.056% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.86 | +0.029% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 148.88 | +0.043% | $24.8M | $35.8M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.88 | +0.045% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCLlong | 0.0000% | 8h | 148.81 | long leg | $1.3M | $221K | — | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.87 | +0.037% | $1K | $203K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.07 | +0.173% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.133% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.96 | +0.099% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.92 | +0.072% | $623K | $456K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.166% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.87 | +0.039% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.78 | −0.022% | $21.4M | $8.5M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.76 | −0.035% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.83 | +0.012% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.71 | −0.069% | $737K | $586K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.85 | +0.025% | $1.1M | $2.8M | 10x | as long as short |
| Nado ORCL-PERP | +0.0092% | 1h | 148.78 | −0.024% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.97 | +0.106% | $259K | $210K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | +0.025% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.82 | +0.005% | $189 | — | 10x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.81 | −0.002% | $78K | $78K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0192% | 8h | 148.95 | +0.092% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0296% | 8h | 148.92 | +0.072% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0471% | 8h | 148.93 | +0.079% | $3.5M | $1.6M | 50x | |
| BloFin ORCL-USDT | +0.0473% | 8h | 148.79 | −0.015% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.79 | −0.015% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL