Funding you earn now, next payment 00:00 UTC+0.0422%/8h= +46.2% APRpaid last 24h +0.049%
Price spread now: Bybit against ApeX Omni+0.121%7-day average +0.032% · you sell dearer than you buy
Net, funding: paid 7d − costs−$69as in the Funding arb table
Net, price: spread back to 7d avg − costs−$59as in the Price arb table
costs, in and out, $10k−$680.680% of the position
Funding, last 7 days−0.005%−$1 on $10k
+Price spread, last 3 days (all we have)−0.207%−$21 · spread now +0.121%, 7d avg +0.032%
=Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.089% dearer against ApeX Omni than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of +0.032%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.005% in total (about -0.3% 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 | ApeX Omni ORACLEUSDT | 148.96 | 0.0100 | pay 0.0013% / 1h | 39m 08s | $22K | $269K | 50x |
| Short | Bybit ORCLUSDT | 149.14 | 0.0522 | get 0.0522% / 8h | 39m 08s | $3.5M | $1.6M | 50x |
ApeX Omni ORACLEUSDT
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against ApeX 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
- $88.65
- Price spread: +0.121% → +0.032%
- $8.93
- Slippage, 4 orders
- −$47.02
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $29.56
- Costs to cover
- 0.680%
- Break-even
- 4.7 days
Slippage from ApeX Omni: live order book, 38 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 ApeX Omni live order book, 38 min ago | 9.41 bp | 20.1 bp −$20 | 192.8 bp −$1,928 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.01 bp | 12.2 bp −$12 | 26.7 bp −$267 | 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 | −0.0270% | 4h | 149.08 | +0.083% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | +0.083% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.15 | +0.128% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.34 | +0.255% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.107% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0031% | 8h | 149.10 | +0.092% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.13 | +0.114% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.067% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.01 | +0.034% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0046% | 8h | 149.09 | +0.087% | $2K | $196K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_PerpShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.09 | +0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.76 | −0.134% | $708K | $692K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0057% | 1h | 149.00 | +0.027% | $131K | $122K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.05 | +0.060% | $1.1M | $2.9M | 10x | as long as short |
| Binance ORCLUSDT | +0.0092% | 8h | 149.10 | +0.094% | $24.9M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0096% | 1h | 149.07 | +0.076% | $386K | $1.4M | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 148.96 | long leg | $22K | $269K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.08 | +0.081% | $190 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0180% | 1h | 148.88 | −0.056% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0188% | 1h | 148.98 | +0.013% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.08 | +0.081% | $620K | $462K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0202% | 8h | 149.14 | +0.121% | $258K | $236K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0277% | 8h | 149.07 | +0.074% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.00 | +0.027% | $86K | $86K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0348% | 8h | 149.13 | +0.114% | $7.4M | $4.7M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0493% | 8h | 149.14 | +0.121% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0522% | 8h | 149.14 | +0.121% | $3.5M | $1.6M | 50x | |
| Phoenix ORCL | +0.0538% | 1h | 148.89 | −0.047% | $149K | $84K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Polymarket Perps ORCL-USD
QFEX ORCL-USD
Binance ORCLUSDT
Extended ORCL_24_5-USD
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
tradeXYZ xyz:ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL