Funding you earn now, next payment 09:00 UTC+0.0215%/8h= +23.5% APRpaid last 24h +0.002%
Price spread now: Gate against ApeX Omni+0.215%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs−$57as in the Price arb table
costs, in and out, $10k−$720.724% of the position
Funding, last 7 days+0.127%+$13 on $10k
+Price spread, last 4 days (all we have)−0.415%−$41 · spread now +0.215%, 7d avg +0.062%
=Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Gate is 0.154% dearer against ApeX Omni than usual: you sell high and buy low: +$15 more if the spread goes back to its 7-day average of +0.062%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.127% in total (about 6.6% 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 | 148.53 | 0.0100 | pay 0.0013% / 1h | 21m 32s | $22K | $262K | 50x |
| Short | Gate ORCL_USDT | 148.85 | 0.0315 | get 0.0315% / 8h | 7h 21m | $2.3M | $2.9M | 25x |
ApeX Omni ORACLEUSDT
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $45.15
- Price spread: +0.215% → +0.062%
- $15.36
- Slippage, 4 orders
- −$47.36
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11.86
- Costs to cover
- 0.724%
- Break-even
- 8.8 days
Slippage from ApeX Omni: live order book, 10 min ago; Gate: live order book, 1 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, 10 min ago | 7.40 bp | 18.7 bp −$19 | 173.7 bp −$1,737 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.35 bp | 18.8 bp −$19 | 73.4 bp −$734 | 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 | −0.0881% | 4h | 148.55 | +0.011% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.70 | +0.114% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.85 | +0.215% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.57 | +0.025% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.95 | +0.283% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.67 | +0.094% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.80 | +0.182% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.73 | +0.135% | $603K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.357% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.70 | +0.114% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.50 | −0.020% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.39 | −0.094% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.63 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.22 | −0.209% | $711K | $837K | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 148.64 | +0.074% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.76 | +0.155% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0091% | 1h | 148.62 | +0.061% | $21.7M | $6.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.61 | +0.054% | $240K | $327K | 20x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 148.53 | long leg | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.62 | +0.061% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0123% | 8h | 148.41 | −0.080% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0188% | 8h | 148.75 | +0.148% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0196% | 8h | 148.78 | +0.168% | $25.1M | $36.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.73 | +0.136% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDTshort | +0.0315% | 8h | 148.85 | +0.215% | $2.3M | $2.9M | 25x | |
| BloFin ORCL-USDT | +0.0402% | 8h | 148.68 | +0.101% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0447% | 8h | 148.77 | +0.162% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.35 | −0.121% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL