Funding you earn now, next payment 03:00 UTC+0.0245%/8h= +26.8% APRpaid last 24h +0.019%
Price spread now: KuCoin against ApeX Omni+0.094%82s7-day average +0.034% · you sell dearer than you buy
Net, funding: paid 7d − costs−$216as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2192.186% of the position
Funding, last 7 days+0.024%+$2 on $10k
+Price spread, last 4 days (all we have)−0.324%−$32 · spread now +0.094%, 7d avg +0.034%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and KuCoin is 0.060% dearer against ApeX Omni than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of +0.034%. The two prices were read 82 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.024% in total (about 1.3% 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 | 149.41 | 0.0100 | pay 0.0013% / 1h | 24m 01s | $22K | $267K | 50x |
| Short | KuCoin ORCLUSDTM | 149.55 | 0.0345 | get 0.0345% / 8h | 5h 24m | $261K | $269K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $51.45
- Price spread: +0.094% → +0.034%
- $5.98
- Slippage, 4 orders
- −$196.57
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$161.14
- Costs to cover
- 2.186%
- Break-even
- 28.9 days
Slippage from ApeX Omni: live order book, 38 min ago; KuCoin: live order book, 72 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 | 6.69 bp | 17.3 bp −$17 | 182.4 bp −$1,824 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 72 min ago | 8.03 bp | 70.9 bp −$71 | doesn't fit | 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 | −0.0327% | 4h | 149.36 | −0.032% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.24 | −0.116% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.161% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.080% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.46 | +0.033% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.43 | +0.013% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.234% | $20K | $12K | 12x | as long as short |
| Bitget ORCLUSDT | +0.0039% | 8h | 149.53 | +0.080% | $7.7M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.067% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | −0.007% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.30 | −0.074% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.34 | −0.047% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.40 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.12 | −0.194% | $698K | $723K | 10x | as long as short |
| Gate ORCL_USDT | +0.0058% | 8h | 149.48 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.40 | −0.007% | $1.1M | $2.6M | 10x | as long as short |
| Nado ORCL-PERP | +0.0074% | 1h | 149.25 | −0.108% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 149.41 | long leg | $22K | $267K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.41 | 0.000% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0164% | 8h | 149.39 | −0.013% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0184% | 8h | 149.41 | +0.003% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.38 | −0.017% | $389K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0258% | 8h | 149.45 | +0.027% | $24.9M | $35.4M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0340% | 8h | 149.43 | +0.013% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTMshort | +0.0345% | 8h | 149.55 | +0.094% | $261K | $269K | 20x | |
| Phoenix ORCL | +0.0536% | 1h | 149.27 | −0.094% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0567% | 8h | 149.56 | +0.100% | $3.7M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0577% | 8h | 149.48 | +0.047% | $47K | $43K | 20x | as long as short |
ApeX Omni ORACLEUSDT
KuCoin ORCLUSDTM
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Bitget ORCLUSDT
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT