Funding you earn now, next payment 08:00 UTC−0.0322%/8h= −35.2% APRnext payment −$3.22 per $10,000 · paid last 24h −0.063%
Price spread now: SunX against Binance+0.139%7-day average +0.173% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 4 days (all we have)+0.174%+$17 · spread now +0.139%, 7d avg +0.173%
=Both sides work against this trade now: funding costs −$10 a day on $10k at the current rate, and SunX is 0.034% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.173%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.158% in total (about -8.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.22 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 | Binance ORCLUSDT | 149.71 | 0.0322 | pay 0.0322% / 8h | 3h 43m | $25.2M | $35.3M | 20x |
| Short | SunX ORCL-USDT | 149.92 | 0 | get 0.0000% / 8h | 3h 43m | $3K | $2.7M | 10x |
Binance ORCLUSDT
SunX ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$67.57
- Price spread: +0.139% → +0.173%
- −$3.37
- Slippage, 4 orders
- no order book: not counted
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$88.93
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Binance: live order book, 13 min ago; SunX: 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 Binance live order book, 13 min ago | 0.33 bp | 8.4 bp −$8 | 15.4 bp −$154 | 66.4 bp −$6,639 | doesn't fit |
| Sell SunX live order book, 4 min ago | 30.34 bp | doesn't fit | 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 | −0.0228% | 4h | 149.68 | −0.020% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.53 | −0.119% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.77 | +0.039% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 149.92 | +0.139% | $3K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.77 | +0.039% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.68 | −0.021% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.65 | −0.041% | $624K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.435% | $20K | $12K | 12x | as long as short |
| Nado ORCL-PERP | +0.0036% | 1h | 149.53 | −0.121% | $91K | $20K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.58 | −0.088% | $87K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Nado ORCL-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 | 149.67 | −0.028% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.56 | −0.101% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.63 | −0.055% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | −0.021% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.54 | −0.115% | $703K | $723K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.66 | −0.035% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.62 | −0.061% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | −0.028% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0212% | 8h | 149.54 | −0.115% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0245% | 8h | 149.69 | −0.015% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0301% | 8h | 149.76 | +0.032% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.64 | −0.047% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0322% | 8h | 149.71 | long leg | $25.2M | $35.3M | 20x | |
| KuCoin ORCLUSDTM | +0.0357% | 8h | 149.78 | +0.046% | $262K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0388% | 8h | 149.73 | +0.012% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.67 | −0.028% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0710% | 8h | 149.80 | +0.059% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0725% | 8h | 149.76 | +0.032% | $4.1M | $1.8M | 50x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT