Funding you earn now, next payment 07:00 UTC+0.0100%/8h= +10.9% APRpaid last 24h −0.081%
Price spread now: ApeX Omni against Bitget−0.107%113s7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$700.700% of the position
Funding, last 7 days+0.012%+$1 on $10k
+Price spread, last 4 days (all we have)+0.202%+$20 · spread now −0.107%, 7d avg −0.070%
=Funding pays, the price is against you. ApeX Omni is 0.037% cheaper against Bitget than usual: you would sell low and buy high (spread −0.107% now, against its 7-day average of −0.070%). If the spread goes back, that is −$4 on $10k: about 29 hours of funding at the current rate (+$3 a day). At the pace of the last 7 days (+0.012% in total) that is about 21 days. The two prices were read 113 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.55 | 0 | get 0.0000% / 8h | 1h 53m | $7.7M | $3.7M | 20x |
| Short | ApeX Omni ORACLEUSDT | 149.39 | 0.0100 | get 0.0013% / 1h | 53m 34s | $22K | $263K | 50x |
Bitget ORCLUSDT
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against Bitget. 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
- $21
- Price spread: −0.107% → −0.070%
- −$3.67
- Slippage, 4 orders
- −$47.98
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$52.65
- Costs to cover
- 0.700%
- Break-even
- 24.5 days
Slippage from Bitget: live order book, 5 min ago; ApeX Omni: live order book, 53 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 Bitget live order book, 5 min ago | 2.34 bp | 15.3 bp −$15 | 21.2 bp −$212 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 53 min ago | 8.70 bp | 20.6 bp −$21 | 182.1 bp −$1,821 | 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 | −0.0513% | 4h | 149.47 | −0.054% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.38 | −0.111% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.55 | long leg | $7.7M | $3.7M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.81 | +0.174% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.067% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | −0.020% | $474K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.328% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.38 | −0.114% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.44 | −0.074% | — | $67K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.43 | −0.080% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.46 | −0.060% | $699K | $895K | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0058% | 1h | 149.36 | −0.127% | $131K | $92K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.42 | −0.087% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.39 | −0.107% | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.44 | −0.074% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0142% | 1h | 149.34 | −0.140% | $21.6M | $6.9M | 10x | as long as short |
| Nado ORCL-PERP | +0.0169% | 1h | 149.32 | −0.154% | $88K | $22K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0170% | 8h | 149.55 | −0.001% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0183% | 8h | 149.45 | −0.068% | $1.2M | $423K | — | as long as short |
| Lighter RH ORCL | +0.0192% | 1h | 149.47 | −0.053% | $623K | $321K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0199% | 8h | 149.40 | −0.100% | $240K | $283K | 20x | as long as short |
| Gate ORCL_USDT | +0.0243% | 8h | 149.52 | −0.020% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.43 | −0.080% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0275% | 8h | 149.47 | −0.053% | $24.9M | $36.7M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0288% | 8h | 149.48 | −0.047% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.52 | −0.020% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0607% | 8h | 149.50 | −0.033% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0616% | 8h | 149.50 | −0.033% | $4.1M | $1.9M | 50x | as long as short |
Ondo Perps ORCL-USD.P
Polymarket Perps ORCL-USD
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Nado ORCL-PERP
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT