Funding you earn now, next payment 08:00 UTC+0.0637%/8h= +69.7% APRnext payment +$6.37 per $10,000 · paid last 24h +0.003%
Price spread now: Bybit against Bitget−0.027%7-day average −0.029% · you buy dearer than you sell
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costs−$52as in the Price arb table
costs, in and out, $10k−$520.524% of the position
Funding, last 7 days+0.059%+$6 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.027%, 7d avg −0.029%
=The price spread sits at its 7-day average of −0.029%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.059% in total (about 3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.37 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 | Bitget ORCLUSDT | 149.16 | 0 | get 0.0000% / 8h | 2h 29m | $7.7M | $3.8M | 20x |
| Short | Bybit ORCLUSDT | 149.12 | 0.0637 | get 0.0637% / 8h | 2h 29m | $4.1M | $1.8M | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $133.72
- Price spread: −0.027% → −0.029%
- $0.22
- Slippage, 4 orders
- −$29.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $81.51
- Costs to cover
- 0.524%
- Break-even
- 2.7 days
Slippage from Bitget: live order book, 3 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 Bitget live order book, 3 min ago | 1.34 bp | 17.7 bp −$18 | 23.9 bp −$239 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 3 min ago | 1.68 bp | 10.7 bp −$11 | 21.3 bp −$213 | 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 | −0.0560% | 4h | 149.02 | −0.097% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.26 | +0.064% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.16 | long leg | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.29 | +0.087% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.26 | +0.067% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | −0.047% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.02 | −0.094% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.067% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.96 | −0.134% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.02 | −0.094% | — | $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 | 148.94 | −0.147% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.96 | −0.134% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.01 | −0.101% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.89 | −0.181% | $679K | $838K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.99 | −0.114% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 148.92 | −0.161% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.93 | −0.154% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.99 | −0.114% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0163% | 8h | 149.04 | −0.082% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 148.97 | −0.129% | $1.3M | $368K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0275% | 8h | 149.15 | −0.007% | $241K | $287K | 20x | as long as short |
| Binance ORCLUSDT | +0.0278% | 8h | 149.07 | −0.060% | $25.0M | $35.8M | 20x | as long as short |
| Gate ORCL_USDT | +0.0278% | 8h | 149.11 | −0.034% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.03 | −0.087% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.11 | −0.034% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 148.98 | −0.121% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0623% | 8h | 149.17 | +0.007% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0637% | 8h | 149.12 | −0.027% | $4.1M | $1.8M | 50x |
Bitget ORCLUSDT
Bybit ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Binance ORCLUSDT
Gate ORCL_USDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT