Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.049%+$5 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget ORCLUSDT149.160get 0.0000% / 8h2h 29m$7.7M$3.8M20x
ShortBybit ORCLUSDT149.120.0637get 0.0637% / 8h2h 29m$4.1M$1.8M50x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy Bitget live order book, 3 min ago1.34 bp17.7 bp −$1823.9 bp −$239doesn't fitdoesn't fit
Sell Bybit live order book, 3 min ago1.68 bp10.7 bp −$1121.3 bp −$213doesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0560%4h149.02−0.097%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.26+0.064%$94K$16K20xas long as short
Bitget ORCLUSDTlong0.0000%8h149.16long leg$7.7M$3.8M20x
SunX ORCL-USDT0.0000%8h149.29+0.087%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.26+0.067%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.09−0.047%$472K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.02−0.094%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.067%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h148.96−0.134%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.02−0.094%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h148.94−0.147%$21.5M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.96−0.134%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.01−0.101%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.89−0.181%$679K$838K10xas long as short
QFEX ORCL-USD+0.0058%1h148.99−0.114%$1.1M$2.1M10xas long as short
Nado ORCL-PERP+0.0062%1h148.92−0.161%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h148.93−0.154%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.99−0.114%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0163%8h149.04−0.082%$1K$175K10xas long as short
Variational Omni ORCL+0.0200%8h148.97−0.129%$1.3M$368Kas long as short
KuCoin ORCLUSDTM+0.0275%8h149.15−0.007%$241K$287K20xas long as short
Binance ORCLUSDT+0.0278%8h149.07−0.060%$25.0M$35.8M20xas long as short
Gate ORCL_USDT+0.0278%8h149.11−0.034%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0280%1h149.03−0.087%$388K$1.6M10xas long as short
OKX ORCL-USDT-SWAP+0.0317%8h149.11−0.034%$4.9M$6.0M20xas long as short
Phoenix ORCL+0.0428%1h148.98−0.121%$152K$75K10xas long as short
BloFin ORCL-USDT+0.0623%8h149.17+0.007%$47K$43K20xas long as short
Bybit ORCLUSDTshort+0.0637%8h149.12−0.027%$4.1M$1.8M50x