Spread before costs (cost unknown: a leg has no order-book sample)−0.174%
7d average—if it closes, per $10,000$17funding while held, a day−$14.25
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.06 | 0.0575 | pay 0.0575% / 8h | 5h 11m | $7.5M | $4.8M | 20x |
| Short | Orderly PERP_ORCL_USDC_mythos | 148.80 | 0.0100 | get 0.0100% / 8h | 5h 11m | $189 | — | 10x |
Price spread history
latest
Range statsloading…
How often the spread is this wide
share of time at each level, last 7DBacktest
opened in the past, held until now, after costsProfit calculator
- Spread captured
- −$17.44
- Funding while held
- −$14.25
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$49.69
- Spread needed to break even
- 0.180%
Slippage unknown: Bitget: live order book, 3 min ago; Orderly: no order-book sample. Net counts fees only.
Cost of waiting
funding view- Funding /8h
- −0.0475%
- Per $10,000 a day
- −$14.25
- Average in range /8h
- —
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 | 1.68 bp | 14.5 bp −$15 | 23.4 bp −$234 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
ORCL price on every exchange
against the cheapest. Click to use as the short leg.ORCL on 27 venues
cheapest first. Swap a leg.| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Variational Omni ORCL | −0.335% | +0.0107% | 8h | $1.3M | $270K | — | as long as short |
| Phoenix ORCL | −0.329% | +0.0482% | 1h | $149K | $101K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | −0.315% | +0.0100% | 1h | $22K | $267K | 50x | as long as short |
| edgeX ORCLUSDC | −0.309% | −0.0935% | 4h | $29K | $214K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | −0.275% | +0.0050% | 1h | $736K | $628K | 10x | as long as short |
| HTX ORCL-USDT | −0.262% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | −0.247% | +0.0127% | 1h | $93K | $18K | 10x | as long as short |
| Polymarket Perps ORCL-USD | −0.228% | +0.0050% | 1h | $130K | $119K | 10x | as long as short |
| BloFin ORCL-USDT | −0.228% | +0.0480% | 8h | $48K | $52K | 20x | as long as short |
| QFEX ORCL-USD | −0.215% | +0.0061% | 1h | $1.1M | $2.6M | 10x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | −0.188% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | −0.174% | +0.0100% | 8h | $189 | — | 10x | |
| SoDEX ORCL-USD | −0.174% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| tradeXYZ xyz:ORCL | −0.107% | +0.0050% | 1h | $21.7M | $8.6M | 10x | as long as short |
| Arcus ORCL-USD | −0.060% | +0.0349% | 1h | $78K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | −0.040% | +0.0267% | 8h | $4.7M | $5.5M | 20x | as long as short |
| Lighter RH ORCL | −0.034% | +0.0032% | 1h | $623K | $475K | 10x | as long as short |
| Extended ORCL_24_5-USD | −0.029% | +0.0216% | 1h | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | −0.027% | +0.0217% | 8h | $24.7M | $34.3M | 20x | as long as short |
| Gate ORCL_USDT | −0.027% | 0.0000% | 8h | $2.2M | $3.0M | 25x | as long as short |
| Lighter ORCL | −0.020% | +0.0032% | 1h | $472K | $51K | 10x | as long as short |
| Bybit ORCLUSDT | −0.020% | +0.0454% | 8h | $3.3M | $1.5M | 50x | as long as short |
| SunX ORCL-USDT | −0.013% | 0.0000% | 8h | $2K | $2.9M | 10x | as long as short |
| Bitget ORCLUSDTlong | 0.000% | +0.0575% | 8h | $7.5M | $4.8M | 20x | |
| Injective ORCL/USDC PERP | 0.000% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
| KuCoin ORCLUSDTM | +0.040% | +0.0104% | 8h | $258K | $138K | 20x | as long as short |
| Aster ORCLUSDT | +0.171% | +0.0081% | 8h | $93K | $16K | 20x | as long as short |
Bitget ORCLUSDT
Variational Omni
Phoenix
ApeX Omni
HTX
Polymarket Perps
BloFin
SoDEX
tradeXYZ
OKX
Lighter RH
Extended
Binance
Gate
Lighter
Bybit
SunX
Injective
KuCoin
Aster