After costs, if the gap returns to its 7d average, $10k−$60
spread now−0.222%7d average−0.104%fees + slippage, in and out−$49spread needed0.486%
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 148.59 | 0.0583 | pay 0.0583% / 8h | 5h 20m | $7.5M | $4.8M | 20x |
| Short | Phoenix ORCL | 148.26 | 0.0482 | get 0.0060% / 1h | 20m 32s | $149K | $101K | 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
- −$22.21
- Funding while held
- −$3.02
- Slippage, 4 orders
- −$29.64
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- −$73.87
- Spread needed to break even
- 0.486%
Slippage from Bitget: live order book, 4 min ago; Phoenix: live order book, 11 min ago.
Cost of waiting
funding view- Funding /8h
- −0.0101%
- Per $10,000 a day
- −$3.02
- 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, 4 min ago | 2.36 bp | 14.9 bp −$15 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 11 min ago | 2.69 bp | 9.6 bp −$10 | 20.2 bp −$202 | doesn't fit | doesn't fit |
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 | |
|---|---|---|---|---|---|---|---|
| Phoenix ORCLshort | −0.222% | +0.0482% | 1h | $149K | $101K | 10x | |
| BloFin ORCL-USDT | −0.209% | +0.0486% | 8h | $48K | $51K | 20x | as long as short |
| Nado ORCL-PERP | −0.194% | +0.0133% | 1h | $93K | $18K | 10x | as long as short |
| edgeX ORCLUSDC | −0.165% | −0.0353% | 4h | $29K | $213K | 10x | as long as short |
| tradeXYZ xyz:ORCL | −0.108% | +0.0060% | 1h | $21.6M | $8.6M | 10x | as long as short |
| Variational Omni ORCL | −0.108% | +0.0108% | 8h | $1.3M | $270K | — | as long as short |
| Polymarket Perps ORCL-USD | −0.087% | +0.0050% | 1h | $130K | $119K | 10x | as long as short |
| Vest ORCL-USD-PERP | −0.081% | +0.0046% | 1h | — | $127K | 25x | as long as short |
| KuCoin ORCLUSDTM | −0.074% | +0.0100% | 8h | $257K | $137K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | −0.074% | +0.0100% | 1h | $22K | $267K | 50x | as long as short |
Show all 27 venues
| Exchange | vs long leg | Funding /8h | Every | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|
| Orderly PERP_ORCL_USDC_mythos | −0.074% | +0.0100% | 8h | $189 | — | 10x | as long as short |
| SoDEX ORCL-USD | −0.074% | +0.0050% | 1h | $30K | $3K | 10x | as long as short |
| Arcus ORCL-USD | −0.061% | +0.0349% | 1h | $78K | $81K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | −0.047% | +0.0050% | 1h | $738K | $627K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | −0.040% | +0.0266% | 8h | $4.7M | $5.5M | 20x | as long as short |
| QFEX ORCL-USD | −0.034% | +0.0061% | 1h | $1.1M | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | −0.027% | 0.0000% | 8h | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | −0.026% | +0.0224% | 1h | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | −0.015% | +0.0221% | 8h | $24.7M | $34.0M | 20x | as long as short |
| Lighter ORCL | −0.007% | +0.0032% | 1h | $471K | $51K | 10x | as long as short |
| Lighter RH ORCL | −0.007% | +0.0032% | 1h | $622K | $475K | 10x | as long as short |
| Bitget ORCLUSDTlong | 0.000% | +0.0583% | 8h | $7.5M | $4.8M | 20x | |
| Bybit ORCLUSDT | +0.007% | +0.0458% | 8h | $3.3M | $1.5M | 50x | as long as short |
| Gate ORCL_USDT | +0.007% | 0.0000% | 8h | $2.2M | $3.0M | 25x | as long as short |
| SunX ORCL-USDT | +0.094% | 0.0000% | 8h | $3K | $2.9M | 10x | as long as short |
| Aster ORCLUSDT | +0.233% | +0.0074% | 8h | $93K | $16K | 20x | as long as short |
| Injective ORCL/USDC PERP | +0.316% | +0.0033% | 1h | $20K | $84K | 12x | as long as short |
Bitget ORCLUSDT
Phoenix ORCL
BloFin
tradeXYZ
Variational Omni
Polymarket Perps
KuCoin
ApeX Omni
SoDEX
OKX
HTX
Extended
Binance
Lighter
Lighter RH
Bybit
Gate
SunX
Aster
Injective