Funding you earn now, next payment 08:00 UTC−0.0244%/8h= −26.8% APRnext payment −$2.44 per $10,000 · paid last 24h −0.074%
Price spread now: Variational Omni against Bitget−0.089%7-day average −0.036% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.079%−$8 on $10k
+Price spread, last 7 days+0.022%+$2 · spread now −0.089%, 7d avg −0.036%
=Together, before fees−0.057%+ Points / potential airdropVariational Omni: Active · farm board−$6 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Variational Omni is 0.053% cheaper against Bitget than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.036%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.079% in total (about -8.6% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.44 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 | 149.74 | 0.0409 | pay 0.0409% / 8h | 7h 29m | $7.7M | $4.1M | 20x |
| Short | Variational Omni ORCL | 149.61 | 0.0165 | get 0.0165% / 8h | 7h 29m | $1.3M | $363K | — |
Bitget ORCLUSDT
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational 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
- −$51.32
- Price spread: −0.089% → −0.036%
- −$5.27
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$68.59
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: Bitget: live order book, 4 min ago; Variational Omni: RFQ quote, 5 min ago. Net counts fees only.
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 | 2.01 bp | 12.8 bp −$13 | 21.7 bp −$217 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, 5 min ago | 4.45 bp | doesn't fit | 18.1 bp −$181 | 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 | −0.0223% | 4h | 149.60 | −0.095% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.63 | −0.076% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.89 | +0.100% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.57 | −0.114% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.027% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.62 | −0.080% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.454% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.59 | −0.100% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.56 | −0.120% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.64 | −0.067% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
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 | 149.34 | −0.267% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0066% | 1h | 149.48 | −0.172% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.64 | −0.067% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | −0.254% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.63 | −0.073% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0123% | 1h | 149.53 | −0.140% | $21.5M | $6.9M | 10x | as long as short |
| Variational Omni ORCLshort | +0.0165% | 8h | 149.61 | −0.089% | $1.3M | $363K | — | |
| Binance ORCLUSDT | +0.0216% | 8h | 149.69 | −0.035% | $25.1M | $35.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0216% | 1h | 149.64 | −0.068% | $388K | $1.4M | 10x | as long as short |
| Gate ORCL_USDT | +0.0226% | 8h | 149.71 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0263% | 8h | 149.64 | −0.067% | $1K | $184K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0303% | 8h | 149.59 | −0.100% | $261K | $254K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0326% | 8h | 149.65 | −0.060% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDTlong | +0.0409% | 8h | 149.74 | long leg | $7.7M | $4.1M | 20x | |
| Arcus ORCL-USD | +0.0467% | 1h | 149.50 | −0.160% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0522% | 8h | 149.74 | 0.000% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0593% | 8h | 149.73 | −0.007% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.49 | −0.167% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL