Funding you earn now, next payment 04:00 UTC+0.0817%/8h= +89.4% APRpaid last 24h +0.252%
Price spread now: Bybit against edgeX+0.051%101s7-day average +0.015% · you sell dearer than you buy
Net, funding: paid 7d − costs+$91as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$480.478% of the position
Funding, last 7 days+1.384%+$138 on $10k
+Price spread, last 3 days (all we have)−0.132%−$13 · spread now +0.051%, 7d avg +0.015%
=Together, before fees+1.252%+ Points / potential airdropedgeX: Active · farm board+$125 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$25 a day on $10k at the current rate, and Bybit is 0.036% dearer against edgeX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.015%. The two prices were read 101 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX ORCLUSDC | 149.51 | −0.0262 | get 0.0131% / 4h | 3h 01m | $28K | $214K | 10x |
| Short | Bybit ORCLUSDT | 149.59 | 0.0555 | get 0.0555% / 8h | 7h 01m | $3.5M | $1.4M | 50x |
edgeX ORCLUSDC
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against edgeX. 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
- $171.54
- Price spread: +0.051% → +0.015%
- $3.57
- Slippage, 4 orders
- −$27.79
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $127.32
- Costs to cover
- 0.478%
- Break-even
- 1.8 days
Slippage from edgeX: live order book, 5 min ago; Bybit: live order book, 6 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 edgeX live order book, 5 min ago | 5.69 bp | 10.7 bp −$11 | 18.0 bp −$180 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.00 bp | 13.4 bp −$13 | 26.6 bp −$266 | 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 ORCLUSDClong | −0.0262% | 4h | 149.51 | long leg | $28K | $214K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.62 | +0.068% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.77 | +0.171% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.58 | +0.044% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.58 | +0.044% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.52 | +0.004% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.304% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.54 | +0.017% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.43 | −0.056% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.52 | +0.004% | $30K | $3K | 10x | as long as short |
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 | 149.32 | −0.130% | $703K | $688K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.43 | −0.054% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.47 | −0.030% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0083% | 1h | 149.44 | −0.050% | $21.5M | $6.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.43 | −0.056% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.49 | −0.016% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0204% | 8h | 149.54 | +0.019% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.49 | −0.019% | $386K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0252% | 8h | 149.50 | −0.009% | $25.0M | $35.1M | 20x | as long as short |
| Gate ORCL_USDT | +0.0253% | 8h | 149.56 | +0.031% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0307% | 8h | 149.63 | +0.078% | $261K | $261K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0320% | 8h | 149.55 | +0.024% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0341% | 8h | 149.55 | +0.021% | $2K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0378% | 8h | 149.58 | +0.044% | $7.6M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.45 | −0.043% | $87K | $79K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0555% | 8h | 149.59 | +0.051% | $3.5M | $1.4M | 50x | |
| BloFin ORCL-USDT | +0.0587% | 8h | 149.52 | +0.004% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.46 | −0.036% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Phoenix ORCL