Funding you earn now, next payment 21:00 UTC+0.0390%/8h= +42.7% APRpaid last 24h +0.031%
Price spread now: Bybit against Extended+0.061%7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$37as in the Price arb table
costs, in and out, $10k−$410.415% of the position
Funding, last 7 days+0.050%+$5 on $10k
+Price spread, last 7 days+0.049%+$5 · spread now +0.061%, 7d avg +0.020%
=Together, before fees+0.098%+ Points / potential airdropExtended: Active · farm board+$10 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and Bybit is 0.042% dearer against Extended than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.020%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.050% in total (about 2.6% a year). A funding rate is set anew for every payment. 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 | Extended ORCL_24_5-USD | 148.59 | 0.0104 | pay 0.0013% / 1h | 32m 22s | $385K | $1.4M | 10x |
| Short | Bybit ORCLUSDT | 148.68 | 0.0494 | get 0.0494% / 8h | 3h 32m | $3.5M | $1.6M | 50x |
Extended ORCL_24_5-USD
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against Extended. 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
- $81.9
- Price spread: +0.061% → +0.020%
- $4.16
- Slippage, 4 orders
- −$25.48
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $44.58
- Costs to cover
- 0.415%
- Break-even
- 3.2 days
Slippage from Extended: live order book, 2 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 Extended live order book, 2 min ago | 1.35 bp | 8.1 bp −$8 | 61.1 bp −$611 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 6 min ago | 1.01 bp | 12.7 bp −$13 | 23.7 bp −$237 | 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 | −0.0523% | 4h | 148.63 | +0.025% | $29K | $214K | 10x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.61 | +0.014% | $2.2M | $3.1M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.62 | +0.021% | $2K | $202K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.83 | +0.162% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.63 | +0.027% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0032% | 8h | 148.60 | +0.005% | $1.3M | $221K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.66 | +0.048% | $471K | $52K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.59 | +0.001% | $621K | $467K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.317% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.54 | −0.033% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster ORCLUSDT | +0.0046% | 8h | 148.75 | +0.108% | $93K | $16K | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.52 | −0.047% | $21.5M | $8.7M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.51 | −0.053% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.58 | −0.006% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.39 | −0.134% | $736K | $626K | 10x | as long as short |
| QFEX ORCL-USD | +0.0061% | 1h | 148.56 | −0.020% | $1.1M | $2.7M | 10x | as long as short |
| Binance ORCLUSDT | +0.0099% | 8h | 148.60 | +0.007% | $24.7M | $36.0M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.67 | +0.054% | $257K | $171K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.60 | +0.007% | $22K | $268K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.60 | +0.007% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0101% | 1h | 148.46 | −0.086% | $92K | $19K | 10x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0104% | 1h | 148.59 | long leg | $385K | $1.4M | 10x | |
| OKX ORCL-USDT-SWAP | +0.0224% | 8h | 148.62 | +0.021% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0276% | 1h | 148.54 | −0.033% | $78K | $81K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0447% | 8h | 148.61 | +0.014% | $7.4M | $4.9M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0473% | 8h | 148.73 | +0.095% | $47K | $53K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0494% | 8h | 148.68 | +0.061% | $3.5M | $1.6M | 50x | |
| Phoenix ORCL | +0.0538% | 1h | 148.60 | +0.007% | $149K | $100K | 10x | as long as short |
Aster ORCLUSDT
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL