Funding you earn now, next payment 03:00 UTC−0.0202%/8h= −22.2% APRnext payment −$0.25 per $10,000 · paid last 24h −0.045%
Price spread now: Vest against Extended+0.043%7-day average +0.263% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.017%−$2 on $10k
+Price spread, last 3 days (all we have)+0.060%+$6 · spread now +0.043%, 7d avg +0.263%
=Together, before fees+0.043%+ Points / potential airdropExtended: Active · Vest: Active · farm board+$4 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$6 a day on $10k at the current rate, and Vest is 0.220% cheaper against Extended than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.263%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid -0.017% in total (about -1.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 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 | Extended ORCL_24_5-USD | 149.21 | 0.0248 | pay 0.0031% / 1h | 48m 25s | $389K | $1.3M | 10x |
| Short | Vest ORCL-USD-PERP | 149.27 | 0.0046 | get 0.0006% / 1h | 48m 25s | — | $67K | 25x |
Extended ORCL_24_5-USD
Vest ORCL-USD-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Vest 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
- −$42.49
- Price spread: +0.043% → +0.263%
- −$21.98
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Vest: 1 bp × 2 orders
- −$2
- Net
- −$71.47
- Costs to cover
- 0.070%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 5 min ago; Vest: no order-book sample. 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 Extended live order book, 5 min ago | 1.68 bp | 8.2 bp −$8 | 58.8 bp −$588 | doesn't fit | doesn't fit |
| Sell Vest no order-book sample | — | — | — | — | — |
Vest: 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 on 27 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 | −0.0172% | 4h | 149.24 | +0.025% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.13 | −0.052% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.198% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.097% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | +0.064% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.24 | +0.023% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.097% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | −0.024% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERPshort | +0.0046% | 1h | 149.27 | +0.043% | — | $67K | 25x | |
| Nado ORCL-PERP | +0.0048% | 1h | 149.12 | −0.057% | $92K | $18K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Nado ORCL-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.16 | −0.030% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.18 | −0.017% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | +0.023% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.050% | $696K | $717K | 10x | as long as short |
| Gate ORCL_USDT | +0.0055% | 8h | 149.27 | +0.043% | $2.3M | $2.9M | 25x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.19 | −0.010% | $1.1M | $2.7M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0083% | 8h | 149.33 | +0.084% | $7.7M | $4.0M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.064% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.23 | +0.017% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0156% | 8h | 149.27 | +0.044% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0185% | 8h | 149.24 | +0.024% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.24 | +0.022% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0248% | 1h | 149.21 | long leg | $389K | $1.3M | 10x | |
| KuCoin ORCLUSDTM | +0.0323% | 8h | 149.39 | +0.124% | $261K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0332% | 8h | 149.24 | +0.023% | $4.9M | $5.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0495% | 8h | 149.34 | +0.090% | $3.6M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.16 | −0.030% | $152K | $75K | 10x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Gate ORCL_USDT
QFEX ORCL-USD
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL