Funding you earn now, next payment 16:00 UTC−0.0256%/8h= −28.0% APRnext payment −$2.56 per $10,000 · paid last 24h +0.079%
Price spread now: Bitget against Gate+0.007%7-day average +0.004% · you sell dearer than you buy
Net, funding: paid 7d − costs−$74as in the Funding arb table
Net, price: spread back to 7d avg − costs−$60as in the Price arb table
costs, in and out, $10k−$600.601% of the position
Funding, last 7 days−0.139%−$14 on $10k
+Price spread, last 7 days−0.036%−$4 · spread now +0.007%, 7d avg +0.004%
=The price spread sits at its 7-day average of +0.004%, so right now this pair is about funding alone: −$8 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.139% in total (about -7.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.56 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 | Gate ORCL_USDT | 148.58 | 0.0256 | pay 0.0256% / 8h | 7h 27m | $2.3M | $2.9M | 25x |
| Short | Bitget ORCLUSDT | 148.59 | 0 | get 0.0000% / 8h | 7h 27m | $7.7M | $2.6M | 20x |
Gate ORCL_USDT
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Gate. 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
- −$53.76
- Price spread: +0.007% → +0.004%
- $0.28
- Slippage, 4 orders
- −$33.06
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$113.54
- Costs to cover
- 0.601%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; Bitget: live order book, 1 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 Gate live order book, 1 min ago | 2.36 bp | 19.2 bp −$19 | 34.3 bp −$343 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 1 min ago | 2.36 bp | 12.4 bp −$12 | 28.5 bp −$285 | 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 | −0.0708% | 4h | 148.59 | +0.007% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.56 | −0.015% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 148.59 | +0.007% | $7.7M | $2.6M | 20x | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.61 | +0.017% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.65 | +0.047% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.69 | +0.074% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.45 | −0.087% | $474K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.44 | −0.094% | $601K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.323% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.33 | −0.168% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.33 | −0.168% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.25 | −0.222% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.40 | −0.121% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.26 | −0.215% | $707K | $835K | 10x | as long as short |
| Nado ORCL-PERP | +0.0058% | 1h | 148.27 | −0.210% | $87K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.42 | −0.108% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0072% | 1h | 148.34 | −0.162% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.57 | −0.007% | $241K | $320K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.47 | −0.074% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.48 | −0.067% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0139% | 8h | 148.60 | +0.014% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0191% | 8h | 148.52 | −0.040% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0216% | 8h | 148.55 | −0.020% | $25.0M | $36.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0216% | 1h | 148.48 | −0.069% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0256% | 8h | 148.58 | long leg | $2.3M | $2.9M | 25x | |
| Bybit ORCLUSDT | +0.0436% | 8h | 148.54 | −0.027% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0452% | 8h | 148.53 | −0.034% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.48 | −0.067% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL