Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRnext payment +$0.43 per $10,000 · paid last 24h −0.029%
Price spread now: OKX against Gate−0.040%7-day average −0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$77as in the Funding arb table
Net, price: spread back to 7d avg − costs−$63as in the Price arb table
costs, in and out, $10k−$620.622% of the position
Funding, last 7 days−0.147%−$15 on $10k
+Price spread, last 7 days+0.048%+$5 · spread now −0.040%, 7d avg −0.032%
=The price spread sits at its 7-day average of −0.032%, so right now this pair is about funding alone: +$1 a day on $10k at the current rate. Mind the row above: over the last 7 days funding on this pair cost −0.147%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 148.94 | 0.0263 | pay 0.0263% / 8h | 2h 26m | $2.3M | $3.0M | 25x |
| Short | OKX ORCL-USDT-SWAP | 148.88 | 0.0306 | get 0.0306% / 8h | 2h 26m | $4.9M | $6.0M | 20x |
Gate ORCL_USDT
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $9.08
- Price spread: −0.040% → −0.032%
- −$0.85
- Slippage, 4 orders
- −$37.21
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$53.98
- Costs to cover
- 0.622%
- Break-even
- 48.6 days
Slippage from Gate: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 4.36 bp | 21.0 bp −$21 | 31.6 bp −$316 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 0.67 bp | 11.4 bp −$11 | 21.8 bp −$218 | 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 | −0.0262% | 4h | 149.03 | +0.059% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | +0.060% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.98 | +0.027% | $7.6M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.12 | +0.121% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.195% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.90 | −0.027% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.90 | −0.027% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.081% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.83 | −0.074% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.93 | −0.007% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.79 | −0.101% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.84 | −0.067% | $130K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.85 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.161% | $687K | $877K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.88 | −0.040% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 148.79 | −0.100% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.97 | +0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.84 | −0.067% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | +0.060% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | −0.033% | $1.2M | $416K | — | as long as short |
| Gate ORCL_USDTlong | +0.0263% | 8h | 148.94 | long leg | $2.3M | $3.0M | 25x | |
| KuCoin ORCLUSDTM | +0.0263% | 8h | 148.95 | +0.007% | $240K | $287K | 20x | as long as short |
| Binance ORCLUSDT | +0.0270% | 8h | 148.91 | −0.023% | $25.0M | $35.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 148.85 | −0.058% | $386K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0306% | 8h | 148.88 | −0.040% | $4.9M | $6.0M | 20x | |
| Phoenix ORCL | +0.0428% | 1h | 148.79 | −0.101% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0625% | 8h | 148.97 | +0.020% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0636% | 8h | 148.95 | +0.007% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT