Funding you earn now, next payment 00:00 UTC+0.0423%/8hnext payment +$4.23 per $10,000 · paid last 24h +0.041%
Price spread now: Bitget against KuCoin−0.054%7-day average +0.042% · you buy dearer than you sell
Net, funding: paid 7d − costs−$136as in the Funding arb table
Net, price: spread back to 7d avg − costs−$141as in the Price arb table
costs, in and out, $10k−$1321.315% of the position
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.088%+$9 · spread now −0.054%, 7d avg +0.042%
=Funding pays, the price is against you. Bitget is 0.095% cheaper against KuCoin than usual: you would sell low and buy high (spread −0.054% now, against its 7-day average of +0.042%). If the spread goes back, that is −$10 on $10k: about 18 hours of funding at the current rate (+$13 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.23 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 | KuCoin ORCLUSDTM | 148.69 | 0.0128 | pay 0.0128% / 8h | 4h 22m | $257K | $156K | 20x |
| Short | Bitget ORCLUSDT | 148.61 | 0.0551 | get 0.0551% / 8h | 4h 22m | $7.5M | $4.9M | 20x |
KuCoin ORCLUSDTM
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against KuCoin. 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
- $88.83
- Price spread: −0.054% → +0.042%
- −$9.54
- Slippage, 4 orders
- −$107.52
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$52.23
- Costs to cover
- 1.315%
- Break-even
- 11.1 days
Slippage from KuCoin: live order book, 1 min ago; Bitget: live order book, 9 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 KuCoin live order book, 1 min ago | 10.75 bp | 62.1 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 9 min ago | 2.02 bp | 11.1 bp −$11 | 22.7 bp −$227 | 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 | −0.0764% | 4h | 148.56 | −0.087% | $29K | $213K | 10x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.56 | −0.087% | $2.2M | $3.0M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.83 | +0.094% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.70 | +0.007% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.60 | −0.061% | $471K | $52K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.57 | −0.081% | $621K | $475K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.249% | $20K | $45K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.61 | −0.054% | — | $127K | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0049% | 8h | 148.63 | −0.041% | $2K | $197K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.44 | −0.168% | $21.6M | $8.7M | 10x | as long as short |
edgeX ORCLUSDC
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.53 | −0.108% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.55 | −0.094% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.51 | −0.121% | $735K | $632K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.64 | −0.034% | $1.1M | $2.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0093% | 8h | 148.50 | −0.128% | $1.3M | $269K | — | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.56 | −0.087% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.49 | −0.135% | $189 | — | 10x | as long as short |
| Aster ORCLUSDT | +0.0104% | 8h | 148.70 | +0.008% | $93K | $16K | 20x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0128% | 8h | 148.69 | long leg | $257K | $156K | 20x | |
| Nado ORCL-PERP | +0.0147% | 1h | 148.52 | −0.115% | $93K | $19K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 148.55 | −0.093% | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0203% | 8h | 148.60 | −0.064% | $24.7M | $35.5M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0272% | 8h | 148.55 | −0.094% | $4.7M | $5.5M | 20x | as long as short |
| Arcus ORCL-USD | +0.0304% | 1h | 148.45 | −0.161% | $78K | $81K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0498% | 8h | 148.65 | −0.027% | $3.4M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0527% | 8h | 148.65 | −0.027% | $47K | $52K | 20x | as long as short |
| Phoenix ORCL | +0.0539% | 1h | 148.50 | −0.128% | $149K | $101K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0551% | 8h | 148.61 | −0.054% | $7.5M | $4.9M | 20x |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Variational Omni ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Aster ORCLUSDT
Nado ORCL-PERP
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL