Funding you earn now, next payment 06:00 UTC−0.0277%/8h= −30.3% APRpaid last 24h −0.022%
Price spread now: Injective against KuCoin−0.348%85s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.112%−$11 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and Injective is 0.348% cheaper against KuCoin than usual: you would sell low and buy high (−$35 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 85 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.112% in total (about -5.9% 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 | KuCoin ORCLUSDTM | 149.58 | 0.0310 | pay 0.0310% / 8h | 2h 45m | $261K | $279K | 20x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 45m 56s | $20K | $12K | 12x |
KuCoin ORCLUSDTM
Injective ORCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$58.1
- Price spread: −0.348% → 0.000%
- −$34.76
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$104.88
- Costs to cover
- 0.120%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; Injective: 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 KuCoin live order book, 11 min ago | 10.67 bp | 153.2 bp −$153 | doesn't fit | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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 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 | −0.0757% | 4h | 149.53 | −0.036% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | −0.009% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.54 | −0.027% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.047% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.033% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | −0.053% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.42 | −0.107% | $623K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.348% | $20K | $12K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.43 | −0.100% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.51 | −0.047% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
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 | 149.30 | −0.187% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.37 | −0.140% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.43 | −0.100% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.30 | −0.187% | $709K | $789K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.45 | −0.087% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.35 | −0.154% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.54 | −0.027% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.38 | −0.134% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0185% | 8h | 149.64 | +0.043% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0224% | 8h | 149.40 | −0.121% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0301% | 8h | 149.44 | −0.091% | $25.0M | $35.7M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.41 | −0.114% | $388K | $1.5M | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0310% | 8h | 149.58 | long leg | $261K | $279K | 20x | |
| Gate ORCL_USDT | +0.0322% | 8h | 149.51 | −0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0337% | 8h | 149.45 | −0.087% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.44 | −0.094% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0664% | 8h | 149.51 | −0.047% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0681% | 8h | 149.65 | +0.047% | $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
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT