Funding you earn now, next payment 00:00 UTC+0.0075%/8h= +8.2% APRnext payment +$0.75 per $10,000 · paid last 24h +0.023%
Price spread now: Bitget against OKX−0.013%7-day average +0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$41as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$440.440% of the position
Funding, last 7 days+0.031%+$3 on $10k
+Price spread, last 7 days+0.043%+$4 · spread now −0.013%, 7d avg +0.037%
=Funding pays, the price is against you. Bitget is 0.050% cheaper against OKX than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.037%). If the spread goes back, that is −$5 on $10k: about 2.3 days of funding at the current rate (+$2 a day). At the pace of the last 7 days (+0.031% in total) that is about 12 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.11 | 0.0264 | pay 0.0264% / 8h | 43m 44s | $4.7M | $5.7M | 20x |
| Short | Bitget ORCLUSDT | 149.09 | 0.0339 | get 0.0339% / 8h | 43m 44s | $7.4M | $4.7M | 20x |
OKX ORCL-USDT-SWAP
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against OKX. 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
- $15.66
- Price spread: −0.013% → +0.037%
- −$5.05
- Slippage, 4 orders
- −$22.04
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$33.42
- Costs to cover
- 0.440%
- Break-even
- 21.9 days
Slippage from OKX: live order book, 4 min ago; Bitget: live order book, 5 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 OKX live order book, 4 min ago | 0.67 bp | 12.0 bp −$12 | 21.9 bp −$219 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 5 min ago | 2.35 bp | 11.9 bp −$12 | 23.8 bp −$238 | 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 | −0.0282% | 4h | 149.01 | −0.066% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.048% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | 0.000% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.28 | +0.114% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.07 | −0.027% | $52K | $22K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0013% | 8h | 149.02 | −0.061% | $2K | $198K | 10x | as long as short |
| Variational Omni ORCL | +0.0014% | 8h | 149.03 | −0.053% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | −0.013% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.034% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.94 | −0.114% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.96 | −0.101% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.07 | −0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.194% | $708K | $693K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.03 | −0.054% | $1.1M | $2.9M | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0072% | 1h | 149.06 | −0.031% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0075% | 8h | 149.09 | −0.013% | $24.9M | $35.6M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.88 | −0.154% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.03 | −0.054% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0166% | 1h | 148.92 | −0.127% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0176% | 1h | 149.04 | −0.047% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0177% | 1h | 148.85 | −0.173% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0186% | 8h | 149.14 | +0.020% | $258K | $235K | 20x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0264% | 8h | 149.11 | long leg | $4.7M | $5.7M | 20x | |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.101% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0339% | 8h | 149.09 | −0.013% | $7.4M | $4.7M | 20x | |
| Bybit ORCLUSDT | +0.0515% | 8h | 149.10 | −0.007% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0530% | 8h | 149.04 | −0.047% | $2K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.90 | −0.141% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Extended ORCL_24_5-USD
Binance ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Lighter RH ORCL
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL