Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h +0.081%
Price spread now: Bitget against Orderly+0.080%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
The price spread pays, funding is against you. Bitget is 0.080% dearer against Orderly than usual: you sell high and buy low (spread +0.080% now, against zero (this spread has no 7-day history yet)): +$8 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.54 | 0.0100 | pay 0.0100% / 8h | 2h 49m | $190 | — | 10x |
| Short | Bitget ORCLUSDT | 149.66 | 0 | get 0.0000% / 8h | 2h 49m | $7.7M | $3.8M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against Orderly. 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
- −$21
- Price spread: +0.080% → 0.000%
- $8.02
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$30.98
- Costs to cover
- 0.180%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Bitget: live order book, 3 min ago. 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Bitget live order book, 3 min ago | 1.67 bp | 11.0 bp −$11 | 27.1 bp −$271 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0874% | 4h | 149.70 | +0.104% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.62 | +0.052% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.66 | +0.080% | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.83 | +0.194% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.187% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.60 | +0.040% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.56 | +0.013% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.321% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | +0.040% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.66 | +0.080% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.42 | −0.080% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.52 | −0.013% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.57 | +0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.54 | 0.000% | $711K | $790K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.63 | +0.060% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0074% | 1h | 149.44 | −0.067% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.75 | +0.140% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.54 | long leg | $190 | — | 10x | |
| GRVT ORCL_USDT_Perp | +0.0184% | 8h | 149.71 | +0.114% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0225% | 8h | 149.69 | +0.100% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0304% | 8h | 149.56 | +0.013% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.53 | −0.007% | $388K | $1.6M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0315% | 8h | 149.66 | +0.080% | $261K | $278K | 20x | as long as short |
| Gate ORCL_USDT | +0.0324% | 8h | 149.65 | +0.074% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0341% | 8h | 149.59 | +0.033% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.67 | +0.087% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0665% | 8h | 149.62 | +0.053% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0667% | 8h | 149.80 | +0.174% | $47K | $43K | 20x | as long as short |
Bitget ORCLUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT