Funding you earn now, next payment 08:00 UTC+0.0441%/8h= +48.3% APRnext payment +$4.41 per $10,000 · paid last 24h +0.085%
Price spread now: Bybit against Orderly+0.054%50s7-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
Both sides work for this trade now. Funding pays +$13 a day on $10k at the current rate, and Bybit is 0.054% dearer against Orderly than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.51 | 0.0100 | pay 0.0100% / 8h | 7h 00m | $190 | — | 10x |
| Short | Bybit ORCLUSDT | 149.59 | 0.0541 | get 0.0541% / 8h | 7h 00m | $3.5M | $1.4M | 50x |
Orderly PERP_ORCL_USDC_mythos
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $92.62
- Price spread: +0.054% → 0.000%
- $5.35
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $80.97
- Costs to cover
- 0.170%
- Break-even
- 0.9 days
Slippage unknown: Orderly: no order-book sample; Bybit: live order book, 2 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 Bybit live order book, 2 min ago | 1.67 bp | 11.7 bp −$12 | 38.6 bp −$386 | 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 | −0.0598% | 4h | 149.48 | −0.019% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.63 | +0.083% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.77 | +0.174% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.58 | +0.047% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.55 | +0.027% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.54 | +0.020% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.301% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.57 | +0.040% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | −0.047% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | −0.007% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.32 | −0.127% | $703K | $688K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.41 | −0.064% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.48 | −0.020% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0084% | 1h | 149.45 | −0.040% | $21.5M | $6.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | −0.074% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.51 | long leg | $190 | — | 10x | |
| Variational Omni ORCL | +0.0205% | 8h | 149.50 | −0.004% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.48 | −0.019% | $386K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0252% | 8h | 149.51 | 0.000% | $25.0M | $35.1M | 20x | as long as short |
| Gate ORCL_USDT | +0.0253% | 8h | 149.58 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0307% | 8h | 149.63 | +0.080% | $261K | $261K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0320% | 8h | 149.55 | +0.027% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0341% | 8h | 149.55 | +0.024% | $2K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0371% | 8h | 149.58 | +0.047% | $7.6M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.45 | −0.040% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0539% | 8h | 149.54 | +0.020% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0541% | 8h | 149.59 | +0.054% | $3.5M | $1.4M | 50x | |
| Phoenix ORCL | +0.0697% | 1h | 149.47 | −0.027% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Phoenix ORCL