Funding you earn now, next payment 05:00 UTC+0.0225%/8h= +24.7% APRpaid last 24h −0.039%
Price spread now: BloFin against Phoenix+0.128%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.675%−$67 on $10k
+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 +$7 a day on $10k at the current rate, and BloFin is 0.128% dearer against Phoenix than usual: you sell high and buy low: +$13 more if the spread goes back to zero (this spread has no 7-day history yet). Mind the row above: over the last 7 days funding on this pair cost −0.675%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ORCL | 148.84 | 0.0428 | pay 0.0053% / 1h | 24m 38s | $152K | $75K | 10x |
| Short | BloFin ORCL-USDT | 149.03 | 0.0653 | get 0.0653% / 8h | 2h 24m | $47K | $43K | 20x |
Phoenix ORCL
BloFin ORCL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BloFin against Phoenix. 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
- $47.32
- Price spread: +0.128% → 0.000%
- $12.77
- Slippage, 4 orders
- no order book: not counted
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee BloFin: 6 bp × 2 orders
- −$12
- Net
- $41.09
- Costs to cover
- 0.190%
- Break-even
- 0.9 days
Slippage unknown: Phoenix: live order book, 16 min ago; BloFin: 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 Phoenix live order book, 16 min ago | 2.68 bp | 10.2 bp −$10 | 20.7 bp −$207 | doesn't fit | doesn't fit |
| Sell BloFin no order-book sample | — | — | — | — | — |
BloFin: 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 | −0.0588% | 4h | 148.82 | −0.011% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | +0.128% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.06 | +0.148% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.13 | +0.195% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.262% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.01 | +0.114% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.96 | +0.081% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.148% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.85 | +0.007% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.95 | +0.074% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
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 | 148.86 | +0.013% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.85 | +0.007% | $130K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.91 | +0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.88 | +0.027% | $687K | $878K | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 148.79 | −0.032% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.93 | +0.060% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | +0.007% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.90 | +0.040% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | +0.128% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | +0.034% | $1.2M | $416K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0259% | 8h | 149.03 | +0.128% | $240K | $287K | 20x | as long as short |
| Gate ORCL_USDT | +0.0260% | 8h | 149.03 | +0.128% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0268% | 8h | 148.98 | +0.094% | $25.0M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 148.96 | +0.078% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0305% | 8h | 148.99 | +0.101% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCLlong | +0.0428% | 1h | 148.84 | long leg | $152K | $75K | 10x | |
| Bybit ORCLUSDT | +0.0623% | 8h | 149.07 | +0.155% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDTshort | +0.0653% | 8h | 149.03 | +0.128% | $47K | $43K | 20x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT