Funding you earn now, next payment 05:00 UTC+0.0428%/8h= +46.8% APRpaid last 24h +0.155%
Price spread now: Phoenix against SunX−0.234%7-day average −0.221% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.923%+$92 on $10k
+Price spread, last 4 days (all we have)+0.016%+$2 · spread now −0.234%, 7d avg −0.221%
=The price spread sits at its 7-day average of −0.221%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ORCL-USDT | 149.71 | 0 | get 0.0000% / 8h | 2h 05m | $2K | $2.7M | 10x |
| Short | Phoenix ORCL | 149.36 | 0.0428 | get 0.0053% / 1h | 5m 01s | $153K | $75K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Phoenix against SunX. 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
- $89.83
- Price spread: −0.234% → −0.221%
- −$1.3
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Net
- $73.54
- Costs to cover
- 0.150%
- Break-even
- 1.3 days
Slippage unknown: SunX: live order book, 2 min ago; Phoenix: live order book, 36 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 SunX live order book, 2 min ago | 30.05 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Phoenix live order book, 36 min ago | 2.68 bp | 10.2 bp −$10 | 20.8 bp −$208 | 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 | −0.0885% | 4h | 149.45 | −0.172% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.35 | −0.239% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.50 | −0.140% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDTlong | 0.0000% | 8h | 149.71 | long leg | $2K | $2.7M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | −0.107% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.53 | −0.120% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | −0.180% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.434% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.37 | −0.227% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.54 | −0.114% | — | $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 | 149.33 | −0.254% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.40 | −0.207% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.46 | −0.167% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | −0.301% | $695K | $885K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.47 | −0.160% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0058% | 1h | 149.40 | −0.205% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.38 | −0.220% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.46 | −0.167% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0170% | 8h | 149.50 | −0.144% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0188% | 8h | 149.45 | −0.171% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0222% | 8h | 149.54 | −0.114% | $240K | $284K | 20x | as long as short |
| Gate ORCL_USDT | +0.0247% | 8h | 149.50 | −0.140% | $2.3M | $3.1M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.40 | −0.205% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0275% | 8h | 149.43 | −0.186% | $25.0M | $35.8M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0297% | 8h | 149.51 | −0.134% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCLshort | +0.0428% | 1h | 149.36 | −0.234% | $153K | $75K | 10x | |
| Bybit ORCLUSDT | +0.0625% | 8h | 149.51 | −0.134% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0626% | 8h | 149.49 | −0.147% | $47K | $44K | 20x | as long as short |
SunX ORCL-USDT
Phoenix ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
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
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT