Funding you earn now, next payment 04:00 UTC+0.0689%/8h= +75.4% APRpaid last 24h +0.093%
Price spread now: Bybit against tradeXYZ+0.147%7-day average +0.113% · you sell dearer than you buy
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$440.441% of the position
Funding, last 7 days+0.143%+$14 on $10k
+Price spread, last 7 days−0.094%−$9 · spread now +0.147%, 7d avg +0.113%
=Together, before fees+0.049%+ Points / potential airdroptradeXYZ: Active · farm board+$5 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$21 a day on $10k at the current rate, and Bybit is 0.034% dearer against tradeXYZ than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.113%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.143% in total (about 7.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.68 | 0.0071 | pay 0.0009% / 1h | 33m 53s | $21.6M | $6.8M | 10x |
| Short | Bybit ORCLUSDT | 149.90 | 0.0760 | get 0.0760% / 8h | 4h 33m | $4.1M | $1.8M | 50x |
tradeXYZ xyz:ORCL
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against tradeXYZ. 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
- $144.68
- Price spread: +0.147% → +0.113%
- $3.39
- Slippage, 4 orders
- −$15.13
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $103.94
- Costs to cover
- 0.441%
- Break-even
- 2.0 days
Slippage from tradeXYZ: live order book, 5 min ago; Bybit: live order book, 4 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 tradeXYZ live order book, 5 min ago | 0.67 bp | 11.9 bp −$12 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.00 bp | 11.1 bp −$11 | 23.1 bp −$231 | 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 | −0.0373% | 4h | 149.69 | +0.006% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.62 | −0.043% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.05 | +0.247% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.127% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.79 | +0.073% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.79 | +0.073% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.414% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.66 | −0.013% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.79 | +0.073% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.73 | +0.033% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.79 | +0.073% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.047% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.85 | +0.114% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.62 | −0.042% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0071% | 1h | 149.68 | long leg | $21.6M | $6.8M | 10x | |
| QFEX ORCL-USD | +0.0080% | 1h | 149.78 | +0.067% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.75 | +0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.76 | +0.053% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0195% | 8h | 149.85 | +0.114% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0243% | 8h | 149.78 | +0.069% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0262% | 8h | 149.75 | +0.048% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.79 | +0.076% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0320% | 8h | 149.83 | +0.100% | $25.1M | $35.7M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0384% | 8h | 149.76 | +0.053% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0402% | 8h | 149.85 | +0.114% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.60 | −0.053% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDTshort | +0.0760% | 8h | 149.90 | +0.147% | $4.1M | $1.8M | 50x | |
| BloFin ORCL-USDT | +0.0774% | 8h | 149.93 | +0.167% | $47K | $43K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT