Funding you earn now, next payment 07:00 UTC−0.0352%/8h= −38.6% APRpaid last 24h −0.180%
Price spread now: edgeX against tradeXYZ+0.091%86s7-day average +0.096% · you sell dearer than you buy
Net, funding: paid 7d − costs−$171as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$450.446% of the position
Funding, last 7 days−1.269%−$127 on $10k
+Price spread, last 4 days (all we have)+0.089%+$9 · spread now +0.091%, 7d avg +0.096%
=Together, before fees−1.180%+ Points / potential airdroptradeXYZ: Active · edgeX: Active · farm board−$118 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.096%, so right now this pair is about funding alone: −$11 a day on $10k at the current rate. The two prices were read 86 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 | tradeXYZ xyz:ORCL | 149.22 | 0.0050 | pay 0.0006% / 1h | 23m 56s | $21.6M | $6.9M | 10x |
| Short | edgeX ORCLUSDC | 149.36 | −0.0302 | pay 0.0151% / 4h | 1h 23m | $28K | $213K | 10x |
tradeXYZ xyz:ORCL
edgeX ORCLUSDCFunding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$73.96
- Price spread: +0.091% → +0.096%
- −$0.47
- Slippage, 4 orders
- −$17.59
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$119.02
- Costs to cover
- 0.446%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 5 min ago; edgeX: live order book, 18 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 | 0.34 bp | 11.5 bp −$11 | 17.6 bp −$176 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 18 min ago | 5.69 bp | 10.6 bp −$11 | 17.9 bp −$179 | 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 ORCLUSDCshort | −0.0302% | 4h | 149.36 | +0.091% | $28K | $213K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.23 | +0.005% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.48 | +0.174% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.58 | +0.241% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.127% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.44 | +0.147% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.37 | +0.101% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.107% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | +0.027% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | +0.121% | — | $67K | 25x | as long as short |
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:ORCLlong | +0.0050% | 1h | 149.22 | long leg | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.28 | +0.040% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.34 | +0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.040% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 149.24 | +0.011% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.35 | +0.087% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.24 | +0.013% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.33 | +0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0137% | 8h | 149.38 | +0.107% | $240K | $280K | 20x | as long as short |
| Variational Omni ORCL | +0.0161% | 8h | 149.32 | +0.066% | $1.2M | $423K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0161% | 8h | 149.36 | +0.095% | $1K | $162K | 10x | as long as short |
| Gate ORCL_USDT | +0.0218% | 8h | 149.43 | +0.141% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0240% | 8h | 149.47 | +0.168% | $4.9M | $6.1M | 20x | as long as short |
| Binance ORCLUSDT | +0.0254% | 8h | 149.39 | +0.113% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.34 | +0.082% | $391K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.43 | +0.141% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0570% | 8h | 149.40 | +0.121% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0574% | 8h | 149.38 | +0.107% | $47K | $44K | 20x | as long as short |
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
KuCoin ORCLUSDTM
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT