Funding you earn now, next payment 02:00 UTC+0.0163%/8h= +17.9% APRnext payment +$0.20 per $10,000 · paid last 24h +0.036%
Price spread now: Extended against tradeXYZ+0.037%7-day average +0.095% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$390.393% of the position
Funding, last 7 days+0.048%+$5 on $10k
+Price spread, last 7 days−0.078%−$8 · spread now +0.037%, 7d avg +0.095%
=Together, before fees−0.031%+ Points / potential airdroptradeXYZ: Active · Extended: Active · farm board−$3 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.058% cheaper against tradeXYZ than usual: you would sell low and buy high (spread +0.037% now, against its 7-day average of +0.095%). If the spread goes back, that is −$6 on $10k: about 28 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.048% in total) that is about 8.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.21 | 0.0093 | pay 0.0012% / 1h | 14m 21s | $21.5M | $6.7M | 10x |
| Short | Extended ORCL_24_5-USD | 149.26 | 0.0256 | get 0.0032% / 1h | 14m 21s | $387K | $1.3M | 10x |
tradeXYZ xyz:ORCL
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $34.24
- Price spread: +0.037% → +0.095%
- −$5.8
- Slippage, 4 orders
- −$16.34
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- −$10.9
- Costs to cover
- 0.393%
- Break-even
- 9.2 days
Slippage from tradeXYZ: live order book, 5 min ago; Extended: 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 | 1.00 bp | 12.0 bp −$12 | 17.1 bp −$171 | doesn't fit | doesn't fit |
| Sell Extended live order book, 4 min ago | 1.00 bp | 7.6 bp −$8 | 47.3 bp −$473 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0864% | 4h | 149.33 | +0.083% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | −0.013% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.201% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.134% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.42 | +0.141% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | +0.080% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.101% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.23 | +0.013% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | +0.060% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.21 | 0.000% | $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 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.31 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.13 | −0.054% | $711K | $690K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.25 | +0.027% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.16 | −0.034% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0093% | 1h | 149.21 | long leg | $21.5M | $6.7M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | +0.027% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.30 | +0.060% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0129% | 8h | 149.34 | +0.087% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0167% | 8h | 149.40 | +0.127% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.28 | +0.045% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0204% | 8h | 149.39 | +0.119% | $2K | $180K | 10x | as long as short |
| Binance ORCLUSDT | +0.0256% | 8h | 149.31 | +0.068% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0256% | 1h | 149.26 | +0.037% | $387K | $1.3M | 10x | |
| KuCoin ORCLUSDTM | +0.0315% | 8h | 149.46 | +0.168% | $261K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.34 | +0.087% | $4.9M | $5.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0531% | 8h | 149.38 | +0.114% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.34 | +0.087% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL