Funding you earn now, next payment 02:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.090%
Price spread now: Aster against Arcus−0.048%46s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Aster is 0.048% cheaper against Arcus than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 46 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 | Arcus ORCL-USD | 149.28 | 0.0040 | pay 0.0005% / 1h | 24m 58s | $86K | $80K | 10x |
| Short | Aster ORCLUSDT | 149.21 | 0 | get 0.0000% / 8h | 6h 24m | $93K | $16K | 20x |
Arcus ORCL-USD
Aster ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Aster against Arcus. 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
- −$8.46
- Price spread: −0.048% → 0.000%
- −$4.8
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Aster: 4 bp × 2 orders
- −$8
- Net
- −$25.76
- Costs to cover
- 0.125%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Aster: 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Aster no order-book sample | — | — | — | — | — |
Arcus and Aster: 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 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 | −0.0499% | 4h | 149.41 | +0.087% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDTshort | 0.0000% | 8h | 149.21 | −0.048% | $93K | $16K | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.214% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.44 | +0.107% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.39 | +0.074% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.31 | +0.020% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.147% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDlong | +0.0040% | 1h | 149.28 | long leg | $86K | $80K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.30 | +0.013% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.26 | −0.013% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
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 | 149.34 | +0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.087% | $712K | $681K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 149.19 | −0.060% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.30 | +0.013% | $1.1M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0077% | 1h | 149.22 | −0.040% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.23 | −0.033% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | +0.040% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0128% | 8h | 149.43 | +0.100% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0145% | 8h | 149.40 | +0.080% | $2K | $180K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 149.44 | +0.107% | $1.3M | $363K | — | as long as short |
| Bitget ORCLUSDT | +0.0196% | 8h | 149.46 | +0.121% | $7.6M | $4.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 149.33 | +0.033% | $387K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0242% | 8h | 149.37 | +0.060% | $24.9M | $35.4M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0308% | 8h | 149.43 | +0.100% | $260K | $262K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0333% | 8h | 149.38 | +0.067% | $4.9M | $5.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0483% | 8h | 149.40 | +0.080% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.29 | +0.007% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Bitget ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL