Funding you earn now, next payment 01:00 UTC−0.0264%/8h= −28.9% APRpaid last 24h −0.022%
Price spread now: Binance against Arcus+0.016%46s7-day average — · you sell dearer than you buy
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
=Together, before fees—needs both histories
The price spread sits at zero (this spread has no 7-day history yet), so right now this pair is about funding alone: −$8 a day on $10k at the current rate. 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 | 149.27 | 0.0467 | pay 0.0058% / 1h | 37m 47s | $86K | $80K | 10x |
| Short | Binance ORCLUSDT | 149.29 | 0.0204 | get 0.0204% / 8h | 7h 37m | $25.1M | $35.1M | 20x |
Arcus ORCL-USD
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance 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
- −$55.4
- Price spread: +0.016% → 0.000%
- $1.57
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$68.34
- Costs to cover
- 0.145%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Binance: live order book, 4 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 Arcus no order-book sample | — | — | — | — | — |
| Sell Binance live order book, 4 min ago | 0.34 bp | 7.9 bp −$8 | 13.7 bp −$137 | 77.4 bp −$7,738 | doesn't fit |
Arcus: 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 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 | −0.0241% | 4h | 149.36 | +0.058% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | +0.078% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.167% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.38 | +0.074% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.34 | +0.047% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.30 | +0.020% | $621K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.141% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.28 | +0.007% | — | $95K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.18 | −0.060% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.28 | +0.007% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.080% | $702K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.21 | −0.040% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.26 | −0.007% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.20 | −0.047% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.27 | 0.000% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0125% | 8h | 149.35 | +0.054% | $2.3M | $2.9M | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0134% | 1h | 149.22 | −0.033% | $21.5M | $6.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0153% | 8h | 149.36 | +0.062% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.24 | −0.020% | $388K | $1.8M | 10x | as long as short |
| Binance ORCLUSDTshort | +0.0204% | 8h | 149.29 | +0.016% | $25.1M | $35.1M | 20x | |
| GRVT ORCL_USDT_Perp | +0.0251% | 8h | 149.41 | +0.095% | $1K | $185K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0298% | 8h | 149.40 | +0.087% | $260K | $253K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0324% | 8h | 149.34 | +0.047% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0403% | 8h | 149.37 | +0.067% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USDlong | +0.0467% | 1h | 149.27 | long leg | $86K | $80K | 10x | |
| Bybit ORCLUSDT | +0.0536% | 8h | 149.36 | +0.060% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0555% | 8h | 149.44 | +0.114% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.29 | +0.013% | $151K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
tradeXYZ xyz:ORCL
Variational Omni ORCL
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL