Funding you earn now, next payment 23:00 UTC+0.0139%/8h= +15.2% APRpaid last 24h −0.008%
Price spread now: Bitget against Arcus+0.101%7-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
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Bitget is 0.101% dearer against Arcus than usual: you sell high and buy low: +$10 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ORCL-USD | 148.80 | 0.0152 | pay 0.0019% / 1h | 33m 30s | $78K | $86K | 10x |
| Short | Bitget ORCLUSDT | 148.95 | 0.0291 | get 0.0291% / 8h | 1h 33m | $7.4M | $4.6M | 20x |
Arcus ORCL-USD
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- $29.2
- Price spread: +0.101% → 0.000%
- $10.08
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- $22.78
- Costs to cover
- 0.165%
- Break-even
- 1.5 days
Slippage unknown: Arcus: no order-book sample; Bitget: live order book, 5 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 Bitget live order book, 5 min ago | 1.01 bp | 13.7 bp −$14 | 28.8 bp −$288 | doesn't fit | 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 | −0.0427% | 4h | 148.89 | +0.063% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.93 | +0.090% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.90 | +0.069% | $386K | $1.4M | 10x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.94 | +0.094% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.85 | +0.036% | $1.2M | $307K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.90 | +0.066% | $2K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.242% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.97 | +0.114% | $52K | $22K | 20x | as long as short |
| Binance ORCLUSDT | +0.0005% | 8h | 148.93 | +0.084% | $24.8M | $35.7M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.94 | +0.094% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Binance ORCLUSDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.89 | +0.060% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.175% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.86 | +0.040% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.80 | 0.000% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.80 | 0.000% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.90 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.067% | $708K | $692K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.85 | +0.034% | $1.1M | $2.8M | 10x | as long as short |
| Nado ORCL-PERP | +0.0094% | 1h | 148.76 | −0.029% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.93 | +0.087% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.87 | +0.047% | $189 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0122% | 8h | 148.99 | +0.128% | $258K | $217K | 20x | as long as short |
| Arcus ORCL-USDlong | +0.0152% | 1h | 148.80 | long leg | $78K | $86K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0191% | 8h | 148.92 | +0.081% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDTshort | +0.0291% | 8h | 148.95 | +0.101% | $7.4M | $4.6M | 20x | |
| BloFin ORCL-USDT | +0.0458% | 8h | 149.01 | +0.141% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0469% | 8h | 148.95 | +0.101% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.85 | +0.034% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL