Funding you earn now, next payment 11:00 UTC−0.0331%/8h= −36.3% APRnext payment −$0.41 per $10,000 · paid last 24h −0.072%
Price spread now: Nado against Arcus−0.027%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 −$10 a day on $10k at the current rate, and Nado is 0.027% cheaper against Arcus than usual: you would sell low and buy high (−$3 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Arcus ORCL-USD | 149.41 | 0.0445 | pay 0.0056% / 1h | 54m 57s | $87K | $71K | 10x |
| Short | Nado ORCL-PERP | 149.37 | 0.0114 | get 0.0014% / 1h | 54m 57s | $88K | $22K | 10x |
Arcus ORCL-USD
Nado ORCL-PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Nado 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
- −$69.55
- Price spread: −0.027% → 0.000%
- −$2.74
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Nado: 3.5 bp × 2 orders
- −$7
- Net
- −$83.79
- Costs to cover
- 0.115%
- Break-even
- never at this rate
Slippage unknown: Arcus: no order-book sample; Nado: 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 Nado no order-book sample | — | — | — | — | — |
Arcus and Nado: 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 exchanges
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 | −0.0894% | 4h | 149.32 | −0.061% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | +0.060% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.62 | +0.141% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.75 | +0.228% | $2K | $2.4M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | +0.060% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.234% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.50 | +0.060% | — | $43K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | +0.020% | $131K | $69K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.22 | −0.127% | $698K | $826K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX ORCL-USD | +0.0079% | 1h | 149.49 | +0.054% | $1.1M | $2.0M | 10x | as long as short |
| HTX ORCL-USDT | +0.0099% | 8h | 149.42 | +0.007% | $52K | $24K | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.51 | +0.067% | $243K | $427K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.45 | +0.027% | $22K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.47 | +0.040% | $190 | — | 10x | as long as short |
| Nado ORCL-PERPshort | +0.0114% | 1h | 149.37 | −0.027% | $88K | $22K | 10x | |
| Lighter RH ORCL | +0.0232% | 1h | 149.53 | +0.080% | $614K | $286K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0233% | 8h | 149.52 | +0.074% | $5.0M | $6.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0254% | 8h | 149.38 | −0.019% | $1.2M | $399K | — | as long as short |
| tradeXYZ xyz:ORCL | +0.0327% | 1h | 149.43 | +0.013% | $21.9M | $6.8M | 10x | as long as short |
| Binance ORCLUSDT | +0.0351% | 8h | 149.52 | +0.074% | $25.3M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0352% | 1h | 149.48 | +0.047% | $390K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0376% | 8h | 149.63 | +0.147% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USDlong | +0.0445% | 1h | 149.41 | long leg | $87K | $71K | 10x | |
| GRVT ORCL_USDT_Perp | +0.0535% | 8h | 149.42 | +0.006% | $1K | $138K | 10x | as long as short |
| Phoenix ORCL | +0.0589% | 1h | 149.38 | −0.020% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0694% | 8h | 149.58 | +0.114% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0695% | 8h | 149.58 | +0.114% | $4.2M | $1.8M | 50x | as long as short |
QFEX ORCL-USD
HTX ORCL-USDT
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
tradeXYZ xyz:ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT