Funding you earn now, next payment 04:00 UTC+0.0024%/8h= +2.6% APRnext payment +$0.03 per $10,000 · paid last 24h −0.069%
Price spread now: tradeXYZ against Arcus+0.020%7-day average — · you sell dearer than you buy
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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and tradeXYZ is 0.020% dearer against Arcus than usual: you sell high and buy low: +$2 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 | 149.63 | 0.0040 | pay 0.0005% / 1h | 35m 46s | $87K | $79K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.66 | 0.0064 | get 0.0008% / 1h | 35m 46s | $21.6M | $6.8M | 10x |
Arcus ORCL-USD
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $5.05
- Price spread: +0.020% → 0.000%
- $2
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$15.44
- Costs to cover
- 0.225%
- Break-even
- 28.4 days
Slippage unknown: Arcus: no order-book sample; tradeXYZ: live order book, 3 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 tradeXYZ live order book, 3 min ago | 0.67 bp | 12.1 bp −$12 | 14.7 bp −$147 | 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 | −0.0176% | 4h | 149.69 | +0.041% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | −0.024% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.00 | +0.247% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.79 | +0.107% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.047% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.75 | +0.080% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.381% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDlong | +0.0040% | 1h | 149.63 | long leg | $87K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | +0.067% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.66 | +0.020% | $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
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.75 | +0.080% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.013% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.82 | +0.127% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.60 | −0.023% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0064% | 1h | 149.66 | +0.020% | $21.6M | $6.8M | 10x | |
| QFEX ORCL-USD | +0.0080% | 1h | 149.72 | +0.060% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.72 | +0.060% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.72 | +0.060% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0186% | 8h | 149.79 | +0.107% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0243% | 8h | 149.78 | +0.103% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.75 | +0.079% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.76 | +0.087% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0317% | 8h | 149.79 | +0.109% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0384% | 8h | 149.75 | +0.080% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0401% | 8h | 149.80 | +0.114% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.67 | +0.027% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0718% | 8h | 149.87 | +0.160% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0757% | 8h | 149.88 | +0.167% | $4.1M | $1.8M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT