Funding you earn now, next payment 09:00 UTC+0.0137%/8h= +15.0% APRpaid last 24h −0.035%
Price spread now: Variational Omni against Arcus+0.078%50s7-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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and Variational Omni is 0.078% dearer against Arcus than usual: you sell high and buy low: +$8 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 50 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 | 148.87 | 0.0040 | pay 0.0005% / 1h | 50m 50s | $86K | $79K | 10x |
| Short | Variational Omni ORCL | 148.99 | 0.0177 | get 0.0177% / 8h | 7h 50m | $1.2M | $428K | — |
Arcus ORCL-USD
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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
- $28.71
- Price spread: +0.078% → 0.000%
- $7.75
- Slippage, 4 orders
- no order book: not counted
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- $31.97
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Variational Omni: RFQ quote, 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 Variational Omni RFQ quote, 3 min ago | 3.76 bp | doesn't fit | 20.8 bp −$208 | 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 | −0.0238% | 4h | 148.97 | +0.068% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.07 | +0.137% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.00 | +0.087% | $7.7M | $2.7M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.95 | +0.056% | $1K | $153K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.242% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.10 | +0.154% | $52K | $25K | 20x | as long as short |
| Nado ORCL-PERP | +0.0002% | 1h | 148.82 | −0.035% | $88K | $22K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.96 | +0.060% | $476K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.93 | +0.040% | $622K | $296K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.128% | $20K | $9K | 12x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus ORCL-USDlong | +0.0040% | 1h | 148.87 | long leg | $86K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.99 | +0.081% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.81 | −0.040% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.78 | −0.060% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.93 | +0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.76 | −0.074% | $709K | $871K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.95 | +0.054% | $1.1M | $2.0M | 10x | as long as short |
| Gate ORCL_USDT | +0.0082% | 8h | 149.06 | +0.128% | $2.3M | $2.8M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.04 | +0.114% | $241K | $295K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.81 | −0.040% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.96 | +0.060% | $189 | — | 10x | as long as short |
| Variational Omni ORCLshort | +0.0177% | 8h | 148.99 | +0.078% | $1.2M | $428K | — | |
| OKX ORCL-USDT-SWAP | +0.0208% | 8h | 149.01 | +0.094% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 148.95 | +0.055% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 148.97 | +0.068% | $25.1M | $36.4M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0371% | 8h | 149.08 | +0.141% | $47K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0423% | 8h | 148.98 | +0.074% | $4.1M | $1.9M | 50x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.86 | −0.007% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL