Funding you earn now, next payment 23:00 UTC−0.0322%/8h= −35.2% APRpaid last 24h −0.002%
Price spread now: Arcus against Bybit−0.087%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$10 a day on $10k at the current rate, and Arcus is 0.087% cheaper against Bybit than usual: you would sell low and buy high (−$9 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 | Bybit ORCLUSDT | 148.88 | 0.0474 | pay 0.0474% / 8h | 1h 25m | $3.5M | $1.6M | 50x |
| Short | Arcus ORCL-USD | 148.75 | 0.0152 | get 0.0019% / 1h | 25m 15s | $86K | $90K | 10x |
Bybit ORCLUSDT
Arcus ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Bybit. 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
- −$67.57
- Price spread: −0.087% → 0.000%
- −$8.73
- Slippage, 4 orders
- no order book: not counted
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$91.8
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 2 min ago; Arcus: 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 Bybit live order book, 2 min ago | 1.68 bp | 14.4 bp −$14 | 22.2 bp −$222 | doesn't fit | doesn't fit |
| Sell Arcus no order-book sample | — | — | — | — | — |
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 | −0.0872% | 4h | 148.91 | +0.019% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.94 | +0.038% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.91 | +0.020% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.85 | −0.023% | $1.3M | $316K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.97 | +0.060% | $1K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.04 | +0.107% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.03 | +0.101% | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0016% | 1h | 148.81 | −0.049% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0019% | 8h | 148.83 | −0.035% | $24.8M | $35.7M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.97 | +0.060% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Extended ORCL_24_5-USD
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 | 148.85 | −0.020% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.121% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.81 | −0.047% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.76 | −0.081% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.77 | −0.074% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.86 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.68 | −0.134% | $708K | $691K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.85 | −0.020% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.020% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.85 | −0.020% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0113% | 1h | 148.73 | −0.100% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0134% | 8h | 148.97 | +0.060% | $259K | $221K | 20x | as long as short |
| Arcus ORCL-USDshort | +0.0152% | 1h | 148.75 | −0.087% | $86K | $90K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 148.85 | −0.020% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0297% | 8h | 148.87 | −0.007% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0474% | 8h | 148.88 | long leg | $3.5M | $1.6M | 50x | |
| BloFin ORCL-USDT | +0.0497% | 8h | 148.92 | +0.027% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.88 | 0.000% | $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
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL