ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 05:00 UTC−0.0388%/8h= −42.4% APRnext payment −$0.48 per $10,000 · paid last 24h −0.064%

Price spread now: Arcus against Phoenix+0.034%7-day average — · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on Phoenix Short on Arcus

What this pair did over the last

the charts below follow

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—needs both histories

The price spread pays, funding is against you. Arcus is 0.034% dearer against Phoenix than usual: you sell high and buy low (spread +0.034% now, against zero (this spread has no 7-day history yet)): +$3 on $10k if it goes back. Holding the pair costs −$12 a day in funding at the current rate, which eats that in about 7 hours.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Phoenix ORCL	149.11	0.0428	pay 0.0053% / 1h	12m 47s	$152K	$75K	10x
Short	Arcus ORCL-USD	149.16	0.0040	get 0.0005% / 1h	12m 47s	$86K	$79K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Arcus against Phoenix. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee PhoenixbpFee ArcusbpOrdersPrice spread, now +0.034%Rate

Funding earned: −$81.38
Price spread: +0.034% → 0.000%: $3.35
Slippage, 4 orders: no order book: not counted
Fee Phoenix: 3.5 bp × 2 orders: −$7
Fee Arcus: 2.25 bp × 2 orders: −$4.5
Net: −$89.52
Costs to cover: 0.115%
Break-even: never at this rate

Slippage unknown: Phoenix: live order book, 28 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 Phoenix live order book, 28 min ago	2.68 bp	10.2 bp −$10	20.7 bp −$207	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	−0.0328%	4h	149.19	+0.054%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.24	+0.088%	$98K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.54	+0.288%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.70	+0.396%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.24	+0.087%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.47	+0.241%	$474K	$51K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.43	+0.215%	$623K	$323K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.034%	$20K	$12K	12x	as long as short
Arcus ORCL-USDshort	+0.0040%	1h	149.16	+0.034%	$86K	$79K	10x
Vest ORCL-USD-PERP	+0.0046%	1h	149.32	+0.141%	—	$67K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
tradeXYZ xyz:ORCL	+0.0050%	1h	149.37	+0.174%	$21.6M	$6.9M	10x	as long as short
Polymarket Perps ORCL-USD	+0.0050%	1h	149.34	+0.154%	$131K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.43	+0.215%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.02	−0.060%	$693K	$884K	10x	as long as short
Nado ORCL-PERP	+0.0054%	1h	149.26	+0.101%	$88K	$22K	10x	as long as short
QFEX ORCL-USD	+0.0058%	1h	149.37	+0.174%	$1.1M	$2.1M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.26	+0.101%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.35	+0.161%	$190	—	10x	as long as short
GRVT ORCL_USDT_Perp	+0.0154%	8h	149.23	+0.080%	$1K	$164K	10x	as long as short
Variational Omni ORCL	+0.0181%	8h	149.19	+0.054%	$1.2M	$423K	—	as long as short
KuCoin ORCLUSDTM	+0.0233%	8h	149.31	+0.134%	$240K	$285K	20x	as long as short
Gate ORCL_USDT	+0.0246%	8h	149.51	+0.268%	$2.3M	$3.0M	25x	as long as short
Extended ORCL_24_5-USD	+0.0272%	1h	149.45	+0.226%	$388K	$1.6M	10x	as long as short
Binance ORCLUSDT	+0.0274%	8h	149.52	+0.278%	$25.0M	$35.9M	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0300%	8h	149.50	+0.262%	$4.9M	$6.0M	20x	as long as short
Phoenix ORCLlong	+0.0428%	1h	149.11	long leg	$152K	$75K	10x
Bybit ORCLUSDT	+0.0625%	8h	149.58	+0.315%	$4.1M	$1.8M	50x	as long as short
BloFin ORCL-USDT	+0.0626%	8h	149.48	+0.248%	$47K	$43K	20x	as long as short