ORCL

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	PopdexORCLUSDT	140.63	+0.0048	pay 0.0006% / 1h	57m 06s	$359K	$143K	20x	Long Popdex
SHORT	ArcusORCL-USD	140.61	+0.0038	get 0.0005% / 1h	57m 06s	$147K	$104K	10x	Short Arcus5% off

Price gap−0.014%

Funding gap−0.0010% /8h

The gap pays +$7 on $10k if it goes back to its 7d average, but funding costs $0 a day and eats that in about 22 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$8−0.0010% /8h now · paid +0.078% over the last 7D

Price+$7spread −0.014% now, avg −0.080% → +0.066% if it goes back

Costs−$370.371% of $10k · taker + slippage, in and out

Result−$23−0.23%no pointsWhat the last 7D really paid, hour by hour → backtest

Price and funding

1h · history

Entry / Exit

Price spread

Prices

Fundingper 8h

ENTRY / EXIT · 7D

Entry now—

Entry average—

Best entry—

Exit now—

Exit average—

Best exit—

Exit free—

PRICE SPREAD · 7D

Now−0.014%

Average—

Range—

Wider than now—

FUNDING SPREAD · 7D

Average /8h—

Highest—

Lowest—

Paid you—

Where the spread has been, last 7D

share of time at each level

Funding on every exchange

/8h

ORCL on 30 exchanges

lowest funding first

Before you open

4 ok · 1 to watch

OK: Fits both order books7.2 / 12.4 bp
Entry at $10k a leg, taker fee + slippage. Closing costs about the same.
Note: Margin at max leverage$500 + $1,000
Popdex 20x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
OK: Same payment interval1h / 1h
Both legs pay at the same time.
Next 24h at the current rates, on $10k a leg: −$0.30Long Popdex: 24 payments, −$1.44; short Arcus: 24 payments, +$1.14.
OK: Entry gap works for you−0.014% vs −0.080%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Short leg is thinner$147K vs $359K OI
Arcus sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
OK: No KYC on either legPopdex No · Arcus No
Both exchanges let you trade without ID.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0038%/8h × 21 periods+$7.89

Price spread−0.014% → −0.080% (7d avg)+$6.60

Slippage, 4 orderslive order books−$26.16

Fee Popdex bp × 2 orders−$6.40

Fee Arcus bp × 2 orders−$4.50

Net · 7 days · $10k−$22.57

Costs to cover0.371%Break-even27.0 days

Slippage: Popdex: live order book, 62 min ago; Arcus: live order book, 62 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGPopdex2.497.2 bp−$729.4 bp−$294doesn’t fitdoesn’t fit

SELL · SHORTArcus1.4212.4 bp−$1214.6 bp−$146doesn’t fitdoesn’t fit

Closing costs about the same again.

ORCL news

posts that mention ORCL or Oracle, from every exchangeSearch all news →

09-29 19:30	Vest Markets	Other	Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital at: @VestExchange on X ↗
09-29 19:30	Vest Markets	Other	Heading into the close, $ORCL is up around 4.2% with the launch of Fusion Claw, which adds 25 agentic applications. The company also introduced a native NetApp storage service on its cloud, with a full rollout planned within 12 months. The move puts the shares on pace to snap a four-day losing streak that had taken them about 11% lower. @VestExchange on X ↗
09-28 17:30	Vest Markets	Other	Oracle's AI financing model is drawing fresh skepticism, with $ORCL down around 2.7% on the session. S&P lowered the credit rating to BBB-, the shares drew a Sell rating this morning, and five-year default swaps reached a record 227 basis points last week. The $18B of debt tied to Project Jupiter is quoted near 89 cents on the dollar, with about half of Oracle's $664B backlog tied to OpenAI. @VestExchange on X ↗
09-27 09:40	Kalshi	Other	JUST IN: Oracle reportedly gave Larry Ellison and co-CEOs nearly $1 billion in stock options that "had no value" by fiscal year-end @Kalshi on X ↗
09-25 03:59	Kalshi	Other	JUST IN: Oracle's "investment grade" bond closed at 8.10%, in line with B3/B- junk @Kalshi on X ↗
09-24 13:30	Vest Markets	Other	$ORCL is down around 5.4% into the open, with a reported force majeure notice to its New Mexico data center developer. The notice goes to developer Blue Owl on Project Jupiter, seeking to defer payments if the 1,400-acre campus behind Oracle's OpenAI capacity deal slips past 2028. Trade $ORCL volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗