Funding you earn now, next payment 06:00 UTC+0.0185%/8h= +20.2% APRpaid last 24h −0.053%
Price spread now: Variational Omni against Arcus+0.120%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
=Together, before fees—+ Points / potential airdropVariational Omni: Active · farm boardneeds both histories
Both sides work for this trade now. Funding pays +$6 a day on $10k at the current rate, and Variational Omni is 0.120% dearer against Arcus than usual: you sell high and buy low: +$12 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 | 149.51 | 0.0040 | pay 0.0005% / 1h | 47m 59s | $87K | $79K | 10x |
| Short | Variational Omni ORCL | 149.69 | 0.0225 | get 0.0225% / 8h | 2h 47m | $1.3M | $363K | — |
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
- $38.82
- Price spread: +0.120% → 0.000%
- $11.96
- 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
- $46.28
- Costs to cover
- 0.045%
- Break-even
- from the start
Slippage unknown: Arcus: no order-book sample; Variational Omni: RFQ quote, 1 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, 1 min ago | 3.04 bp | doesn't fit | 18.5 bp −$185 | 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 | −0.0874% | 4h | 149.70 | +0.124% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.60 | +0.057% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.64 | +0.087% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.79 | +0.187% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.080% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.020% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.55 | +0.027% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.301% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDlong | +0.0040% | 1h | 149.51 | long leg | $87K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.57 | +0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.39 | −0.080% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.50 | −0.007% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.55 | +0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.54 | +0.020% | $711K | $790K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.54 | +0.020% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.43 | −0.053% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.54 | +0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.54 | +0.020% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0185% | 8h | 149.64 | +0.090% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCLshort | +0.0225% | 8h | 149.69 | +0.120% | $1.3M | $363K | — | |
| Binance ORCLUSDT | +0.0302% | 8h | 149.52 | +0.009% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.49 | −0.014% | $388K | $1.6M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0313% | 8h | 149.64 | +0.087% | $261K | $278K | 20x | as long as short |
| Gate ORCL_USDT | +0.0323% | 8h | 149.58 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0341% | 8h | 149.55 | +0.027% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.67 | +0.107% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0665% | 8h | 149.58 | +0.047% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0665% | 8h | 149.72 | +0.140% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT