Funding you earn now, next payment 04:00 UTC−0.0711%/8h= −77.9% APRpaid last 24h −0.024%
Price spread now: Arcus against Bybit−0.200%7-day average — · you buy dearer than you sell
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—needs both histories
Both sides work against this trade now: funding costs −$21 a day on $10k at the current rate, and Arcus is 0.200% cheaper against Bybit than usual: you would sell low and buy high (−$20 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 | 149.91 | 0.0752 | pay 0.0752% / 8h | 4h 36m | $4.1M | $1.8M | 50x |
| Short | Arcus ORCL-USD | 149.61 | 0.0040 | get 0.0005% / 1h | 36m 25s | $87K | $79K | 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
- −$149.39
- Price spread: −0.200% → 0.000%
- −$20.01
- 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
- −$184.91
- Costs to cover
- 0.155%
- Break-even
- never at this rate
Slippage unknown: Bybit: live order book, 1 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, 1 min ago | 1.00 bp | 9.0 bp −$9 | 17.6 bp −$176 | 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 | −0.0176% | 4h | 149.69 | −0.146% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | −0.216% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.96 | +0.033% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.79 | −0.080% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.140% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.74 | −0.113% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.567% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDshort | +0.0040% | 1h | 149.61 | −0.200% | $87K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | −0.120% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.66 | −0.167% | $131K | $90K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.71 | −0.133% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.52 | −0.260% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.83 | −0.053% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.60 | −0.210% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0062% | 1h | 149.64 | −0.180% | $21.6M | $6.8M | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.72 | −0.127% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.72 | −0.127% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.72 | −0.127% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0186% | 8h | 149.78 | −0.087% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0240% | 8h | 149.72 | −0.129% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.75 | −0.108% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.71 | −0.132% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0315% | 8h | 149.77 | −0.091% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0383% | 8h | 149.75 | −0.107% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0401% | 8h | 149.80 | −0.073% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.67 | −0.160% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0718% | 8h | 149.87 | −0.027% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDTlong | +0.0752% | 8h | 149.91 | long leg | $4.1M | $1.8M | 50x |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT