Funding you earn now, next payment 06:00 UTC−0.0232%/8h= −25.4% APRnext payment −$0.29 per $10,000 · paid last 24h +0.026%
Price spread now: Arcus against Extended−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 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and Arcus is 0.087% cheaper against Extended 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 | Extended ORCL_24_5-USD | 148.96 | 0.0272 | pay 0.0034% / 1h | 25m 17s | $386K | $1.6M | 10x |
| Short | Arcus ORCL-USD | 148.83 | 0.0040 | get 0.0005% / 1h | 25m 17s | $86K | $79K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against Extended. 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
- −$48.66
- Price spread: −0.087% → 0.000%
- −$8.67
- Slippage, 4 orders
- no order book: not counted
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$66.83
- Costs to cover
- 0.095%
- Break-even
- never at this rate
Slippage unknown: Extended: live order book, 3 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 Extended live order book, 3 min ago | 1.01 bp | 7.6 bp −$8 | 48.8 bp −$488 | 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 | −0.0588% | 4h | 148.82 | −0.091% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | +0.048% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.06 | +0.068% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.13 | +0.115% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.182% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.01 | +0.034% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.97 | +0.007% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.068% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USDshort | +0.0040% | 1h | 148.83 | −0.087% | $86K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.95 | −0.006% | — | $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 | 148.86 | −0.067% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.85 | −0.073% | $130K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.91 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.174% | $687K | $877K | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 148.79 | −0.112% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.93 | −0.020% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.073% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.90 | −0.040% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | +0.048% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | −0.046% | $1.2M | $416K | — | as long as short |
| Gate ORCL_USDT | +0.0260% | 8h | 149.02 | +0.041% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0260% | 8h | 148.99 | +0.021% | $240K | $287K | 20x | as long as short |
| Binance ORCLUSDT | +0.0269% | 8h | 149.01 | +0.033% | $25.0M | $35.9M | 20x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0272% | 1h | 148.96 | long leg | $386K | $1.6M | 10x | |
| OKX ORCL-USDT-SWAP | +0.0305% | 8h | 149.00 | +0.027% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 148.84 | −0.080% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0624% | 8h | 149.06 | +0.068% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0653% | 8h | 149.03 | +0.048% | $47K | $43K | 20x | as long as short |
Extended ORCL_24_5-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
KuCoin ORCLUSDTM
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT