Funding you earn now, next payment 07:00 UTC−0.0010%/8h= −1.1% APRnext payment −$0.01 per $10,000 · paid last 24h +0.070%
Price spread now: Arcus against tradeXYZ+0.074%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
=The price spread pays, funding is against you. Arcus is 0.074% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.074% now, against zero (this spread has no 7-day history yet)): +$7 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 25 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.14 | 0.0050 | pay 0.0006% / 1h | 37m 40s | $21.6M | $6.9M | 10x |
| Short | Arcus ORCL-USD | 149.25 | 0.0040 | get 0.0005% / 1h | 37m 40s | $86K | $79K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Arcus against tradeXYZ. 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
- −$2.04
- Price spread: +0.074% → 0.000%
- $7.38
- Slippage, 4 orders
- no order book: not counted
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Arcus: 2.25 bp × 2 orders
- −$4.5
- Net
- −$17.17
- Costs to cover
- 0.225%
- Break-even
- never at this rate
Slippage unknown: tradeXYZ: live order book, 11 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 tradeXYZ live order book, 11 min ago | 0.67 bp | 10.8 bp −$11 | 15.4 bp −$154 | 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 | −0.0446% | 4h | 149.40 | +0.177% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.19 | +0.033% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.39 | +0.168% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.51 | +0.248% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.39 | +0.168% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.34 | +0.134% | $475K | $52K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | +0.101% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.054% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USDshort | +0.0040% | 1h | 149.25 | +0.074% | $86K | $79K | 10x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | +0.148% | — | $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:ORCLlong | +0.0050% | 1h | 149.14 | long leg | $21.6M | $6.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.20 | +0.040% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.27 | +0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.21 | +0.047% | $699K | $894K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.29 | +0.101% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0068% | 1h | 149.19 | +0.035% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.107% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.25 | +0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0161% | 8h | 149.32 | +0.121% | $240K | $281K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0169% | 8h | 149.42 | +0.189% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0175% | 8h | 149.40 | +0.174% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0239% | 8h | 149.35 | +0.141% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0260% | 8h | 149.29 | +0.101% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0262% | 8h | 149.29 | +0.098% | $24.9M | $36.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.26 | +0.083% | $388K | $1.5M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.35 | +0.141% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0578% | 8h | 149.39 | +0.168% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0592% | 8h | 149.32 | +0.121% | $4.1M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT