Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRnext payment −$0.04 per $10,000 · paid last 24h −0.011%
Price spread now: QFEX against ApeX Omni+0.020%7-day average +0.010% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$51as in the Price arb table
costs, in and out, $10k−$520.522% of the position
Funding, last 4 days (all we have)−0.076%−$8 on $10k
+Price spread, last 4 days (all we have)−0.291%−$29 · spread now +0.020%, 7d avg +0.010%
=The price spread sits at its 7-day average of +0.010%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | ApeX Omni ORACLEUSDT | 148.42 | 0.0100 | pay 0.0013% / 1h | 25m 02s | $22K | $262K | 50x |
| Short | QFEX ORCL-USD | 148.45 | 0.0065 | get 0.0008% / 1h | 25m 02s | $1.1M | $1.9M | 10x |
ApeX Omni ORACLEUSDT
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against ApeX Omni. 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
- −$7.36
- Price spread: +0.020% → +0.010%
- $1.05
- Slippage, 4 orders
- −$32.18
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$58.48
- Costs to cover
- 0.522%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 7 min ago; QFEX: live order book, 7 min ago.
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 ApeX Omni live order book, 7 min ago | 7.40 bp | 18.7 bp −$19 | 173.7 bp −$1,737 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 7 min ago | 1.68 bp | 6.9 bp −$7 | 10.0 bp −$100 | doesn't fit | doesn't fit |
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 | −0.0251% | 4h | 148.43 | +0.006% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.56 | +0.093% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.57 | +0.101% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.49 | +0.047% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.68 | +0.175% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.54 | +0.081% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.52 | +0.067% | $474K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.48 | +0.040% | $602K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.431% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.38 | −0.027% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.39 | −0.020% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.29 | −0.088% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.44 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.25 | −0.115% | $707K | $835K | 10x | as long as short |
| Nado ORCL-PERP | +0.0055% | 1h | 148.32 | −0.070% | $87K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 148.45 | +0.020% | $1.1M | $1.9M | 10x | |
| tradeXYZ xyz:ORCL | +0.0074% | 1h | 148.37 | −0.034% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.55 | +0.088% | $240K | $322K | 20x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 148.42 | long leg | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.47 | +0.034% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0123% | 8h | 148.41 | −0.006% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0186% | 8h | 148.50 | +0.054% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0207% | 8h | 148.52 | +0.067% | $25.0M | $36.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0208% | 1h | 148.48 | +0.039% | $386K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0258% | 8h | 148.60 | +0.121% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0349% | 8h | 148.55 | +0.088% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0374% | 8h | 148.44 | +0.013% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.35 | −0.047% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL