Funding you earn now, next payment 08:00 UTC−0.0197%/8h= −21.6% APRpaid last 24h −0.045%
Price spread now: QFEX against Binance−0.027%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$27as in the Price arb table
costs, in and out, $10k−$290.294% of the position
Funding, last 4 days (all we have)−0.060%−$6 on $10k
+Price spread, last 7 days0.000%$0 · spread now −0.027%, 7d avg −0.047%
=The price spread sits at its 7-day average of −0.047%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid -0.060% in total (about -5.8% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.29 | 0.0254 | pay 0.0254% / 8h | 21m 35s | $24.9M | $36.9M | 20x |
| Short | QFEX ORCL-USD | 149.25 | 0.0057 | get 0.0007% / 1h | 21m 35s | $1.1M | $2.0M | 10x |
Binance ORCLUSDT
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Binance. 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
- −$41.33
- Price spread: −0.027% → −0.047%
- $1.97
- Slippage, 4 orders
- −$9.45
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$68.81
- Costs to cover
- 0.294%
- Break-even
- never at this rate
Slippage from Binance: live order book, 5 min ago; QFEX: live order book, 6 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 Binance live order book, 5 min ago | 0.34 bp | 8.3 bp −$8 | 19.1 bp −$191 | 94.1 bp −$9,415 | doesn't fit |
| Sell QFEX live order book, 6 min ago | 2.35 bp | 7.3 bp −$7 | 8.7 bp −$87 | 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 | −0.0062% | 4h | 149.07 | −0.149% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.32 | +0.017% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | +0.047% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.161% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.080% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | +0.007% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.28 | −0.007% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.11 | −0.121% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.25 | −0.027% | — | $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
Arcus ORCL-USD
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 | 149.17 | −0.080% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.22 | −0.047% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.26 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.07 | −0.147% | $707K | $874K | 10x | as long as short |
| Nado ORCL-PERP | +0.0052% | 1h | 149.17 | −0.081% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0057% | 1h | 149.25 | −0.027% | $1.1M | $2.0M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.22 | −0.047% | $241K | $275K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.10 | −0.127% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.21 | −0.054% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0164% | 8h | 149.07 | −0.149% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0179% | 8h | 149.14 | −0.101% | $1K | $156K | 10x | as long as short |
| Gate ORCL_USDT | +0.0198% | 8h | 149.36 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0219% | 8h | 149.25 | −0.027% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDTlong | +0.0254% | 8h | 149.29 | long leg | $24.9M | $36.9M | 20x | |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.25 | −0.026% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.02 | −0.181% | $152K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0534% | 8h | 149.21 | −0.054% | $48K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0550% | 8h | 149.30 | +0.007% | $4.2M | $1.9M | 50x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT