Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0512%/8h= −56.1% APRpaid last 24h −0.097%
Price spread now: QFEX against BloFin−0.060%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$15 a day on $10k at the current rate, and QFEX is 0.060% cheaper against BloFin than usual: you would sell low and buy high (−$6 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.260.0569pay 0.0569% / 8h8m 24s$47K$45K20x
ShortQFEX ORCL-USD149.170.0057get 0.0007% / 1h8m 24s$1.1M$2.0M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$107.59
Price spread: −0.060% → 0.000%
−$6.03
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$135.62
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; QFEX: live order book, 4 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell QFEX live order book, 4 min ago1.67 bp6.8 bp −$710.0 bp −$100doesn't fitdoesn't fit
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0249%4h149.25−0.010%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.33+0.046%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.32+0.040%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.48+0.147%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.32+0.040%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.27+0.007%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.22−0.027%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.134%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.15−0.074%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.23−0.020%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.10−0.107%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.16−0.067%$131K$81K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.21−0.033%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.08−0.121%$711K$878K10xas long as short
Nado ORCL-PERP+0.0052%1h149.08−0.118%$88K$22K10xas long as short
QFEX ORCL-USDshort+0.0057%1h149.17−0.060%$1.1M$2.0M10x
KuCoin ORCLUSDTM+0.0100%8h149.28+0.013%$240K$277K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.25−0.007%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.18−0.054%$19010xas long as short
Variational Omni ORCL+0.0174%8h149.22−0.029%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0187%8h149.30+0.024%$1K$155K10xas long as short
Gate ORCL_USDT+0.0205%8h149.31+0.033%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0217%8h149.22−0.027%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0263%8h149.20−0.043%$25.1M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.16−0.067%$390K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.16−0.067%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0547%8h149.260.000%$4.2M$1.9M50xas long as short
BloFin ORCL-USDTlong+0.0569%8h149.26long leg$47K$45K20x