Funding you earn now, next payment 09:00 UTC−0.0055%/8h= −6.0% APRpaid last 24h −0.013%
Price spread now: QFEX against Gate+0.013%7-day average −0.077% · 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−$36as in the Price arb table
costs, in and out, $10k−$450.449% of the position
Funding, last 4 days (all we have)−0.085%−$8 on $10k
+Price spread, last 7 days−0.081%−$8 · spread now +0.013%, 7d avg −0.077%
=The price spread pays, funding is against you. QFEX is 0.090% dearer against Gate than usual: you sell high and buy low (spread +0.013% now, against its 7-day average of −0.077%): +$9 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 5.5 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 148.93 | 0.0120 | pay 0.0120% / 8h | 7h 47m | $2.3M | $2.8M | 25x |
| Short | QFEX ORCL-USD | 148.95 | 0.0065 | get 0.0008% / 1h | 47m 05s | $1.1M | $1.9M | 10x |
Gate ORCL_USDT
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- −$11.56
- Price spread: +0.013% → −0.077%
- $9.02
- Slippage, 4 orders
- −$19.93
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$47.46
- Costs to cover
- 0.449%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; QFEX: live order book, 5 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 Gate live order book, 1 min ago | 3.02 bp | 15.2 bp −$15 | 26.8 bp −$268 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.34 bp | 6.8 bp −$7 | 9.3 bp −$93 | 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 | −0.0440% | 4h | 148.91 | −0.015% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.97 | +0.030% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.80 | −0.087% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 149.00 | +0.044% | $1K | $152K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.154% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.07 | +0.094% | $52K | $25K | 20x | as long as short |
| Nado ORCL-PERP | +0.0026% | 1h | 148.72 | −0.142% | $88K | $22K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.76 | −0.114% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.79 | −0.094% | $603K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.087% | $20K | $9K | 12x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus ORCL-USD | +0.0040% | 1h | 148.81 | −0.081% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.91 | −0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.70 | −0.154% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.69 | −0.161% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | −0.101% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.154% | $709K | $871K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 148.95 | +0.013% | $1.1M | $1.9M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.91 | −0.013% | $240K | $298K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.01 | +0.054% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.91 | −0.013% | $189 | — | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0120% | 8h | 148.93 | long leg | $2.3M | $2.8M | 25x | |
| Variational Omni ORCL | +0.0177% | 8h | 148.99 | +0.037% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0210% | 8h | 148.79 | −0.094% | $4.9M | $5.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 148.90 | −0.019% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0265% | 8h | 148.79 | −0.094% | $25.0M | $36.3M | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.85 | −0.054% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0621% | 8h | 148.89 | −0.027% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0625% | 8h | 149.10 | +0.114% | $48K | $44K | 20x | as long as short |
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT