Funding you earn now, next payment 07:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: QFEX against Lighter RH0.000%7-day average +0.038% · 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−$25as in the Price arb table
costs, in and out, $10k−$220.217% of the position
Funding, last 4 days (all we have)+0.001%$0 on $10k
+Price spread, last 4 days (all we have)+0.088%+$9 · spread now 0.000%, 7d avg +0.038%
=Together, before fees+0.089%+ Points / potential airdropLighter RH: Points live · farm board+$9 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.038% cheaper against Lighter RH than usual: you would sell low and buy high (spread 0.000% now, against its 7-day average of +0.038%). If the spread goes back, that is −$4 on $10k: about 3.8 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (+0.001% in total) that is about 4 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.41 | 0.0032 | pay 0.0004% / 1h | 28m 22s | $623K | $322K | 10x |
| Short | QFEX ORCL-USD | 149.41 | 0.0065 | get 0.0008% / 1h | 28m 22s | $1.1M | $2.0M | 10x |
Lighter RH ORCL
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter RH. 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
- $6.96
- Price spread: 0.000% → +0.038%
- −$3.79
- Slippage, 4 orders
- −$11.67
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$18.5
- Costs to cover
- 0.217%
- Break-even
- 25.6 days
Slippage from Lighter RH: live order book, 14 min ago; QFEX: live order book, 4 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 Lighter RH live order book, 14 min ago | 3.35 bp | 4.0 bp −$4 | 9.5 bp −$95 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.67 bp | 6.7 bp −$7 | 8.2 bp −$82 | 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 | −0.0560% | 4h | 149.38 | −0.018% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.29 | −0.078% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.49 | +0.054% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.207% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.074% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | +0.060% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.41 | long leg | $623K | $322K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.234% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.067% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.47 | +0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter 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 | 149.30 | −0.074% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | −0.033% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.19 | −0.147% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.30 | −0.072% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 149.41 | 0.000% | $1.1M | $2.0M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.34 | −0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.40 | −0.007% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0142% | 8h | 149.38 | −0.020% | $240K | $280K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0159% | 8h | 149.39 | −0.013% | $1K | $162K | 10x | as long as short |
| Variational Omni ORCL | +0.0162% | 8h | 149.39 | −0.014% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0223% | 8h | 149.47 | +0.040% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.41 | 0.000% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.38 | −0.018% | $391K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0257% | 8h | 149.42 | +0.006% | $24.9M | $36.9M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.43 | +0.013% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0575% | 8h | 149.40 | −0.007% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0597% | 8h | 149.56 | +0.100% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT