Funding you earn now, next payment 08:00 UTC−0.0160%/8h= −17.5% APRpaid last 24h −0.049%
Price spread now: QFEX against OKX−0.027%7-day average −0.045% · 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−$36as in the Price arb table
costs, in and out, $10k−$380.382% of the position
Funding, last 4 days (all we have)−0.056%−$6 on $10k
+Price spread, last 7 days−0.034%−$3 · spread now −0.027%, 7d avg −0.045%
=The price spread sits at its 7-day average of −0.045%, so right now this pair is about funding alone: −$5 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | OKX ORCL-USDT-SWAP | 149.30 | 0.0217 | pay 0.0217% / 8h | 15m 56s | $4.9M | $6.0M | 20x |
| Short | QFEX ORCL-USD | 149.26 | 0.0057 | get 0.0007% / 1h | 15m 56s | $1.1M | $2.0M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against OKX. 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
- −$33.57
- Price spread: −0.027% → −0.045%
- $1.79
- Slippage, 4 orders
- −$18.17
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$69.95
- Costs to cover
- 0.382%
- Break-even
- never at this rate
Slippage from OKX: live order book, 2 min ago; QFEX: live order book, 11 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 OKX live order book, 2 min ago | 1.00 bp | 13.0 bp −$13 | 23.5 bp −$235 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 11 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 | −0.0481% | 4h | 149.31 | +0.008% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.43 | +0.087% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | +0.040% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.147% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.46 | +0.107% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.32 | +0.013% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.29 | −0.007% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.161% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.18 | −0.080% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.26 | −0.027% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.15 | −0.100% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.21 | −0.060% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.27 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.15 | −0.100% | $707K | $875K | 10x | as long as short |
| Nado ORCL-PERP | +0.0051% | 1h | 149.15 | −0.102% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0057% | 1h | 149.26 | −0.027% | $1.1M | $2.0M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.32 | +0.013% | $241K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | +0.040% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.25 | −0.033% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0165% | 8h | 149.26 | −0.028% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0180% | 8h | 149.33 | +0.023% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0200% | 8h | 149.39 | +0.060% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0217% | 8h | 149.30 | long leg | $4.9M | $6.0M | 20x | |
| Binance ORCLUSDT | +0.0256% | 8h | 149.30 | 0.000% | $25.1M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.26 | −0.024% | $387K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | −0.094% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0545% | 8h | 149.31 | +0.007% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0550% | 8h | 149.40 | +0.067% | $48K | $45K | 20x | as long as short |
OKX ORCL-USDT-SWAP
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT