Funding you earn now, next payment 09:00 UTC−0.0035%/8h= −3.8% APRpaid last 24h −0.011%
Price spread now: QFEX against Orderly−0.047%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.047% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 148.65 | 0.0100 | pay 0.0100% / 8h | 7h 31m | $189 | — | 10x |
| Short | QFEX ORCL-USD | 148.58 | 0.0065 | get 0.0008% / 1h | 31m 23s | $1.1M | $1.9M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Orderly. 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
- −$7.36
- Price spread: −0.047% → 0.000%
- −$4.71
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$28.07
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 6 min ago. Net counts fees only.
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 Orderly no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 6 min ago | 1.68 bp | 6.7 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
Orderly: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0211% | 4h | 148.71 | +0.039% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.141% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.65 | 0.000% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.78 | +0.089% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.82 | +0.114% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.87 | +0.148% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.65 | 0.000% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.61 | −0.027% | $602K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.276% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.53 | −0.081% | $86K | $79K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.60 | −0.034% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.46 | −0.128% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.59 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.054% | $707K | $846K | 10x | as long as short |
| Nado ORCL-PERP | +0.0054% | 1h | 148.50 | −0.102% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0063% | 1h | 148.45 | −0.135% | $21.6M | $6.9M | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 148.58 | −0.047% | $1.1M | $1.9M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.67 | +0.013% | $240K | $315K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.60 | −0.034% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 148.65 | long leg | $189 | — | 10x | |
| Variational Omni ORCL | +0.0152% | 8h | 148.78 | +0.088% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0199% | 8h | 148.62 | −0.020% | $4.9M | $5.9M | 20x | as long as short |
| Binance ORCLUSDT | +0.0230% | 8h | 148.61 | −0.027% | $25.1M | $36.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0232% | 1h | 148.57 | −0.054% | $390K | $2.1M | 10x | as long as short |
| Gate ORCL_USDT | +0.0240% | 8h | 148.73 | +0.054% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0457% | 8h | 148.61 | −0.027% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0468% | 8h | 148.74 | +0.061% | $48K | $45K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.66 | +0.007% | $152K | $73K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL