Funding you earn now, next payment 01:00 UTC+0.0025%/8h= +2.8% APRnext payment +$0.03 per $10,000 · paid last 24h +0.013%
Price spread now: ApeX Omni against QFEX+0.053%56s7-day average −0.006% · 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—prices read too far apart to compare
costs, in and out, $10k−$520.525% of the position
Funding, last 3 days (all we have)+0.073%+$7 on $10k
+Price spread, last 3 days (all we have)+0.059%+$6 · spread now +0.053%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.059% dearer against QFEX than usual: you sell high and buy low: +$6 more if the spread goes back to its 7-day average of −0.006%. The two prices were read 56 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.63 | 0.0075 | pay 0.0009% / 1h | 25m 45s | $1.1M | $2.8M | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.71 | 0.0100 | get 0.0013% / 1h | 25m 45s | $22K | $266K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni against QFEX. 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
- $5.33
- Price spread: +0.053% → −0.006%
- $5.93
- Slippage, 4 orders
- −$32.46
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$41.21
- Costs to cover
- 0.525%
- Break-even
- 61.2 days
Slippage from QFEX: live order book, 2 min ago; ApeX Omni: live order book, 46 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 QFEX live order book, 2 min ago | 1.67 bp | 7.1 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 46 min ago | 6.36 bp | 19.0 bp −$19 | 180.7 bp −$1,807 | 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 | −0.0627% | 4h | 149.67 | +0.024% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.67 | +0.025% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.180% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.147% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.74 | +0.074% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.65 | +0.013% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.381% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.65 | +0.013% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.57 | −0.040% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.67 | +0.027% | $30K | $3K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.40 | −0.154% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.52 | −0.072% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0075% | 1h | 149.63 | long leg | $1.1M | $2.8M | 10x | |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.71 | +0.053% | $22K | $266K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | +0.027% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0117% | 1h | 149.54 | −0.060% | $21.5M | $6.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.67 | +0.024% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0224% | 1h | 149.64 | +0.004% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0224% | 8h | 149.62 | −0.007% | $25.1M | $35.0M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0263% | 8h | 149.64 | +0.007% | $1K | $184K | 10x | as long as short |
| Gate ORCL_USDT | +0.0270% | 8h | 149.68 | +0.033% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0304% | 8h | 149.69 | +0.040% | $261K | $255K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0325% | 8h | 149.64 | +0.007% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0420% | 8h | 149.65 | +0.013% | $7.7M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.55 | −0.053% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0601% | 8h | 149.78 | +0.100% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0616% | 8h | 149.66 | +0.020% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.49 | −0.094% | $153K | $84K | 10x | as long as short |
ApeX Omni ORACLEUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
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
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL