Funding you earn now, next payment 04:00 UTC−0.0021%/8h= −2.3% APRpaid last 24h +0.093%
Price spread now: Bitget against QFEX+0.074%7-day average +0.082% · 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−$42as in the Price arb table
costs, in and out, $10k−$420.416% of the position
Funding, last 4 days (all we have)+0.119%+$12 on $10k
+Price spread, last 7 days−0.005%−$1 · spread now +0.074%, 7d avg +0.082%
=The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.119%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.62 | 0.0080 | pay 0.0010% / 1h | 44m 14s | $1.1M | $2.4M | 10x |
| Short | Bitget ORCLUSDT | 149.73 | 0.0059 | get 0.0059% / 8h | 4h 44m | $7.7M | $3.9M | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$4.41
- Price spread: +0.074% → +0.082%
- −$0.84
- Slippage, 4 orders
- −$19.59
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$46.84
- Costs to cover
- 0.416%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 3 min ago; Bitget: 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 QFEX live order book, 3 min ago | 2.01 bp | 7.0 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 1.67 bp | 13.0 bp −$13 | 25.0 bp −$250 | 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 | −0.0185% | 4h | 149.62 | +0.001% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.56 | −0.039% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.86 | +0.160% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.013% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.69 | +0.047% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.69 | +0.047% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.374% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.53 | −0.060% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.64 | +0.013% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.54 | −0.053% | $21.6M | $6.8M | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.62 | 0.000% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.66 | +0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.43 | −0.127% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDTshort | +0.0059% | 8h | 149.73 | +0.074% | $7.7M | $3.9M | 20x | |
| Nado ORCL-PERP | +0.0068% | 1h | 149.51 | −0.074% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0080% | 1h | 149.62 | long leg | $1.1M | $2.4M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.64 | +0.013% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | +0.033% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0168% | 8h | 149.69 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.61 | −0.007% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0268% | 8h | 149.65 | +0.017% | $2K | $178K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.64 | +0.016% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0312% | 8h | 149.69 | +0.050% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0381% | 8h | 149.71 | +0.060% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0400% | 8h | 149.65 | +0.020% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.54 | −0.053% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0714% | 8h | 149.80 | +0.120% | $4.0M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0725% | 8h | 149.78 | +0.107% | $47K | $43K | 20x | as long as short |
Bitget ORCLUSDT
edgeX ORCLUSDC
Aster 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
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT