Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
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 − costsunder 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
What this pair did over the last
the charts below follow
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%
Together, before fees+0.114%+$11 on $10k · with fees, hour by hour
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.620.0080pay 0.0010% / 1h44m 14s$1.1M$2.4M10x
ShortBitget ORCLUSDT149.730.0059get 0.0059% / 8h4h 44m$7.7M$3.9M20x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 3 min ago2.01 bp7.0 bp −$78.6 bp −$86doesn't fitdoesn't fit
Sell Bitget live order book, 4 min ago1.67 bp13.0 bp −$1325.0 bp −$250doesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0185%4h149.62+0.001%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.56−0.039%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.86+0.160%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.64+0.013%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.69+0.047%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.69+0.047%$624K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.374%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.53−0.060%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.64+0.013%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.54−0.053%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.620.000%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.66+0.027%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.43−0.127%$703K$718K10xas long as short
Bitget ORCLUSDTshort+0.0059%8h149.73+0.074%$7.7M$3.9M20x
Nado ORCL-PERP+0.0068%1h149.51−0.074%$91K$20K10xas long as short
QFEX ORCL-USDlong+0.0080%1h149.62long leg$1.1M$2.4M10x
ApeX Omni ORACLEUSDT+0.0100%1h149.64+0.013%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.67+0.033%$19010xas long as short
Gate ORCL_USDT+0.0168%8h149.69+0.047%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0237%8h149.61−0.007%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0268%8h149.65+0.017%$2K$178K10xas long as short
Extended ORCL_24_5-USD+0.0312%1h149.64+0.016%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0312%8h149.69+0.050%$25.1M$35.6M20xas long as short
KuCoin ORCLUSDTM+0.0381%8h149.71+0.060%$262K$275K20xas long as short
OKX ORCL-USDT-SWAP+0.0400%8h149.65+0.020%$5.0M$5.7M20xas long as short
Phoenix ORCL+0.0481%1h149.54−0.053%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0714%8h149.80+0.120%$4.0M$1.8M50xas long as short
BloFin ORCL-USDT+0.0725%8h149.78+0.107%$47K$43K20xas long as short