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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 23:00 UTC+0.0394%/8h= +43.2% APRpaid last 24h +0.068%
Price spread now: BloFin against QFEX+0.040%7-day average · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work for this trade now. Funding pays +$12 a day on $10k at the current rate, and BloFin is 0.040% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD148.850.0056pay 0.0007% / 1h7m 11s$1.1M$2.8M10x
ShortBloFin ORCL-USDT148.910.0451get 0.0451% / 8h1h 07m$47K$51K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BloFin 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
$82.78
Price spread: +0.040% → 0.000%
$4.03
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee BloFin: 6 bp × 2 orders
−$12
Net
$64.81
Costs to cover
0.220%
Break-even
1.5 days
Slippage unknown: QFEX: live order book, 10 min ago; BloFin: no order-book sample. Net counts fees only.

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, 10 min ago2.35 bp7.4 bp −$77.9 bp −$79doesn't fitdoesn't fit
Sell BloFin no order-book sample
BloFin: 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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0699%4h148.80−0.034%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h148.87+0.017%$93K$16K20xas long as short
Gate ORCL_USDT0.0000%8h148.90+0.034%$2.2M$3.0M25xas long as short
Variational Omni ORCL0.0000%8h148.80−0.030%$1.3M$316Kas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.84−0.007%$1K$197K10xas long as short
SunX ORCL-USDT0.0000%8h149.09+0.161%$3K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h148.97+0.081%$52K$22K20xas long as short
Binance ORCLUSDT+0.0014%8h148.88+0.018%$24.8M$35.6M20xas long as short
Extended ORCL_24_5-USD+0.0016%1h148.84−0.006%$386K$1.4M10xas long as short
Lighter ORCL+0.0032%1h148.88+0.020%$471K$53K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ORCL+0.0032%1h148.84−0.007%$619K$462K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.141%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.77−0.054%$127K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h148.78−0.047%$130K$122K10xas long as short
SoDEX ORCL-USD+0.0050%1h148.850.000%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.62−0.155%$707K$691K10xas long as short
tradeXYZ xyz:ORCL+0.0054%1h148.72−0.087%$21.4M$8.6M10xas long as short
QFEX ORCL-USDlong+0.0056%1h148.85long leg$1.1M$2.8M10x
ApeX Omni ORACLEUSDT+0.0100%1h148.84−0.007%$22K$269K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.80−0.034%$18910xas long as short
Nado ORCL-PERP+0.0129%1h148.68−0.114%$92K$18K10xas long as short
KuCoin ORCLUSDTM+0.0144%8h148.94+0.060%$257K$228K20xas long as short
Arcus ORCL-USD+0.0152%1h148.74−0.074%$86K$90K10xas long as short
OKX ORCL-USDT-SWAP+0.0211%8h148.86+0.007%$4.7M$5.7M20xas long as short
Bitget ORCLUSDT+0.0301%8h148.88+0.020%$7.4M$4.6M20xas long as short
BloFin ORCL-USDTshort+0.0451%8h148.91+0.040%$47K$51K20x
Bybit ORCLUSDT+0.0477%8h148.88+0.020%$3.5M$1.6M50xas long as short
Phoenix ORCL+0.0538%1h148.71−0.094%$149K$100K10xas long as short