Funding you earn now, next payment 00:00 UTC+0.0444%/8h= +48.6% APRpaid last 24h +0.066%
Price spread now: Bybit against QFEX+0.034%7-day average +0.052% · 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−$40as in the Price arb table
costs, in and out, $10k−$380.379% of the position
Funding, last 3 days (all we have)+0.096%+$10 on $10k
+Price spread, last 7 days+0.025%+$3 · spread now +0.034%, 7d avg +0.052%
=The price spread sits at its 7-day average of +0.052%, so right now this pair is about funding alone: +$13 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.096% in total (about 10.4% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.05 | 0.0071 | pay 0.0009% / 1h | 43m 13s | $1.1M | $2.9M | 10x |
| Short | Bybit ORCLUSDT | 149.10 | 0.0515 | get 0.0515% / 8h | 43m 13s | $3.5M | $1.6M | 50x |
QFEX ORCL-USD
Bybit ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $93.22
- Price spread: +0.034% → +0.052%
- −$1.85
- Slippage, 4 orders
- −$16.88
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- $53.49
- Costs to cover
- 0.379%
- Break-even
- 3.0 days
Slippage from QFEX: live order book, 4 min ago; Bybit: 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, 4 min ago | 1.68 bp | 6.7 bp −$7 | 9.7 bp −$97 | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 1.01 bp | 12.2 bp −$12 | 26.8 bp −$268 | 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 | −0.0607% | 4h | 149.07 | +0.013% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.006% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | +0.040% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.181% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.07 | +0.013% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0014% | 8h | 149.03 | −0.012% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0028% | 8h | 149.04 | −0.008% | $2K | $196K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | +0.027% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.007% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.97 | −0.054% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.97 | −0.054% | $131K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.04 | −0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.154% | $708K | $693K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0071% | 1h | 149.05 | long leg | $1.1M | $2.9M | 10x | |
| Extended ORCL_24_5-USD | +0.0072% | 1h | 149.06 | +0.006% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0075% | 8h | 149.08 | +0.019% | $24.9M | $35.6M | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.96 | −0.060% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.04 | −0.007% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0169% | 1h | 148.93 | −0.081% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0176% | 1h | 149.06 | +0.007% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0178% | 1h | 148.86 | −0.131% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0189% | 8h | 149.14 | +0.060% | $258K | $235K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0264% | 8h | 149.11 | +0.040% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.060% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0339% | 8h | 149.09 | +0.027% | $7.4M | $4.7M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0485% | 8h | 149.10 | +0.034% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDTshort | +0.0515% | 8h | 149.10 | +0.034% | $3.5M | $1.6M | 50x | |
| Phoenix ORCL | +0.0538% | 1h | 148.97 | −0.054% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Extended ORCL_24_5-USD
Binance ORCLUSDT
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Lighter RH ORCL
Nado ORCL-PERP
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Arcus ORCL-USD
Bitget ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL