Funding you earn now, next payment 07:00 UTC+0.0191%/8h= +20.9% APRnext payment +$0.24 per $10,000 · paid last 24h +0.047%
Price spread now: Extended against QFEX+0.012%7-day average +0.036% · 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−$30as in the Price arb table
costs, in and out, $10k−$280.278% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 7 days+0.040%+$4 · spread now +0.012%, 7d avg +0.036%
=Together, before fees+0.108%+ Points / potential airdropExtended: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Extended is 0.024% cheaper against QFEX than usual: you would sell low and buy high (spread +0.012% now, against its 7-day average of +0.036%). If the spread goes back, that is −$2 on $10k: about 10 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.068% in total) that is about 31 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.068% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.24 per $10,000. 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 | 149.22 | 0.0065 | pay 0.0008% / 1h | 2m 37s | $1.1M | $2.0M | 10x |
| Short | Extended ORCL_24_5-USD | 149.24 | 0.0256 | get 0.0032% / 1h | 2m 37s | $388K | $1.4M | 10x |
QFEX ORCL-USD
Extended ORCL_24_5-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Extended 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
- $40.08
- Price spread: +0.012% → +0.036%
- −$2.36
- Slippage, 4 orders
- −$12.84
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Net
- $9.89
- Costs to cover
- 0.278%
- Break-even
- 5.3 days
Slippage from QFEX: live order book, 5 min ago; Extended: live order book, 1 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, 5 min ago | 1.67 bp | 6.7 bp −$7 | 7.7 bp −$77 | 15.7 bp −$1,571 | doesn't fit |
| Sell Extended live order book, 1 min ago | 0.67 bp | 7.2 bp −$7 | 39.4 bp −$394 | 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 | −0.0250% | 4h | 149.25 | +0.017% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.14 | −0.054% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.36 | +0.094% | $7.7M | $2.9M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.174% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.30 | +0.054% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | +0.027% | $473K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.27 | +0.034% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.107% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.16 | −0.040% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.26 | +0.027% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.14 | −0.054% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.19 | −0.020% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.23 | +0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.03 | −0.127% | $698K | $858K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.13 | −0.059% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0065% | 1h | 149.22 | long leg | $1.1M | $2.0M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.13 | −0.060% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.21 | −0.007% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0115% | 8h | 149.34 | +0.080% | $240K | $275K | 20x | as long as short |
| Variational Omni ORCL | +0.0166% | 8h | 149.28 | +0.040% | $1.2M | $423K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0174% | 8h | 149.28 | +0.039% | $1K | $161K | 10x | as long as short |
| Gate ORCL_USDT | +0.0211% | 8h | 149.35 | +0.087% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0248% | 8h | 149.30 | +0.054% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USDshort | +0.0256% | 1h | 149.24 | +0.012% | $388K | $1.4M | 10x | |
| Binance ORCLUSDT | +0.0257% | 8h | 149.28 | +0.040% | $24.9M | $36.5M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.23 | +0.007% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0575% | 8h | 149.30 | +0.054% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0585% | 8h | 149.27 | +0.034% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT