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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 02:00 UTC+0.0142%/8h= +15.6% APRpaid last 24h −0.005%
Price spread now: GRVT against QFEX+0.021%7-day average +0.036% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$340.335% of the position
What this pair did over the last
the charts below follow
Funding, last 3 days (all we have)−0.001%$0 on $10k
Price spread, last 4 days (all we have)+0.418%+$42 · spread now +0.021%, 7d avg +0.036%
Together, before fees+0.417%+ Points / potential airdropGRVT: Active · farm board+$42 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.036%, so right now this pair is about funding alone: +$4 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.290.0057pay 0.0007% / 1h43m 23s$1.1M$2.8M10x
ShortGRVT ORCL_USDT_Perp149.320.0199get 0.0199% / 8h6h 43m$2K$181K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

GRVT 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
$29.85
Price spread: +0.021% → +0.036%
−$1.47
Slippage, 4 orders
−$14.51
Fee QFEX: 5 bp × 2 orders
−$10
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
−$5.13
Costs to cover
0.335%
Break-even
8.2 days
Slippage from QFEX: live order book, 4 min ago; GRVT: live order book, 20 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, 4 min ago1.67 bp7.3 bp −$79.7 bp −$97doesn't fitdoesn't fit
Sell GRVT live order book, 20 min ago2.01 bp10.2 bp −$1020.2 bp −$202doesn'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−0.0562%4h149.25−0.025%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.39+0.066%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.54+0.167%$3K$2.8M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.080%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.36+0.047%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.290.000%$621K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.154%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.25−0.027%$86K$80K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.30+0.007%$67K25xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.24−0.033%$131K$91K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.28−0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.09−0.134%$707K$677K10xas long as short
Nado ORCL-PERP+0.0052%1h149.16−0.089%$92K$18K10xas long as short
QFEX ORCL-USDlong+0.0057%1h149.29long leg$1.1M$2.8M10x
tradeXYZ xyz:ORCL+0.0078%1h149.23−0.040%$21.5M$6.7M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.19−0.067%$22K$266K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.28−0.007%$19010xas long as short
Gate ORCL_USDT+0.0193%8h149.39+0.067%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0198%8h149.30+0.008%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perpshort+0.0199%8h149.32+0.021%$2K$181K10x
Binance ORCLUSDT+0.0248%8h149.33+0.024%$25.0M$35.2M20xas long as short
Extended ORCL_24_5-USD+0.0248%1h149.27−0.014%$388K$1.3M10xas long as short
Bitget ORCLUSDT+0.0299%8h149.41+0.080%$7.6M$4.0M20xas long as short
KuCoin ORCLUSDTM+0.0302%8h149.43+0.094%$260K$260K20xas long as short
OKX ORCL-USDT-SWAP+0.0322%8h149.45+0.107%$4.9M$5.6M20xas long as short
BloFin ORCL-USDT+0.0523%8h149.45+0.107%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0530%8h149.36+0.047%$3.5M$1.4M50xas long as short
Phoenix ORCL+0.0535%1h149.20−0.060%$153K$75K10xas long as short