Funding you earn now, next payment 01:00 UTC+0.0249%/8h= +27.3% APRpaid last 24h +0.050%
Price spread now: OKX against QFEX+0.074%7-day average +0.045% · 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−$38as in the Price arb table
costs, in and out, $10k−$410.406% of the position
Funding, last 3 days (all we have)+0.062%+$6 on $10k
+Price spread, last 7 days−0.024%−$2 · spread now +0.074%, 7d avg +0.045%
=Both sides work for this trade now. Funding pays +$7 a day on $10k at the current rate, and OKX is 0.029% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.045%.
The current funding rate is far above what this pair has been paying: over the last 3 days it paid 0.062% in total (about 6.6% 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 | 149.53 | 0.0075 | pay 0.0009% / 1h | 25m 34s | $1.1M | $2.8M | 10x |
| Short | OKX ORCL-USDT-SWAP | 149.64 | 0.0324 | get 0.0324% / 8h | 7h 25m | $4.8M | $5.5M | 20x |
QFEX ORCL-USD
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $52.38
- Price spread: +0.074% → +0.045%
- $2.9
- Slippage, 4 orders
- −$20.59
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- $14.69
- Costs to cover
- 0.406%
- Break-even
- 5.0 days
Slippage from QFEX: live order book, 2 min ago; OKX: live order book, 2 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, 2 min ago | 1.67 bp | 7.1 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell OKX live order book, 2 min ago | 2.34 bp | 12.0 bp −$12 | 24.7 bp −$247 | 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 | −0.0063% | 4h | 149.63 | +0.069% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.63 | +0.069% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.247% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.080% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.114% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.57 | +0.027% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.314% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.60 | +0.047% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.47 | −0.040% | $132K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.67 | +0.094% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.40 | −0.087% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.48 | −0.032% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0075% | 1h | 149.53 | long leg | $1.1M | $2.8M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.48 | −0.033% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.67 | +0.094% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0113% | 1h | 149.45 | −0.054% | $21.5M | $7.0M | 10x | as long as short |
| Variational Omni ORCL | +0.0178% | 8h | 149.67 | +0.090% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0224% | 1h | 149.55 | +0.011% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0226% | 8h | 149.55 | +0.013% | $25.1M | $35.0M | 20x | as long as short |
| Gate ORCL_USDT | +0.0249% | 8h | 149.65 | +0.080% | $2.3M | $2.9M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0301% | 8h | 149.69 | +0.107% | $261K | $255K | 20x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0324% | 8h | 149.64 | +0.074% | $4.8M | $5.5M | 20x | |
| GRVT ORCL_USDT_Perp | +0.0355% | 8h | 149.63 | +0.067% | $1K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0423% | 8h | 149.64 | +0.074% | $7.7M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.54 | +0.007% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0601% | 8h | 149.78 | +0.167% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0605% | 8h | 149.66 | +0.087% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.49 | −0.027% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL