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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0007%/8h= −0.8% APRnext payment $0.01 per $10,000 · paid last 24h −0.004%
Price spread now: Polymarket Perps against QFEX−0.013%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$26as in the Price arb table
costs, in and out, $10k−$300.300% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.032%+$3 on $10k
Price spread, last 7 days−0.161%−$16 · spread now −0.013%, 7d avg −0.051%
Together, before fees−0.129%−$13 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Polymarket Perps is 0.037% dearer against QFEX than usual: you sell high and buy low, +$4 on $10k if it goes back to its 7-day average of −0.051%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.290.0057pay 0.0007% / 1h19m 23s$1.1M$2.0M10x
ShortPolymarket Perps ORCL-USD149.270.0050get 0.0006% / 1h19m 23s$131K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps 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
−$1.46
Price spread: −0.013% → −0.051%
$3.74
Slippage, 4 orders
−$12.02
Fee QFEX: 5 bp × 2 orders
−$10
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$27.74
Costs to cover
0.300%
Break-even
never at this rate
Slippage from QFEX: live order book, 8 min ago; Polymarket Perps: live order book, 17 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, 8 min ago2.35 bp7.3 bp −$78.1 bp −$81doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 17 min ago2.68 bp8.6 bp −$98.8 bp −$88doesn'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−0.0358%4h149.06−0.151%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.48+0.131%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.40+0.074%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.52+0.154%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.080%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.31+0.013%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.33+0.027%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.154%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.15−0.094%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.28−0.007%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.19−0.067%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USDshort+0.0050%1h149.27−0.013%$131K$81K10x
SoDEX ORCL-USD+0.0050%1h149.26−0.020%$30K$3K10xas long as short
Nado ORCL-PERP+0.0050%1h149.19−0.067%$88K$22K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.10−0.127%$707K$875K10xas long as short
QFEX ORCL-USDlong+0.0057%1h149.29long leg$1.1M$2.0M10x
KuCoin ORCLUSDTM+0.0100%8h149.26−0.020%$241K$276K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.26−0.020%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.24−0.033%$19010xas long as short
Variational Omni ORCL+0.0165%8h149.26−0.021%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0180%8h149.30+0.006%$1K$156K10xas long as short
Gate ORCL_USDT+0.0198%8h149.39+0.067%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0217%8h149.25−0.027%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0255%8h149.36+0.050%$24.9M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.31+0.014%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.22−0.047%$153K$72K10xas long as short
BloFin ORCL-USDT+0.0533%8h149.33+0.027%$48K$45K20xas long as short
Bybit ORCLUSDT+0.0549%8h149.37+0.054%$4.2M$1.9M50xas long as short