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 − costs—under 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
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%
=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%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.29 | 0.0057 | pay 0.0007% / 1h | 19m 23s | $1.1M | $2.0M | 10x |
| Short | Polymarket Perps ORCL-USD | 149.27 | 0.0050 | get 0.0006% / 1h | 19m 23s | $131K | $81K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 8 min ago | 2.35 bp | 7.3 bp −$7 | 8.1 bp −$81 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 17 min ago | 2.68 bp | 8.6 bp −$9 | 8.8 bp −$88 | 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 | −0.0358% | 4h | 149.06 | −0.151% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.48 | +0.131% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.40 | +0.074% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.52 | +0.154% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.080% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.31 | +0.013% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.33 | +0.027% | $623K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.15 | −0.094% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.28 | −0.007% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.19 | −0.067% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.27 | −0.013% | $131K | $81K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.26 | −0.020% | $30K | $3K | 10x | as long as short |
| Nado ORCL-PERP | +0.0050% | 1h | 149.19 | −0.067% | $88K | $22K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.10 | −0.127% | $707K | $875K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0057% | 1h | 149.29 | long leg | $1.1M | $2.0M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.26 | −0.020% | $241K | $276K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.26 | −0.020% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.24 | −0.033% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0165% | 8h | 149.26 | −0.021% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0180% | 8h | 149.30 | +0.006% | $1K | $156K | 10x | as long as short |
| Gate ORCL_USDT | +0.0198% | 8h | 149.39 | +0.067% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0217% | 8h | 149.25 | −0.027% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0255% | 8h | 149.36 | +0.050% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.31 | +0.014% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.22 | −0.047% | $153K | $72K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0533% | 8h | 149.33 | +0.027% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0549% | 8h | 149.37 | +0.054% | $4.2M | $1.9M | 50x | as long as short |
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT