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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0059%/8h= −6.4% APRpaid last 24h −0.018%
Price spread now: SunX against QFEX+0.194%7-day average +0.175% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)−0.026%−$3 on $10k
Price spread, last 4 days (all we have)+0.247%+$25 · spread now +0.194%, 7d avg +0.175%
Together, before fees+0.220%+$22 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.175%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.680.0059pay 0.0007% / 1h3m 46s$1.1M$2.4M10x
ShortSunX ORCL-USDT149.970get 0.0000% / 8h5h 03m$3K$2.7M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX 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
−$12.35
Price spread: +0.194% → +0.175%
$1.86
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$28.49
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 4 min ago; SunX: live order book, 4 min ago. Net counts fees only.

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 bp6.7 bp −$76.7 bp −$6712.5 bp −$1,252doesn't fit
Sell SunX live order book, 4 min ago30.01 bpdoesn't fitdoesn't fitdoesn'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−0.0897%4h149.70+0.013%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.55−0.084%$94K$16K20xas long as short
SunX ORCL-USDTshort0.0000%8h149.97+0.194%$3K$2.7M10x
HTX ORCL-USDT0.0000%8h149.82+0.094%$52K$23K20xas long as short
Lighter ORCL+0.0032%1h149.680.000%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.66−0.013%$623K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.414%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.61−0.047%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.70+0.013%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.54−0.094%$21.6M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USD+0.0050%1h149.64−0.027%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.680.000%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.41−0.180%$703K$727K10xas long as short
QFEX ORCL-USDlong+0.0059%1h149.68long leg$1.1M$2.4M10x
Bitget ORCLUSDT+0.0079%8h149.78+0.067%$7.7M$4.0M20xas long as short
Nado ORCL-PERP+0.0095%1h149.55−0.089%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.72+0.027%$22K$265K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.72+0.027%$19010xas long as short
Gate ORCL_USDT+0.0134%8h149.78+0.067%$2.3M$2.9M25xas long as short
Variational Omni ORCL+0.0219%8h149.71+0.017%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0241%8h149.72+0.026%$2K$178K10xas long as short
Binance ORCLUSDT+0.0296%8h149.70+0.012%$25.1M$35.5M20xas long as short
Extended ORCL_24_5-USD+0.0296%1h149.67−0.005%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0373%8h149.80+0.080%$262K$276K20xas long as short
OKX ORCL-USDT-SWAP+0.0378%8h149.71+0.020%$4.9M$5.6M20xas long as short
Phoenix ORCL+0.0536%1h149.61−0.047%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0654%8h149.82+0.094%$3.9M$1.7M50xas long as short
BloFin ORCL-USDT+0.0667%8h149.81+0.087%$47K$43K20xas long as short