Funding you earn now, next payment 01:00 UTC−0.0032%/8h= −3.5% APRnext payment −$0.04 per $10,000 · paid last 24h −0.004%
Price spread now: QFEX against tradeXYZ+0.080%7-day average +0.060% · 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−$35as in the Price arb table
costs, in and out, $10k−$370.371% of the position
Funding, last 3 days (all we have)−0.010%−$1 on $10k
+Price spread, last 7 days−0.063%−$6 · spread now +0.080%, 7d avg +0.060%
=Together, before fees−0.073%+ Points / potential airdroptradeXYZ: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.060%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.32 | 0.0107 | pay 0.0013% / 1h | 22m 57s | $21.5M | $6.7M | 10x |
| Short | QFEX ORCL-USD | 149.44 | 0.0075 | get 0.0009% / 1h | 22m 57s | $1.1M | $2.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against tradeXYZ. 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
- −$6.79
- Price spread: +0.080% → +0.060%
- $2
- Slippage, 4 orders
- −$9.08
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$41.88
- Costs to cover
- 0.371%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 6 min ago; QFEX: live order book, 5 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 tradeXYZ live order book, 6 min ago | 0.67 bp | 11.0 bp −$11 | 16.8 bp −$168 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 5 min ago | 1.67 bp | 7.7 bp −$8 | 11.2 bp −$112 | 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 | −0.0689% | 4h | 149.56 | +0.162% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.47 | +0.097% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.241% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.214% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.147% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | +0.080% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.174% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.45 | +0.087% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.36 | +0.027% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.42 | +0.067% | $30K | $3K | 10x | as long as short |
Show 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 | +0.054% | $703K | $698K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.36 | +0.029% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0075% | 1h | 149.44 | +0.080% | $1.1M | $2.8M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.48 | +0.107% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.43 | +0.074% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0107% | 1h | 149.32 | long leg | $21.5M | $6.7M | 10x | |
| Variational Omni ORCL | +0.0178% | 8h | 149.67 | +0.231% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0224% | 1h | 149.41 | +0.063% | $388K | $1.3M | 10x | as long as short |
| Gate ORCL_USDT | +0.0224% | 8h | 149.52 | +0.134% | $2.3M | $2.9M | 25x | as long as short |
| Binance ORCLUSDT | +0.0225% | 8h | 149.45 | +0.087% | $25.1M | $35.0M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0301% | 8h | 149.55 | +0.154% | $260K | $256K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0323% | 8h | 149.45 | +0.087% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0344% | 8h | 149.60 | +0.188% | $1K | $181K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0420% | 8h | 149.54 | +0.147% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.47 | +0.100% | $87K | $79K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0620% | 8h | 149.55 | +0.154% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0623% | 8h | 149.77 | +0.301% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.35 | +0.020% | $153K | $84K | 10x | as long as short |
tradeXYZ xyz:ORCL
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Gate ORCL_USDT
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL