Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.6% APRpaid last 24h −0.019%
Price spread now: QFEX against Variational Omni+0.054%7-day average −0.046% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)−0.009%−$1 on $10k
+Price spread, last 7 days−0.070%−$7 · spread now +0.054%, 7d avg −0.046%
=Together, before fees−0.080%+ Points / potential airdropVariational Omni: Active · farm board−$8 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.100% dearer against Variational Omni than usual: you sell high and buy low (spread +0.054% now, against its 7-day average of −0.046%): +$10 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 3.5 days. At the pace of the last 4 days (−0.009% in total) that is about 38 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.39 | 0.0162 | pay 0.0162% / 8h | 1h 30m | $1.2M | $423K | — |
| Short | QFEX ORCL-USD | 149.47 | 0.0065 | get 0.0008% / 1h | 30m 37s | $1.1M | $2.0M | 10x |
Variational Omni ORCL
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- −$20.27
- Price spread: +0.054% → −0.046%
- $10.01
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$20.25
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; QFEX: live order book, 2 min ago. Net counts fees only.
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 Variational Omni RFQ quote, 3 min ago | 4.45 bp | doesn't fit | 35.7 bp −$357 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 2 min ago | 1.67 bp | 6.7 bp −$7 | 8.2 bp −$82 | 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 | −0.0818% | 4h | 149.30 | −0.061% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.29 | −0.063% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.52 | +0.088% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.168% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.36 | −0.019% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.40 | +0.007% | $474K | $53K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.42 | +0.021% | $623K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.220% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.26 | −0.086% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | −0.019% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.27 | −0.080% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.30 | −0.059% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.019% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.19 | −0.133% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0055% | 1h | 149.21 | −0.119% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 149.47 | +0.054% | $1.1M | $2.0M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.34 | −0.033% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.30 | −0.059% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0145% | 8h | 149.38 | −0.006% | $240K | $280K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0157% | 8h | 149.35 | −0.028% | $1K | $162K | 10x | as long as short |
| Variational Omni ORCLlong | +0.0162% | 8h | 149.39 | long leg | $1.2M | $423K | — | |
| Gate ORCL_USDT | +0.0227% | 8h | 149.49 | +0.068% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0247% | 8h | 149.50 | +0.074% | $4.9M | $6.1M | 20x | as long as short |
| Binance ORCLUSDT | +0.0254% | 8h | 149.50 | +0.074% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.46 | +0.046% | $391K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.16 | −0.153% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0577% | 8h | 149.44 | +0.034% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0606% | 8h | 149.36 | −0.019% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT