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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC−0.0682%/8h= −74.7% APRpaid last 24h −0.097%
Price spread now: QFEX against BloFin−0.114%7-day average · you buy dearer than you sell
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)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$20 a day on $10k at the current rate, and QFEX is 0.114% cheaper against BloFin than usual: you would sell low and buy high (−$11 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin ORCL-USDT149.670.0749pay 0.0749% / 8h3h 40m$47K$43K20x
ShortQFEX ORCL-USD149.500.0067get 0.0008% / 1h40m 18s$1.1M$2.1M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

QFEX against BloFin. 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
−$143.18
Price spread: −0.114% → 0.000%
−$11.36
Slippage, 4 orders
no order book: not counted
Fee BloFin: 6 bp × 2 orders
−$12
Fee QFEX: 5 bp × 2 orders
−$10
Net
−$176.54
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: BloFin: no order-book sample; 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
LegHalf-spread$10k$100k$1M$5M
Buy BloFin no order-book sample
Sell QFEX live order book, 2 min ago1.67 bp6.7 bp −$77.5 bp −$75doesn't fitdoesn't fit
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0509%4h149.69+0.010%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.44−0.154%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.58−0.060%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.72+0.033%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.100%$52K$24K20xas long as short
Nado ORCL-PERP+0.0031%1h149.44−0.156%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.54−0.087%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.53−0.094%$624K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.408%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.52−0.100%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.57−0.067%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.38−0.194%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.46−0.140%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.50−0.114%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.55−0.080%$703K$724K10xas long as short
QFEX ORCL-USDshort+0.0067%1h149.50−0.114%$1.1M$2.1M10x
ApeX Omni ORACLEUSDT+0.0100%1h149.57−0.067%$22K$262K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.50−0.114%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0214%8h149.670.000%$2K$177K10xas long as short
Variational Omni ORCL+0.0242%8h149.52−0.098%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0297%8h149.57−0.067%$2.3M$3.0M25xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.45−0.149%$390K$1.3M10xas long as short
Binance ORCLUSDT+0.0321%8h149.49−0.120%$25.2M$35.4M20xas long as short
KuCoin ORCLUSDTM+0.0358%8h149.68+0.007%$262K$279K20xas long as short
OKX ORCL-USDT-SWAP+0.0386%8h149.52−0.100%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.57−0.067%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0715%8h149.56−0.073%$4.1M$1.8M50xas long as short
BloFin ORCL-USDTlong+0.0749%8h149.67long leg$47K$43K20x