Funding you earn now, next payment 06:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h −0.008%
Price spread now: QFEX against Injective−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Funding pays, the price is against you. QFEX is 0.040% cheaper against Injective than usual: you would sell low and buy high (spread −0.040% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$4 on $10k: about 5.4 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Injective ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 23m 58s | $20K | $12K | 12x |
| Short | QFEX ORCL-USD | 149.00 | 0.0058 | get 0.0007% / 1h | 23m 58s | $1.1M | $2.1M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- $5.21
- Price spread: −0.040% → 0.000%
- −$4.03
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$8.83
- Costs to cover
- 0.100%
- Break-even
- 18.9 days
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 3 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 3 min ago | 1.34 bp | 6.6 bp −$7 | 8.6 bp −$86 | doesn't fit | doesn't fit |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0588% | 4h | 148.82 | −0.159% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | −0.020% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.12 | +0.040% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.114% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.13 | +0.047% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.03 | −0.020% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.97 | −0.060% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $12K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 148.85 | −0.141% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.01 | −0.034% | — | $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 | 148.89 | −0.114% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.90 | −0.107% | $130K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.97 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.88 | −0.121% | $687K | $878K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 148.86 | −0.134% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0058% | 1h | 149.00 | −0.040% | $1.1M | $2.1M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.141% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.91 | −0.101% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | −0.020% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | −0.114% | $1.2M | $416K | — | as long as short |
| Gate ORCL_USDT | +0.0257% | 8h | 149.05 | −0.007% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0259% | 8h | 149.05 | −0.007% | $241K | $287K | 20x | as long as short |
| Binance ORCLUSDT | +0.0268% | 8h | 149.04 | −0.016% | $24.9M | $35.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.00 | −0.043% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0303% | 8h | 149.05 | −0.007% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 148.84 | −0.148% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0623% | 8h | 149.11 | +0.034% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0653% | 8h | 149.03 | −0.020% | $47K | $43K | 20x | as long as short |
Injective ORCL/USDC PERP
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
KuCoin ORCLUSDTM
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT