Funding you earn now, next payment 02:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.03 per $10,000 · paid last 24h +0.007%
Price spread now: QFEX against Lighter−0.087%7-day average −0.044% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$43as in the Price arb table
costs, in and out, $10k−$390.392% of the position
Funding, last 3 days (all we have)−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.084%+$8 · spread now −0.087%, 7d avg −0.044%
=Together, before fees+0.080%+ Points / potential airdropLighter: Season 3 · farm board+$8 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.043% cheaper against Lighter than usual: you would sell low and buy high (spread −0.087% now, against its 7-day average of −0.044%). If the spread goes back, that is −$4 on $10k: about 5.7 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 | Lighter ORCL | 149.53 | 0.0032 | pay 0.0004% / 1h | 56m 14s | $474K | $50K | 10x |
| Short | QFEX ORCL-USD | 149.40 | 0.0057 | get 0.0007% / 1h | 56m 14s | $1.1M | $2.8M | 10x |
Lighter ORCL
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter. 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
- $5.22
- Price spread: −0.087% → −0.044%
- −$4.28
- Slippage, 4 orders
- −$29.16
- Fee Lighter: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$38.21
- Costs to cover
- 0.392%
- Break-even
- 58.2 days
Slippage from Lighter: live order book, 4 min ago; QFEX: live order book, 11 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 Lighter live order book, 4 min ago | 5.34 bp | 6.7 bp −$7 | 14.9 bp −$149 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 11 min ago | 1.67 bp | 6.7 bp −$7 | 6.7 bp −$67 | 12.1 bp −$1,210 | 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 | −0.0919% | 4h | 149.51 | −0.014% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | +0.025% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.080% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.51 | −0.013% | $52K | $22K | 20x | as long as short |
| Lighter ORCLlong | +0.0032% | 1h | 149.53 | long leg | $474K | $50K | 10x | |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | −0.060% | $622K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.314% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.42 | −0.074% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.54 | +0.007% | — | $67K | 25x | as long as short |
| Nado ORCL-PERP | +0.0047% | 1h | 149.34 | −0.127% | $92K | $18K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Nado ORCL-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.37 | −0.107% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.37 | −0.107% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.44 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.37 | −0.107% | $702K | $688K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0057% | 1h | 149.40 | −0.087% | $1.1M | $2.8M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.34 | −0.127% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.42 | −0.074% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0204% | 8h | 149.41 | −0.083% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0239% | 8h | 149.50 | −0.020% | $2.3M | $2.9M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.40 | −0.084% | $386K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0251% | 8h | 149.45 | −0.054% | $25.0M | $35.2M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0295% | 8h | 149.48 | −0.033% | $2K | $181K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0307% | 8h | 149.57 | +0.027% | $261K | $261K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0317% | 8h | 149.50 | −0.020% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0358% | 8h | 149.52 | −0.007% | $7.6M | $4.0M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0522% | 8h | 149.46 | −0.047% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0546% | 8h | 149.60 | +0.047% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.47 | −0.040% | $153K | $72K | 10x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL