Funding you earn now, next payment 05:00 UTC+0.0035%/8h= +3.8% APRnext payment +$0.04 per $10,000 · paid last 24h +0.008%
Price spread now: QFEX against Lighter RH−0.013%7-day average +0.039% · 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−$24as in the Price arb table
costs, in and out, $10k−$190.187% of the position
Funding, last 4 days (all we have)0.000%$0 on $10k
+Price spread, last 4 days (all we have)+0.142%+$14 · spread now −0.013%, 7d avg +0.039%
=Together, before fees+0.142%+ Points / potential airdropLighter RH: Points live · farm board+$14 on $10k · with fees, hour by hour
Funding pays, the price is against you. QFEX is 0.052% cheaper against Lighter RH than usual: you would sell low and buy high (spread −0.013% now, against its 7-day average of +0.039%). If the spread goes back, that is −$5 on $10k: about 5.0 days of funding at the current rate (+$1 a day). At the pace of the last 4 days (0.000% in total) that is about 23 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Lighter RH ORCL | 149.80 | 0.0032 | pay 0.0004% / 1h | 4m 21s | $625K | $317K | 10x |
| Short | QFEX ORCL-USD | 149.78 | 0.0067 | get 0.0008% / 1h | 4m 21s | $1.1M | $2.1M | 10x |
Lighter RH ORCL
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Lighter RH. 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
- $7.32
- Price spread: −0.013% → +0.039%
- −$5.22
- Slippage, 4 orders
- −$8.74
- Fee Lighter RH: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$16.63
- Costs to cover
- 0.187%
- Break-even
- 22.9 days
Slippage from Lighter RH: live order book, 48 min ago; QFEX: live order book, 3 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 RH live order book, 48 min ago | 1.34 bp | 2.3 bp −$2 | 9.6 bp −$96 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 3 min ago | 1.67 bp | 6.7 bp −$7 | 8.6 bp −$86 | 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 | −0.0308% | 4h | 149.63 | −0.113% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.85 | +0.032% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.89 | +0.060% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.02 | +0.147% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.83 | +0.020% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCLlong | +0.0032% | 1h | 149.80 | long leg | $625K | $317K | 10x | |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.494% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.67 | −0.087% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.82 | +0.013% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter 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 | 149.67 | −0.087% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.75 | −0.033% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.76 | −0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.56 | −0.160% | $704K | $797K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0067% | 1h | 149.78 | −0.013% | $1.1M | $2.1M | 10x | |
| Nado ORCL-PERP | +0.0069% | 1h | 149.66 | −0.094% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.74 | −0.040% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.78 | −0.013% | $191 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0191% | 8h | 149.74 | −0.039% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0234% | 8h | 149.82 | +0.013% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.79 | −0.006% | $388K | $1.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0313% | 8h | 149.84 | +0.027% | $25.1M | $35.6M | 20x | as long as short |
| Gate ORCL_USDT | +0.0328% | 8h | 149.90 | +0.067% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0332% | 8h | 149.80 | 0.000% | $261K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0355% | 8h | 149.82 | +0.013% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.59 | −0.140% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0656% | 8h | 149.86 | +0.040% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0681% | 8h | 149.90 | +0.067% | $4.1M | $1.8M | 50x | 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
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT