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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.093%
Price spread now: Bitget against QFEX+0.074%7-day average +0.082% · you sell dearer than you buy
Net, funding: paid 7d − costsunder 7 days of funding history
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$400.401% of the position
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)+0.117%+$12 on $10k
Price spread, last 7 days−0.007%−$1 · spread now +0.074%, 7d avg +0.082%
Together, before fees+0.110%+$11 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.082%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate. Mind the row above: over the last 4 days funding on this pair paid +0.117%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.540.0058pay 0.0007% / 1h48m 13s$1.1M$2.1M10x
ShortBitget ORCLUSDT149.650get 0.0000% / 8h2h 48m$7.7M$3.8M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bitget against QFEX. 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
−$12.21
Price spread: +0.074% → +0.082%
−$0.82
Slippage, 4 orders
−$18.07
Fee QFEX: 5 bp × 2 orders
−$10
Fee Bitget: 6 bp × 2 orders
−$12
Net
−$53.11
Costs to cover
0.401%
Break-even
never at this rate
Slippage from QFEX: live order book, 4 min ago; Bitget: live order book, 5 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy QFEX live order book, 4 min ago1.67 bp6.7 bp −$79.8 bp −$98doesn't fitdoesn't fit
Sell Bitget live order book, 5 min ago1.67 bp11.0 bp −$1127.1 bp −$271doesn't fitdoesn't fit

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−0.0874%4h149.70+0.104%$28K$214K10xas long as short
Aster ORCLUSDT0.0000%8h149.63+0.063%$94K$16K20xas long as short
Bitget ORCLUSDTshort0.0000%8h149.65+0.074%$7.7M$3.8M20x
SunX ORCL-USDT0.0000%8h149.79+0.167%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.63+0.060%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.540.000%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.55+0.007%$624K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.321%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.51−0.020%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.57+0.020%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.43−0.074%$21.6M$6.9M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.50−0.027%$131K$92K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.55+0.007%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.540.000%$711K$790K10xas long as short
QFEX ORCL-USDlong+0.0058%1h149.54long leg$1.1M$2.1M10x
Nado ORCL-PERP+0.0065%1h149.43−0.073%$88K$22K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.540.000%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.540.000%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0185%8h149.64+0.070%$1K$175K10xas long as short
Variational Omni ORCL+0.0225%8h149.69+0.100%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0302%8h149.56+0.016%$25.1M$35.7M20xas long as short
Extended ORCL_24_5-USD+0.0304%1h149.52−0.013%$388K$1.6M10xas long as short
KuCoin ORCLUSDTM+0.0313%8h149.65+0.074%$261K$278K20xas long as short
Gate ORCL_USDT+0.0323%8h149.61+0.047%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0341%8h149.55+0.007%$5.0M$5.9M20xas long as short
Phoenix ORCL+0.0428%1h149.67+0.087%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0665%8h149.58+0.027%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0665%8h149.72+0.120%$47K$43K20xas long as short