ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0199%/8h= +21.8% APRnext payment +$0.25 per $10,000 · paid last 24h +0.047%

Price spread now: Extended against QFEX−0.034%7-day average +0.036% · 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−$34as in the Price arb table

costs, in and out, $10k−$270.273% of the position

Long on QFEX Short on Extended

What this pair did over the last

the charts below follow

Funding, last 4 days (all we have)+0.068%+$7 on $10k

Price spread, last 7 days+0.086%+$9 · spread now −0.034%, 7d avg +0.036%

Together, before fees+0.154%+ Points / potential airdropExtended: Active · farm board+$15 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.070% cheaper against QFEX than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of +0.036%). If the spread goes back, that is −$7 on $10k: about 28 hours of funding at the current rate (+$6 a day). At the pace of the last 4 days (+0.068% in total) that is about 3.8 days.

The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.068% in total (about 6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$0.25 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	QFEX ORCL-USD	149.33	0.0065	pay 0.0008% / 1h	39m 14s	$1.1M	$2.0M	10x
Short	Extended ORCL_24_5-USD	149.28	0.0264	get 0.0033% / 1h	39m 14s	$388K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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

Position, each leg$Hold fordaysFee QFEXbpFee ExtendedbpOrdersPrice spread, now −0.034%Rate

Funding earned: $41.76
Price spread: −0.034% → +0.036%: −$6.97
Slippage, 4 orders: −$12.3
Fee QFEX: 5 bp × 2 orders: −$10
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $7.5
Costs to cover: 0.273%
Break-even: 5.7 days

Slippage from QFEX: live order book, 3 min ago; Extended: live order book, 4 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 QFEX live order book, 3 min ago	1.34 bp	6.3 bp −$6	7.2 bp −$72	doesn't fit	doesn't fit
Sell Extended live order book, 4 min ago	0.67 bp	7.2 bp −$7	47.5 bp −$475	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	−0.0446%	4h	149.40	+0.050%	$28K	$213K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.19	−0.091%	$98K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.43	+0.067%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.56	+0.154%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.57	+0.161%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.41	+0.054%	$475K	$52K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.32	−0.007%	$622K	$322K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.181%	$20K	$9K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.31	−0.013%	$86K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.41	+0.054%	—	$67K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USD	+0.0050%	1h	149.24	−0.060%	$131K	$92K	10x	as long as short
SoDEX ORCL-USD	+0.0050%	1h	149.33	0.000%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.21	−0.080%	$699K	$894K	10x	as long as short
tradeXYZ xyz:ORCL	+0.0053%	1h	149.20	−0.087%	$21.6M	$6.9M	10x	as long as short
QFEX ORCL-USDlong	+0.0065%	1h	149.33	long leg	$1.1M	$2.0M	10x
Nado ORCL-PERP	+0.0071%	1h	149.22	−0.076%	$88K	$22K	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.30	−0.020%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.27	−0.040%	$190	—	10x	as long as short
KuCoin ORCLUSDTM	+0.0165%	8h	149.34	+0.007%	$240K	$281K	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0169%	8h	149.42	+0.062%	$1K	$163K	10x	as long as short
Variational Omni ORCL	+0.0175%	8h	149.40	+0.046%	$1.2M	$423K	—	as long as short
Gate ORCL_USDT	+0.0241%	8h	149.38	+0.033%	$2.3M	$3.0M	25x	as long as short
OKX ORCL-USDT-SWAP	+0.0263%	8h	149.33	0.000%	$4.9M	$6.0M	20x	as long as short
Extended ORCL_24_5-USDshort	+0.0264%	1h	149.28	−0.034%	$388K	$1.6M	10x
Binance ORCLUSDT	+0.0265%	8h	149.32	−0.008%	$24.9M	$36.8M	20x	as long as short
Phoenix ORCL	+0.0429%	1h	149.35	+0.013%	$153K	$75K	10x	as long as short
BloFin ORCL-USDT	+0.0578%	8h	149.39	+0.040%	$47K	$44K	20x	as long as short
Bybit ORCLUSDT	+0.0597%	8h	149.34	+0.007%	$4.1M	$1.9M	50x	as long as short