Funding you earn now, next payment 05:00 UTC+0.0256%/8h= +28.0% APRpaid last 24h +0.078%
Price spread now: Gate against QFEX+0.067%7-day average +0.076% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$490.490% of the position
Funding, last 4 days (all we have)+0.068%+$7 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now +0.067%, 7d avg +0.076%
=The price spread sits at its 7-day average of +0.076%, so right now this pair is about funding alone: +$8 a day on $10k at the current rate.
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 6.8% a year). A funding rate is set anew for every payment. 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 | 149.67 | 0.0067 | pay 0.0008% / 1h | 7m 14s | $1.1M | $2.1M | 10x |
| Short | Gate ORCL_USDT | 149.77 | 0.0323 | get 0.0323% / 8h | 3h 07m | $2.3M | $3.0M | 25x |
QFEX ORCL-USD
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate against QFEX. 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
- $53.79
- Price spread: +0.067% → +0.076%
- −$0.94
- Slippage, 4 orders
- −$23.96
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- $3.89
- Costs to cover
- 0.490%
- Break-even
- 6.5 days
Slippage from QFEX: live order book, 5 min ago; Gate: live order book, 1 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, 5 min ago | 1.67 bp | 6.7 bp −$7 | 7.3 bp −$73 | doesn't fit | doesn't fit |
| Sell Gate live order book, 1 min ago | 2.67 bp | 14.6 bp −$15 | 22.4 bp −$224 | 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 | −0.027% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.75 | +0.051% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.80 | +0.087% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.98 | +0.207% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.033% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | +0.020% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.70 | +0.020% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.408% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.60 | −0.047% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | +0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH 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 | 149.55 | −0.080% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.64 | −0.020% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.69 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.107% | $703K | $790K | 10x | as long as short |
| Nado ORCL-PERP | +0.0065% | 1h | 149.57 | −0.066% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0067% | 1h | 149.67 | long leg | $1.1M | $2.1M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.58 | −0.060% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.65 | −0.013% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0192% | 8h | 149.67 | 0.000% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.65 | −0.012% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0311% | 8h | 149.75 | +0.053% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.71 | +0.027% | $388K | $813K | 10x | as long as short |
| Gate ORCL_USDTshort | +0.0323% | 8h | 149.77 | +0.067% | $2.3M | $3.0M | 25x | |
| KuCoin ORCLUSDTM | +0.0333% | 8h | 149.77 | +0.067% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0355% | 8h | 149.75 | +0.053% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.60 | −0.047% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0657% | 8h | 149.74 | +0.047% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0676% | 8h | 149.77 | +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
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT