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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 03:00 UTC−0.0059%/8h= −6.4% APRpaid last 24h −0.018%
Price spread now: HTX against QFEX−0.040%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 4 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and HTX is 0.040% cheaper against QFEX than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongQFEX ORCL-USD149.380.0059pay 0.0007% / 1h24m 55s$1.1M$2.6M10x
ShortHTX ORCL-USDT149.320get 0.0000% / 8h5h 24m$52K$23K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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
−$12.35
Price spread: −0.040% → 0.000%
−$4.02
Slippage, 4 orders
no order book: not counted
Fee QFEX: 5 bp × 2 orders
−$10
Fee HTX: 6 bp × 2 orders
−$12
Net
−$38.36
Costs to cover
0.220%
Break-even
never at this rate
Slippage unknown: QFEX: live order book, 3 min ago; HTX: no order-book sample. Net counts fees only.

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, 3 min ago1.67 bp6.7 bp −$77.6 bp −$76doesn't fitdoesn't fit
Sell HTX no order-book sample
HTX: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

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−0.0327%4h149.36−0.012%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.24−0.093%$93K$16K20xas long as short
SunX ORCL-USDT0.0000%8h149.65+0.181%$2K$2.7M10xas long as short
HTX ORCL-USDTshort0.0000%8h149.32−0.040%$52K$23K20x
Lighter ORCL+0.0032%1h149.46+0.054%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.39+0.007%$621K$318K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.214%$20K$12K12xas long as short
Bitget ORCLUSDT+0.0040%8h149.52+0.094%$7.7M$4.0M20xas long as short
Arcus ORCL-USD+0.0040%1h149.32−0.040%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.39+0.007%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.28−0.067%$21.5M$6.8M10xas long as short
Polymarket Perps ORCL-USD+0.0050%1h149.35−0.020%$131K$90K10xas long as short
SoDEX ORCL-USD+0.0050%1h149.40+0.013%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.24−0.094%$698K$723K10xas long as short
Gate ORCL_USDT+0.0055%8h149.46+0.054%$2.3M$2.9M25xas long as short
QFEX ORCL-USDlong+0.0059%1h149.38long leg$1.1M$2.6M10x
Nado ORCL-PERP+0.0073%1h149.25−0.087%$92K$18K10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.41+0.020%$22K$267K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.41+0.020%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0164%8h149.39+0.007%$2K$179K10xas long as short
Variational Omni ORCL+0.0184%8h149.41+0.023%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0256%1h149.37−0.005%$387K$1.3M10xas long as short
Binance ORCLUSDT+0.0257%8h149.43+0.032%$24.9M$35.4M20xas long as short
OKX ORCL-USDT-SWAP+0.0339%8h149.43+0.033%$4.9M$5.5M20xas long as short
KuCoin ORCLUSDTM+0.0343%8h149.54+0.107%$260K$269K20xas long as short
Phoenix ORCL+0.0536%1h149.27−0.074%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0561%8h149.50+0.080%$3.7M$1.5M50xas long as short
BloFin ORCL-USDT+0.0577%8h149.48+0.067%$47K$43K20xas long as short