Funding you earn now, next payment 01:00 UTC−0.0041%/8h= −4.5% APRnext payment −$0.05 per $10,000 · paid last 24h +0.022%
Price spread now: Injective against QFEX−0.334%105s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.334% cheaper against QFEX than usual: you would sell low and buy high (−$33 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 105 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.56 | 0.0075 | pay 0.0009% / 1h | 47m 40s | $1.1M | $2.9M | 10x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 47m 40s | $20K | $12K | 12x |
QFEX ORCL-USD
Injective ORCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$8.67
- Price spread: −0.334% → 0.000%
- −$33.43
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$52.13
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: QFEX: live order book, 5 min ago; Injective: 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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy QFEX live order book, 5 min ago | 1.34 bp | 7.2 bp −$7 | 10.1 bp −$101 | doesn't fit | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: 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.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| edgeX ORCLUSDC | −0.0694% | 4h | 149.52 | −0.024% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.62 | +0.042% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.87 | +0.207% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.100% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.67 | +0.074% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.59 | +0.020% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.334% | $20K | $12K | 12x | |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.56 | 0.000% | — | $127K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.61 | +0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.39 | −0.114% | $702K | $700K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0051% | 1h | 149.43 | −0.086% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0075% | 1h | 149.56 | long leg | $1.1M | $2.9M | 10x | |
| Polymarket Perps ORCL-USD | +0.0099% | 1h | 149.54 | −0.013% | $131K | $93K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.227% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.57 | +0.007% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0143% | 8h | 149.30 | −0.173% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0189% | 8h | 149.65 | +0.060% | $2.3M | $2.9M | 25x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0190% | 8h | 149.36 | −0.132% | $1K | $192K | 10x | as long as short |
| Binance ORCLUSDT | +0.0199% | 8h | 149.60 | +0.027% | $25.1M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0200% | 1h | 149.57 | +0.006% | $386K | $1.6M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0210% | 1h | 149.46 | −0.067% | $21.5M | $7.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0293% | 8h | 149.55 | −0.007% | $261K | $252K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0322% | 8h | 149.65 | +0.060% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0411% | 8h | 149.66 | +0.067% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.41 | −0.100% | $87K | $80K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0583% | 8h | 149.35 | −0.140% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0612% | 8h | 149.67 | +0.074% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.31 | −0.167% | $150K | $84K | 10x | as long as short |
Nado ORCL-PERP
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL