Funding you earn now, next payment 08:00 UTC+0.0043%/8h= +4.7% APRpaid last 24h +0.012%
Price spread now: Orderly against QFEX+0.040%46s7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 4 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 for this trade now. Funding pays +$1 a day on $10k at the current rate, and Orderly is 0.040% dearer against QFEX than usual: you sell high and buy low: +$4 more if the spread goes back to zero (this spread has no 7-day history yet). The two prices were read 46 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 | 149.12 | 0.0057 | pay 0.0007% / 1h | 7m 31s | $1.1M | $2.0M | 10x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.18 | 0.0100 | get 0.0100% / 8h | 7m 31s | $190 | — | 10x |
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythosFunding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- $9.04
- Price spread: +0.040% → 0.000%
- $4.02
- Slippage, 4 orders
- no order book: not counted
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$2.94
- Costs to cover
- 0.160%
- Break-even
- 9.3 days
Slippage unknown: QFEX: live order book, 5 min ago; Orderly: 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 | 1.67 bp | 6.8 bp −$7 | 8.8 bp −$88 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0249% | 4h | 149.25 | +0.084% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.27 | +0.101% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.19 | +0.047% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.241% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.134% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.17 | +0.034% | $476K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.11 | −0.007% | $622K | $320K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.040% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.12 | 0.000% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.22 | +0.067% | — | $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 | 149.01 | −0.074% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.07 | −0.034% | $131K | $81K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.17 | +0.034% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.94 | −0.121% | $711K | $878K | 10x | as long as short |
| Nado ORCL-PERP | +0.0053% | 1h | 148.99 | −0.088% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0057% | 1h | 149.12 | long leg | $1.1M | $2.0M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.20 | +0.054% | $241K | $278K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.25 | +0.087% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.18 | +0.040% | $190 | — | 10x | |
| Variational Omni ORCL | +0.0174% | 8h | 149.22 | +0.065% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0187% | 8h | 149.30 | +0.118% | $1K | $155K | 10x | as long as short |
| Gate ORCL_USDT | +0.0203% | 8h | 149.23 | +0.074% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0216% | 8h | 149.15 | +0.020% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.09 | −0.023% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.13 | +0.007% | $25.1M | $36.9M | 20x | as long as short |
| Phoenix ORCL | +0.0483% | 1h | 149.16 | +0.027% | $152K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0547% | 8h | 149.15 | +0.020% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0569% | 8h | 149.26 | +0.094% | $47K | $45K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT