Funding you earn now, next payment 04:00 UTC−0.0189%/8h= −20.7% APRpaid last 24h −0.078%
Price spread now: QFEX against Gate−0.073%7-day average −0.076% · 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−$49as in the Price arb table
costs, in and out, $10k−$490.493% of the position
Funding, last 4 days (all we have)−0.069%−$7 on $10k
+Price spread, last 7 days+0.027%+$3 · spread now −0.073%, 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: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.90 | 0.0269 | pay 0.0269% / 8h | 4h 13m | $2.3M | $3.0M | 25x |
| Short | QFEX ORCL-USD | 149.79 | 0.0080 | get 0.0010% / 1h | 13m 38s | $1.1M | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Gate. 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
- −$39.69
- Price spread: −0.073% → −0.076%
- $0.3
- Slippage, 4 orders
- −$24.32
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$88.71
- Costs to cover
- 0.493%
- Break-even
- never at this rate
Slippage from Gate: live order book, 4 min ago; QFEX: 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 Gate live order book, 4 min ago | 3.67 bp | 20.4 bp −$20 | 32.6 bp −$326 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 4 min ago | 1.67 bp | 6.7 bp −$7 | 7.9 bp −$79 | 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 | −0.0164% | 4h | 149.81 | −0.060% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.74 | −0.108% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.10 | +0.133% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.88 | −0.013% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.86 | −0.027% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.83 | −0.047% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.560% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.74 | −0.107% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.89 | −0.007% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.69 | −0.140% | $21.7M | $6.8M | 10x | 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 | 149.78 | −0.080% | $132K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.86 | −0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.60 | −0.200% | $708K | $716K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0056% | 8h | 149.90 | 0.000% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.78 | −0.081% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0080% | 1h | 149.79 | −0.073% | $1.1M | $2.2M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.87 | −0.020% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.85 | −0.033% | $191 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0249% | 8h | 149.84 | −0.041% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.87 | −0.022% | $2K | $177K | 10x | as long as short |
| Gate ORCL_USDTlong | +0.0269% | 8h | 149.90 | long leg | $2.3M | $3.0M | 25x | |
| Binance ORCLUSDT | +0.0325% | 8h | 149.82 | −0.054% | $25.2M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.79 | −0.070% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0372% | 8h | 149.86 | −0.027% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0396% | 8h | 149.84 | −0.040% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.77 | −0.087% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0747% | 8h | 149.89 | −0.007% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0755% | 8h | 149.91 | +0.007% | $47K | $43K | 20x | as long as short |
Gate ORCL_USDT
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT