Funding you earn now, next payment 05:00 UTC+0.0034%/8h= +3.7% APRnext payment +$0.04 per $10,000 · paid last 24h −0.011%
Price spread now: QFEX against Injective+0.517%105s7-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 QFEX is 0.517% dearer against Injective than usual: you sell high and buy low: +$52 more if the spread goes back to zero (this spread has no 7-day history yet). 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 | Injective ORCL/USDC PERP | 149.06 | 0.0033 | pay 0.0004% / 1h | 15m 32s | $20K | $12K | 12x |
| Short | QFEX ORCL-USD | 149.83 | 0.0067 | get 0.0008% / 1h | 15m 32s | $1.1M | $2.1M | 10x |
Injective ORCL/USDC PERP
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Injective. 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
- $7.04
- Price spread: +0.517% → 0.000%
- $51.66
- Slippage, 4 orders
- no order book: not counted
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- $48.68
- Costs to cover
- 0.100%
- Break-even
- from the start
Slippage unknown: Injective: no order-book sample; QFEX: live order book, 2 min ago. 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 Injective no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 2 min ago | 2.34 bp | 7.3 bp −$7 | 8.4 bp −$84 | doesn't fit | doesn't fit |
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 | −0.0154% | 4h | 149.82 | +0.512% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.87 | +0.544% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.94 | +0.590% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.12 | +0.711% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.85 | +0.530% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.90 | +0.564% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.88 | +0.550% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERPlong | +0.0033% | 1h | 149.06 | long leg | $20K | $12K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.74 | +0.456% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.85 | +0.530% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
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 | 149.74 | +0.456% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.78 | +0.483% | $131K | $91K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.84 | +0.523% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.68 | +0.416% | $708K | $785K | 10x | as long as short |
| Nado ORCL-PERP | +0.0063% | 1h | 149.74 | +0.454% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0067% | 1h | 149.83 | +0.517% | $1.1M | $2.1M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.90 | +0.564% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.84 | +0.523% | $191 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0207% | 8h | 149.90 | +0.565% | $2K | $176K | 10x | as long as short |
| Variational Omni ORCL | +0.0244% | 8h | 149.87 | +0.543% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0319% | 8h | 149.91 | +0.570% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.82 | +0.509% | $388K | $1.2M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.88 | +0.549% | $25.2M | $35.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0354% | 8h | 149.83 | +0.517% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0370% | 8h | 149.86 | +0.537% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.72 | +0.443% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0698% | 8h | 149.94 | +0.590% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0721% | 8h | 149.87 | +0.543% | $47K | $43K | 20x | 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
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT