Funding you earn now, next payment 19:00 UTC−0.0040%/8h= −4.4% APRpaid last 24h −0.012%
Price spread now: QFEX against Orderly−0.053%7-day average — · you buy dearer than you sell
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 against this trade now: funding costs −$1 a day on $10k at the current rate, and QFEX is 0.053% cheaper against Orderly than usual: you would sell low and buy high (−$5 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 150.52 | 0.0100 | pay 0.0100% / 8h | 5h 04m | $191 | — | 10x |
| Short | QFEX ORCL-USD | 150.44 | 0.0060 | get 0.0007% / 1h | 4m 40s | $1.3M | $1.9M | 10x |
Orderly PERP_ORCL_USDC_mythos
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Orderly. 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
- −$8.48
- Price spread: −0.053% → 0.000%
- −$5.31
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$29.8
- Costs to cover
- 0.160%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; QFEX: live order book, 5 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 Orderly no order-book sample | — | — | — | — | — |
| Sell QFEX live order book, 5 min ago | 2.00 bp | 7.0 bp −$7 | 7.3 bp −$73 | 16.9 bp −$1,685 | doesn't fit |
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 exchanges
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 | −0.0220% | 4h | 150.40 | −0.077% | $29K | $259K | 10x | as long as short |
| Nado ORCL-PERP | −0.0201% | 1h | 150.31 | −0.143% | $78K | $10K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 150.57 | +0.035% | $106K | $25K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 150.41 | −0.076% | $382K | $3.2M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 150.41 | −0.072% | $25.5M | $41.8M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 150.49 | −0.020% | $2.4M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 150.47 | −0.035% | $1.2M | $333K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 150.41 | −0.070% | $2K | $88K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.68 | +0.106% | $3K | $875K | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 150.44 | −0.053% | $48K | $54K | 20x | as long as short |
edgeX ORCLUSDC
Nado ORCL-PERP
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDTShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ORCL-USDT-SWAP | +0.0018% | 8h | 150.37 | −0.100% | $5.0M | $6.4M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 150.46 | −0.040% | $480K | $49K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 150.44 | −0.053% | $614K | $412K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.04 | −0.983% | $20K | $107K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 150.35 | −0.113% | $90K | $61K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.42 | −0.066% | — | $63K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.31 | −0.140% | $20.0M | $6.7M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 150.42 | −0.066% | $105K | $174K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 150.54 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.30 | −0.146% | $640K | $1.1M | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0060% | 1h | 150.44 | −0.053% | $1.3M | $1.9M | 10x | |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.36 | −0.106% | $249K | $969K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.34 | −0.120% | $23K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 150.52 | long leg | $191 | — | 10x | |
| BloFin ORCL-USDT | +0.0216% | 8h | 150.55 | +0.020% | $50K | $49K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0222% | 8h | 150.44 | −0.053% | $4.0M | $2.2M | 50x | as long as short |
| Bitget ORCLUSDT | +0.0386% | 8h | 150.43 | −0.060% | $8.0M | $2.5M | 20x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 150.33 | −0.126% | $159K | $191K | 10x | as long as short |
OKX ORCL-USDT-SWAP
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Bitget ORCLUSDT
Phoenix ORCL