Funding you earn now, next payment 05:00 UTC+0.0033%/8h= +3.6% APRnext payment +$0.04 per $10,000 · paid last 24h +0.012%
Price spread now: ApeX Omni against QFEX+0.020%7-day average −0.006% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$50as in the Price arb table
costs, in and out, $10k−$530.525% of the position
Funding, last 4 days (all we have)+0.074%+$7 on $10k
+Price spread, last 4 days (all we have)+0.141%+$14 · spread now +0.020%, 7d avg −0.006%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and ApeX Omni is 0.026% dearer against QFEX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.006%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.54 | 0.0067 | pay 0.0008% / 1h | 41m 25s | $1.1M | $2.1M | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.57 | 0.0100 | get 0.0013% / 1h | 41m 25s | $22K | $262K | 50x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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
- $6.96
- Price spread: +0.020% → −0.006%
- $2.63
- Slippage, 4 orders
- −$32.54
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.96
- Costs to cover
- 0.525%
- Break-even
- 50.2 days
Slippage from QFEX: live order book, 11 min ago; ApeX Omni: live order book, 10 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 QFEX live order book, 11 min ago | 1.67 bp | 6.7 bp −$7 | 7.5 bp −$75 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 10 min ago | 8.69 bp | 19.3 bp −$19 | 186.4 bp −$1,864 | 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 | −0.0509% | 4h | 149.69 | +0.097% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.43 | −0.072% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.68 | +0.094% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.90 | +0.241% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.187% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.67 | +0.087% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.56 | +0.013% | $624K | $315K | 10x | as long as short |
| Nado ORCL-PERP | +0.0033% | 1h | 149.45 | −0.063% | $91K | $20K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.321% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.57 | +0.020% | $87K | $79K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.62 | +0.053% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.43 | −0.074% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.50 | −0.027% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.68 | +0.094% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.55 | +0.007% | $703K | $724K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0067% | 1h | 149.54 | long leg | $1.1M | $2.1M | 10x | |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.57 | +0.020% | $22K | $262K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.53 | −0.007% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0214% | 8h | 149.67 | +0.087% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0245% | 8h | 149.69 | +0.100% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0298% | 8h | 149.59 | +0.033% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0320% | 1h | 149.51 | −0.023% | $390K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0322% | 8h | 149.54 | −0.001% | $25.2M | $35.3M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0358% | 8h | 149.70 | +0.107% | $261K | $279K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0387% | 8h | 149.62 | +0.053% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.57 | +0.020% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0707% | 8h | 149.77 | +0.154% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0719% | 8h | 149.62 | +0.053% | $4.1M | $1.8M | 50x | as long as short |
ApeX Omni ORACLEUSDT
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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
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
BloFin ORCL-USDT
Bybit ORCLUSDT