Funding you earn now, next payment 06:00 UTC−0.0058%/8h= −6.4% APRpaid last 24h +0.093%
Price spread now: Bitget against QFEX+0.060%46s7-day average +0.082% · 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—prices read too far apart to compare
costs, in and out, $10k−$430.426% of the position
Funding, last 4 days (all we have)+0.117%+$12 on $10k
+Price spread, last 7 days+0.006%+$1 · spread now +0.060%, 7d avg +0.082%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.022% cheaper against QFEX than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.082%). Swap the legs. Mind the row above: over the last 4 days funding on this pair paid +0.117%, so the current rate has only just turned against you. 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 | 149.47 | 0.0058 | pay 0.0007% / 1h | 5m 48s | $1.1M | $2.1M | 10x |
| Short | Bitget ORCLUSDT | 149.56 | 0 | get 0.0000% / 8h | 2h 05m | $7.7M | $3.7M | 20x |
QFEX ORCL-USD
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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
- −$12.21
- Price spread: +0.060% → +0.082%
- −$2.16
- Slippage, 4 orders
- −$20.64
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$57.01
- Costs to cover
- 0.426%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 6 min ago; Bitget: live order book, 3 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, 6 min ago | 1.34 bp | 6.3 bp −$6 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell Bitget live order book, 3 min ago | 2.01 bp | 14.9 bp −$15 | 27.2 bp −$272 | 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 | −0.0025% | 4h | 149.52 | +0.033% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | −0.051% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.56 | +0.060% | $7.7M | $3.7M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.69 | +0.147% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.054% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.033% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.49 | +0.013% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.274% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.36 | −0.074% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.55 | +0.054% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster 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 | 149.39 | −0.054% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.40 | −0.047% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.48 | +0.007% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | −0.140% | $695K | $885K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0058% | 1h | 149.47 | long leg | $1.1M | $2.1M | 10x | |
| Nado ORCL-PERP | +0.0059% | 1h | 149.36 | −0.073% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | −0.047% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.47 | 0.000% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.53 | +0.041% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0188% | 8h | 149.45 | −0.011% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0224% | 8h | 149.57 | +0.067% | $240K | $284K | 20x | as long as short |
| Gate ORCL_USDT | +0.0248% | 8h | 149.54 | +0.047% | $2.3M | $3.1M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.44 | −0.019% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0276% | 8h | 149.49 | +0.011% | $25.0M | $35.9M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0299% | 8h | 149.50 | +0.020% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.36 | −0.074% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0626% | 8h | 149.56 | +0.060% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0631% | 8h | 149.56 | +0.060% | $47K | $44K | 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
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT