Funding you earn now, next payment 06:00 UTC+0.0171%/8h= +18.7% APRpaid last 24h +0.030%
Price spread now: KuCoin against QFEX−0.033%7-day average +0.029% · 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−$249as in the Price arb table
costs, in and out, $10k−$2432.426% of the position
Funding, last 4 days (all we have)+0.100%+$10 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now −0.033%, 7d avg +0.029%
=Funding pays, the price is against you. KuCoin is 0.063% cheaper against QFEX than usual: you would sell low and buy high (spread −0.033% now, against its 7-day average of +0.029%). If the spread goes back, that is −$6 on $10k: about 29 hours of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.50 | 0.0058 | pay 0.0007% / 1h | 9m 51s | $1.1M | $2.1M | 10x |
| Short | KuCoin ORCLUSDTM | 149.45 | 0.0229 | get 0.0229% / 8h | 2h 09m | $240K | $285K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $35.88
- Price spread: −0.033% → +0.029%
- −$6.26
- Slippage, 4 orders
- −$220.61
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$213
- Costs to cover
- 2.426%
- Break-even
- 48.6 days
Slippage from QFEX: live order book, 2 min ago; KuCoin: live order book, 47 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, 2 min ago | 1.34 bp | 6.3 bp −$6 | 7.8 bp −$78 | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 47 min ago | 10.67 bp | 76.8 bp −$77 | doesn't fit | 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 | −0.0737% | 4h | 149.43 | −0.044% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.42 | −0.052% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.68 | +0.120% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.76 | +0.174% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.067% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.59 | +0.060% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.57 | +0.047% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.294% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.32 | −0.120% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.46 | −0.027% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.46 | −0.027% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.44 | −0.040% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.57 | +0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.37 | −0.087% | $694K | $886K | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0058% | 1h | 149.50 | long leg | $1.1M | $2.1M | 10x | |
| Nado ORCL-PERP | +0.0061% | 1h | 149.34 | −0.109% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.41 | −0.060% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.57 | +0.047% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0154% | 8h | 149.23 | −0.181% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.50 | +0.003% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTMshort | +0.0229% | 8h | 149.45 | −0.033% | $240K | $285K | 20x | |
| Gate ORCL_USDT | +0.0249% | 8h | 149.65 | +0.100% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0279% | 8h | 149.61 | +0.076% | $25.0M | $35.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0280% | 1h | 149.57 | +0.047% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0303% | 8h | 149.65 | +0.100% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.37 | −0.087% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0629% | 8h | 149.69 | +0.127% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0651% | 8h | 149.56 | +0.040% | $47K | $43K | 20x | as long as short |
KuCoin ORCLUSDTM
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
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT