Funding you earn now, next payment 04:00 UTC−0.0030%/8h= −3.3% APRnext payment −$0.04 per $10,000 · paid last 24h −0.003%
Price spread now: Polymarket Perps against QFEX−0.040%7-day average −0.051% · 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−$25as in the Price arb table
costs, in and out, $10k−$260.260% of the position
Funding, last 4 days (all we have)+0.033%+$3 on $10k
+Price spread, last 7 days−0.160%−$16 · spread now −0.040%, 7d avg −0.051%
=The price spread sits at its 7-day average of −0.051%, so right now this pair is about funding alone: −$1 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | QFEX ORCL-USD | 149.72 | 0.0080 | pay 0.0010% / 1h | 35m 38s | $1.1M | $2.3M | 10x |
| Short | Polymarket Perps ORCL-USD | 149.66 | 0.0050 | get 0.0006% / 1h | 35m 38s | $131K | $90K | 10x |
QFEX ORCL-USD
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$6.3
- Price spread: −0.040% → −0.051%
- $1.11
- Slippage, 4 orders
- −$7.97
- Fee QFEX: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$31.16
- Costs to cover
- 0.260%
- Break-even
- never at this rate
Slippage from QFEX: live order book, 2 min ago; Polymarket Perps: live order book, 21 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 | 1.67 bp | 6.7 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 21 min ago | 1.34 bp | 5.3 bp −$5 | 6.5 bp −$65 | 12.9 bp −$1,290 | 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 | −0.0176% | 4h | 149.69 | −0.019% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | −0.084% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.00 | +0.187% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.79 | +0.047% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.70 | −0.013% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.75 | +0.020% | $624K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.441% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.63 | −0.060% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.73 | +0.007% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.66 | −0.040% | $131K | $90K | 10x |
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 | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.75 | +0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.61 | −0.073% | $703K | $718K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0053% | 8h | 149.82 | +0.067% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.60 | −0.083% | $91K | $20K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0064% | 1h | 149.66 | −0.040% | $21.6M | $6.8M | 10x | as long as short |
| QFEX ORCL-USDlong | +0.0080% | 1h | 149.72 | long leg | $1.1M | $2.3M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.72 | 0.000% | $22K | $265K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.72 | 0.000% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0186% | 8h | 149.79 | +0.047% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0243% | 8h | 149.78 | +0.043% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0260% | 8h | 149.75 | +0.019% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.76 | +0.027% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0317% | 8h | 149.79 | +0.049% | $25.1M | $35.6M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0384% | 8h | 149.75 | +0.020% | $262K | $275K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0401% | 8h | 149.80 | +0.053% | $5.0M | $5.7M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.67 | −0.033% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0718% | 8h | 149.87 | +0.100% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0757% | 8h | 149.88 | +0.107% | $4.1M | $1.8M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Bitget ORCLUSDT
Nado ORCL-PERP
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT