Funding you earn now, next payment 07:00 UTC−0.0097%/8h= −10.7% APRpaid last 24h −0.019%
Price spread now: QFEX against Variational Omni−0.006%7-day average −0.046% · 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)−0.009%−$1 on $10k
+Price spread, last 7 days−0.010%−$1 · spread now −0.006%, 7d avg −0.046%
=Together, before fees−0.019%+ Points / potential airdropVariational Omni: Active · farm board−$2 on $10k · with fees, hour by hour
The price spread pays, funding is against you. QFEX is 0.040% dearer against Variational Omni than usual: you sell high and buy low (spread −0.006% now, against its 7-day average of −0.046%): +$4 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 4 days (−0.009% in total) that is about 15 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 149.41 | 0.0163 | pay 0.0163% / 8h | 1h 16m | $1.2M | $423K | — |
| Short | QFEX ORCL-USD | 149.40 | 0.0065 | get 0.0008% / 1h | 16m 20s | $1.1M | $2.0M | 10x |
Variational Omni ORCL
QFEX ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
QFEX against Variational Omni. 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
- −$20.45
- Price spread: −0.006% → −0.046%
- $3.99
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee QFEX: 5 bp × 2 orders
- −$10
- Net
- −$26.46
- Costs to cover
- 0.100%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 3 min ago; QFEX: live order book, 6 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 Variational Omni RFQ quote, 3 min ago | 3.05 bp | doesn't fit | 52.5 bp −$525 | doesn't fit | doesn't fit |
| Sell QFEX live order book, 6 min ago | 1.67 bp | 6.7 bp −$7 | 9.0 bp −$90 | 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 | −0.0171% | 4h | 149.36 | −0.035% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.22 | −0.126% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.47 | +0.041% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.64 | +0.155% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.048% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.45 | +0.028% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.37 | −0.026% | $622K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.233% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.29 | −0.080% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.38 | −0.019% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget 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 | 149.26 | −0.100% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.34 | −0.046% | $131K | $92K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | −0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.19 | −0.146% | $699K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.22 | −0.125% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USDshort | +0.0065% | 1h | 149.40 | −0.006% | $1.1M | $2.0M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.32 | −0.059% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.36 | −0.033% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0130% | 8h | 149.38 | −0.019% | $240K | $278K | 20x | as long as short |
| Variational Omni ORCLlong | +0.0163% | 8h | 149.41 | long leg | $1.2M | $423K | — | |
| GRVT ORCL_USDT_Perp | +0.0168% | 8h | 149.41 | −0.001% | $1K | $162K | 10x | as long as short |
| Gate ORCL_USDT | +0.0217% | 8h | 149.47 | +0.041% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0245% | 8h | 149.45 | +0.028% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.41 | −0.001% | $24.9M | $36.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.37 | −0.028% | $388K | $1.4M | 10x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.32 | −0.059% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0550% | 8h | 149.45 | +0.028% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0576% | 8h | 149.45 | +0.028% | $4.1M | $1.9M | 50x | 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
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT