Funding you earn now, next payment 05:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni−0.060%63s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$64as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$550.549% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.018%+$2 · spread now −0.060%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.023% cheaper against ApeX Omni than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 63 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 | ApeX Omni ORACLEUSDT | 149.66 | 0.0100 | pay 0.0013% / 1h | 25m 31s | $22K | $263K | 50x |
| Short | Polymarket Perps ORCL-USD | 149.57 | 0.0050 | get 0.0006% / 1h | 25m 31s | $131K | $91K | 10x |
ApeX Omni ORACLEUSDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX 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
- −$10.5
- Price spread: −0.060% → −0.037%
- −$2.34
- Slippage, 4 orders
- −$36.91
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$67.75
- Costs to cover
- 0.549%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 26 min ago; Polymarket Perps: live order book, 26 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 ApeX Omni live order book, 26 min ago | 8.69 bp | 19.9 bp −$20 | 172.0 bp −$1,720 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 26 min ago | 1.67 bp | 10.0 bp −$10 | 10.3 bp −$103 | 17.0 bp −$1,699 | 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 | −0.0300% | 4h | 149.73 | +0.048% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.79 | +0.090% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.71 | +0.033% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.85 | +0.127% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.74 | +0.053% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.64 | −0.013% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.62 | −0.027% | $624K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.401% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.57 | −0.060% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.74 | +0.053% | — | $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 | 149.57 | −0.060% | $21.6M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.57 | −0.060% | $131K | $91K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.63 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.47 | −0.127% | $705K | $725K | 10x | as long as short |
| Nado ORCL-PERP | +0.0052% | 1h | 149.54 | −0.078% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.63 | −0.020% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 149.66 | long leg | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.60 | −0.040% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0215% | 8h | 149.78 | +0.079% | $2K | $177K | 10x | as long as short |
| Variational Omni ORCL | +0.0246% | 8h | 149.60 | −0.039% | $1.3M | $363K | — | as long as short |
| Gate ORCL_USDT | +0.0307% | 8h | 149.68 | +0.013% | $2.3M | $3.0M | 25x | as long as short |
| Binance ORCLUSDT | +0.0326% | 8h | 149.62 | −0.027% | $25.1M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.57 | −0.062% | $388K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0360% | 8h | 149.74 | +0.053% | $262K | $276K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0380% | 8h | 149.65 | −0.007% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.65 | −0.007% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0707% | 8h | 149.71 | +0.033% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0746% | 8h | 149.89 | +0.154% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT