Funding you earn now, next payment 00:00 UTC−0.0025%/8h= −2.7% APRpaid last 24h −0.022%
Price spread now: Polymarket Perps against Binance−0.072%7-day average −0.053% · you buy dearer than you sell
Net, funding: paid 7d − costs−$30as in the Funding arb table
Net, price: spread back to 7d avg − costs−$30as in the Price arb table
costs, in and out, $10k−$280.277% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 2 days (all we have)+0.005%$0 · spread now −0.072%, 7d avg −0.053%
=The price spread sits at its 7-day average of −0.053%, 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 | Binance ORCLUSDT | 149.08 | 0.0075 | pay 0.0075% / 8h | 43m 07s | $24.9M | $35.6M | 20x |
| Short | Polymarket Perps ORCL-USD | 148.97 | 0.0050 | get 0.0006% / 1h | 43m 07s | $131K | $122K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$5.19
- Price spread: −0.072% → −0.053%
- −$1.97
- Slippage, 4 orders
- −$9.67
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.83
- Costs to cover
- 0.277%
- Break-even
- never at this rate
Slippage from Binance: live order book, 14 min ago; Polymarket Perps: live order book, 34 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 Binance live order book, 14 min ago | 0.67 bp | 6.7 bp −$7 | 13.6 bp −$136 | 68.9 bp −$6,885 | doesn't fit |
| Sell Polymarket Perps live order book, 34 min ago | 0.67 bp | 7.3 bp −$7 | 10.1 bp −$101 | 17.2 bp −$1,724 | 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 | −0.0607% | 4h | 149.07 | −0.006% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.024% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | +0.022% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.32 | +0.162% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.07 | −0.005% | $52K | $22K | 20x | as long as short |
| Variational Omni ORCL | +0.0014% | 8h | 149.03 | −0.031% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0028% | 8h | 149.04 | −0.026% | $2K | $196K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | +0.008% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.012% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.97 | −0.072% | — | $127K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 148.97 | −0.072% | $131K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.04 | −0.025% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.173% | $708K | $693K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.05 | −0.019% | $1.1M | $2.9M | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0072% | 1h | 149.06 | −0.012% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0075% | 8h | 149.08 | long leg | $24.9M | $35.6M | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.96 | −0.079% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.04 | −0.025% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0169% | 1h | 148.93 | −0.099% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0176% | 1h | 149.06 | −0.012% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0178% | 1h | 148.86 | −0.149% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0189% | 8h | 149.14 | +0.042% | $258K | $235K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0264% | 8h | 149.11 | +0.022% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.079% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0339% | 8h | 149.09 | +0.008% | $7.4M | $4.7M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0485% | 8h | 149.10 | +0.015% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0515% | 8h | 149.10 | +0.015% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.97 | −0.072% | $149K | $84K | 10x | as long as short |
Binance ORCLUSDT
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Extended ORCL_24_5-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Lighter RH ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL