Funding you earn now, next payment 06:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h −0.096%
Price spread now: Polymarket Perps against Bitget−0.100%7-day average −0.132% · you buy dearer than you sell
Net, funding: paid 7d − costs−$49as in the Funding arb table
Net, price: spread back to 7d avg − costs−$38as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days−0.078%−$8 on $10k
+Price spread, last 7 days−0.142%−$14 · spread now −0.100%, 7d avg −0.132%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.031% dearer against Bitget than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.132%. Mind the row above: over the last 7 days funding on this pair cost −0.078%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget ORCLUSDT | 149.32 | 0 | get 0.0000% / 8h | 2h 16m | $7.7M | $3.8M | 20x |
| Short | Polymarket Perps ORCL-USD | 149.17 | 0.0050 | get 0.0006% / 1h | 16m 32s | $131K | $92K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Bitget. 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: −0.100% → −0.132%
- $3.13
- Slippage, 4 orders
- −$21.18
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$27.55
- Costs to cover
- 0.412%
- Break-even
- 25.4 days
Slippage from Bitget: live order book, 2 min ago; Polymarket Perps: live order book, 30 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 Bitget live order book, 2 min ago | 1.34 bp | 16.7 bp −$17 | 25.1 bp −$251 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 30 min ago | 2.68 bp | 7.3 bp −$7 | 7.7 bp −$77 | 15.6 bp −$1,557 | 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 | −0.0596% | 4h | 149.03 | −0.191% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | −0.158% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDTlong | 0.0000% | 8h | 149.32 | long leg | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.39 | +0.047% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.15 | −0.114% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | −0.040% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.19 | −0.087% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.174% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.03 | −0.194% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.19 | −0.087% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0049% | 1h | 149.08 | −0.159% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.08 | −0.161% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.17 | −0.100% | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.17 | −0.100% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.188% | $693K | $884K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.27 | −0.033% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.04 | −0.188% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.14 | −0.121% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0152% | 8h | 149.14 | −0.122% | $1K | $165K | 10x | as long as short |
| Variational Omni ORCL | +0.0180% | 8h | 149.03 | −0.195% | $1.2M | $416K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0240% | 8h | 149.12 | −0.134% | $240K | $286K | 20x | as long as short |
| Gate ORCL_USDT | +0.0246% | 8h | 149.30 | −0.013% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.20 | −0.080% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 149.24 | −0.051% | $25.0M | $35.9M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0299% | 8h | 149.29 | −0.020% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.11 | −0.141% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0606% | 8h | 149.23 | −0.060% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0621% | 8h | 149.31 | −0.007% | $4.1M | $1.8M | 50x | as long as short |
Bitget ORCLUSDT
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT