Funding you earn now, next payment 09:00 UTC−0.0402%/8h= −44.0% APRpaid last 24h −0.130%
Price spread now: Polymarket Perps against BloFin−0.189%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and Polymarket Perps is 0.189% cheaper against BloFin than usual: you would sell low and buy high (−$19 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BloFin ORCL-USDT | 148.53 | 0.0452 | pay 0.0452% / 8h | 7h 26m | $48K | $45K | 20x |
| Short | Polymarket Perps ORCL-USD | 148.25 | 0.0050 | get 0.0006% / 1h | 26m 14s | $130K | $80K | 10x |
BloFin ORCL-USDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$84.46
- Price spread: −0.189% → 0.000%
- −$18.85
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$123.31
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Polymarket Perps: live order book, 70 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 70 min ago | 2.68 bp | 8.6 bp −$9 | 8.8 bp −$88 | doesn't fit | doesn't fit |
BloFin: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0708% | 4h | 148.59 | +0.040% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.52 | −0.006% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.53 | 0.000% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.61 | +0.051% | $1K | $148K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.68 | +0.101% | $2K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.54 | +0.007% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.48 | −0.034% | $474K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.44 | −0.061% | $602K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.357% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.38 | −0.101% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.42 | −0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 148.25 | −0.189% | $130K | $80K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.40 | −0.088% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.26 | −0.182% | $707K | $835K | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 148.29 | −0.163% | $87K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.43 | −0.067% | $1.1M | $1.9M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0074% | 1h | 148.34 | −0.128% | $21.6M | $6.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.53 | 0.000% | $240K | $321K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.47 | −0.040% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.46 | −0.047% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0139% | 8h | 148.60 | +0.047% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0189% | 8h | 148.42 | −0.074% | $4.9M | $5.9M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0208% | 1h | 148.42 | −0.077% | $386K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0209% | 8h | 148.46 | −0.045% | $25.0M | $36.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0248% | 8h | 148.59 | +0.040% | $2.3M | $2.9M | 25x | as long as short |
| Bybit ORCLUSDT | +0.0391% | 8h | 148.50 | −0.020% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDTlong | +0.0452% | 8h | 148.53 | long leg | $48K | $45K | 20x | |
| Phoenix ORCL | +0.0537% | 1h | 148.48 | −0.034% | $152K | $73K | 10x | as long as short |
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Bybit ORCLUSDT
Phoenix ORCL