Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
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Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0708%/8h= −77.5% APRpaid last 24h −0.099%
Price spread now: Polymarket Perps against Bybit−0.100%7-day average −0.102% · you buy dearer than you sell
Net, funding: paid 7d − costs−$48as in the Funding arb table
Net, price: spread back to 7d avg − costs−$35as in the Price arb table
costs, in and out, $10k−$350.348% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.137%−$14 on $10k
Price spread, last 7 days−0.132%−$13 · spread now −0.100%, 7d avg −0.102%
Together, before fees−0.269%−$27 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.102%, so right now this pair is about funding alone: −$21 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.137% in total (about -7.1% 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBybit ORCLUSDT149.950.0758pay 0.0758% / 8h4h 21m$4.1M$1.8M50x
ShortPolymarket Perps ORCL-USD149.800.0050get 0.0006% / 1h21m 12s$132K$90K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Bybit. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$148.69
Price spread: −0.100% → −0.102%
$0.24
Slippage, 4 orders
−$15.82
Fee Bybit: 5.5 bp × 2 orders
−$11
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
−$183.27
Costs to cover
0.348%
Break-even
never at this rate
Slippage from Bybit: live order book, 1 min ago; Polymarket Perps: live order book, 36 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Bybit live order book, 1 min ago0.33 bp11.4 bp −$1120.9 bp −$209doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 36 min ago1.34 bp5.3 bp −$56.5 bp −$6512.9 bp −$1,290doesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0885%4h149.83−0.077%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.79−0.109%$94K$16K20xas long as short
SunX ORCL-USDT0.0000%8h150.11+0.107%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.86−0.060%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.88−0.047%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.92−0.020%$625K$313K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.594%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.73−0.147%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.90−0.033%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.77−0.120%$21.7M$6.8M10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Polymarket Perps ORCL-USDshort+0.0050%1h149.80−0.100%$132K$90K10x
SoDEX ORCL-USD+0.0050%1h149.87−0.053%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.67−0.187%$708K$720K10xas long as short
Bitget ORCLUSDT+0.0059%8h149.950.000%$7.7M$3.9M20xas long as short
Nado ORCL-PERP+0.0066%1h149.76−0.124%$91K$20K10xas long as short
QFEX ORCL-USD+0.0080%1h149.83−0.080%$1.1M$2.3M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.81−0.093%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.85−0.067%$19110xas long as short
Gate ORCL_USDT+0.0242%8h149.96+0.007%$2.3M$3.0M25xas long as short
Variational Omni ORCL+0.0254%8h149.72−0.152%$1.3M$363Kas long as short
GRVT ORCL_USDT_Perp+0.0273%8h149.85−0.067%$2K$177K10xas long as short
Extended ORCL_24_5-USD+0.0328%1h149.86−0.060%$388K$1.3M10xas long as short
Binance ORCLUSDT+0.0329%8h149.90−0.033%$25.2M$35.5M20xas long as short
KuCoin ORCLUSDTM+0.0383%8h149.92−0.020%$262K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0400%8h149.87−0.053%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0481%1h149.74−0.140%$153K$75K10xas long as short
Bybit ORCLUSDTlong+0.0758%8h149.95long leg$4.1M$1.8M50x
BloFin ORCL-USDT+0.0780%8h149.91−0.027%$47K$43K20xas long as short