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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bybit ORCLUSDT | 149.95 | 0.0758 | pay 0.0758% / 8h | 4h 21m | $4.1M | $1.8M | 50x |
| Short | Polymarket Perps ORCL-USD | 149.80 | 0.0050 | get 0.0006% / 1h | 21m 12s | $132K | $90K | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy Bybit live order book, 1 min ago | 0.33 bp | 11.4 bp −$11 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 36 min ago | 1.34 bp | 5.3 bp −$5 | 6.5 bp −$65 | 12.9 bp −$1,290 | 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 | −0.0885% | 4h | 149.83 | −0.077% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.79 | −0.109% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.11 | +0.107% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.86 | −0.060% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.88 | −0.047% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.92 | −0.020% | $625K | $313K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.594% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.73 | −0.147% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.90 | −0.033% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.77 | −0.120% | $21.7M | $6.8M | 10x | 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 | 149.80 | −0.100% | $132K | $90K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.87 | −0.053% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.67 | −0.187% | $708K | $720K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0059% | 8h | 149.95 | 0.000% | $7.7M | $3.9M | 20x | as long as short |
| Nado ORCL-PERP | +0.0066% | 1h | 149.76 | −0.124% | $91K | $20K | 10x | as long as short |
| QFEX ORCL-USD | +0.0080% | 1h | 149.83 | −0.080% | $1.1M | $2.3M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.81 | −0.093% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.85 | −0.067% | $191 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0242% | 8h | 149.96 | +0.007% | $2.3M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | +0.0254% | 8h | 149.72 | −0.152% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0273% | 8h | 149.85 | −0.067% | $2K | $177K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0328% | 1h | 149.86 | −0.060% | $388K | $1.3M | 10x | as long as short |
| Binance ORCLUSDT | +0.0329% | 8h | 149.90 | −0.033% | $25.2M | $35.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0383% | 8h | 149.92 | −0.020% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0400% | 8h | 149.87 | −0.053% | $5.0M | $5.8M | 20x | as long as short |
| Phoenix ORCL | +0.0481% | 1h | 149.74 | −0.140% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDTlong | +0.0758% | 8h | 149.95 | long leg | $4.1M | $1.8M | 50x | |
| BloFin ORCL-USDT | +0.0780% | 8h | 149.91 | −0.027% | $47K | $43K | 20x | as long as short |
Bybit 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
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT