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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0112%/8h= +12.3% APRpaid last 24h +0.174%
Price spread now: Polymarket Perps against edgeX+0.103%64s7-day average −0.054% · you sell dearer than you buy
Net, funding: paid 7d − costs+$90as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.374% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.275%+$128 on $10k
Price spread, last 4 days (all we have)+0.025%+$2 · spread now +0.103%, 7d avg −0.054%
Together, before fees+1.300%+ Points / potential airdropedgeX: Active · farm board+$130 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Polymarket Perps is 0.157% dearer against edgeX than usual: you sell high and buy low: +$16 more if the spread goes back to its 7-day average of −0.054%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.07−0.0062get 0.0031% / 4h21m 56s$28K$214K10x
ShortPolymarket Perps ORCL-USD149.220.0050get 0.0006% / 1h21m 56s$131K$81K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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
$23.57
Price spread: +0.103% → −0.054%
$15.7
Slippage, 4 orders
−$20.38
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$1.89
Costs to cover
0.374%
Break-even
6.4 days
Slippage from edgeX: live order book, 15 min ago; Polymarket Perps: live order book, 15 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 edgeX live order book, 15 min ago6.03 bp10.9 bp −$1118.5 bp −$185doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 15 min ago2.68 bp8.6 bp −$98.8 bp −$88doesn't fitdoesn'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 ORCLUSDClong−0.0062%4h149.07long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.31+0.161%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.35+0.190%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.53+0.311%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.41+0.230%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.33+0.177%$477K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.28+0.143%$623K$320K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.005%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.06−0.005%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.25+0.123%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.17+0.069%$21.7M$6.9M10xas long as short
Polymarket Perps ORCL-USDshort+0.0050%1h149.22+0.103%$131K$81K10x
SoDEX ORCL-USD+0.0050%1h149.26+0.130%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.07+0.002%$697K$874K10xas long as short
Nado ORCL-PERP+0.0052%1h149.17+0.068%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.25+0.123%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.19+0.083%$240K$275K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.10+0.022%$22K$264K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.21+0.096%$19010xas long as short
Variational Omni ORCL+0.0164%8h149.070.000%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0179%8h149.14+0.049%$1K$156K10xas long as short
Gate ORCL_USDT+0.0198%8h149.36+0.197%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0219%8h149.27+0.136%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0252%8h149.28+0.143%$24.9M$36.9M20xas long as short
Extended ORCL_24_5-USD+0.0256%1h149.24+0.116%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.02−0.031%$152K$72K10xas long as short
BloFin ORCL-USDT+0.0534%8h149.21+0.096%$48K$44K20xas long as short
Bybit ORCLUSDT+0.0552%8h149.30+0.156%$4.2M$1.9M50xas long as short