ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 02:00 UTC−0.0198%/8h= −21.7% APRnext payment −$0.25 per $10,000 · paid last 24h −0.042%

Price spread now: Polymarket Perps against Extended−0.035%7-day average −0.086% · you buy dearer than you sell

Net, funding: paid 7d − costs−$34as in the Funding arb table

Net, price: spread back to 7d avg − costs−$25as in the Price arb table

costs, in and out, $10k−$300.296% of the position

Long on Extended Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 7 days+0.119%+$12 · spread now −0.035%, 7d avg −0.086%

Together, before fees+0.077%+ Points / potential airdropExtended: Active · farm board+$8 on $10k · with fees, hour by hour

The price spread pays, funding is against you. Polymarket Perps is 0.051% dearer against Extended than usual: you sell high and buy low (spread −0.035% now, against its 7-day average of −0.086%): +$5 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 20 hours. At the pace of the last 7 days (−0.041% in total) that is about 8.6 days.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.041% in total (about -2.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.25 per $10,000. 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	Extended ORCL_24_5-USD	149.32	0.0248	pay 0.0031% / 1h	2m 50s	$387K	$1.3M	10x
Short	Polymarket Perps ORCL-USD	149.27	0.0050	get 0.0006% / 1h	2m 50s	$131K	$90K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Extended. 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

Position, each leg$Hold fordaysFee ExtendedbpFee Polymarket PerpsbpOrdersPrice spread, now −0.035%Rate

Funding earned: −$41.58
Price spread: −0.035% → −0.086%: $5.06
Slippage, 4 orders: −$16.57
Fee Extended: 2.5 bp × 2 orders: −$5
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$66.09
Costs to cover: 0.296%
Break-even: never at this rate

Slippage from Extended: live order book, 5 min ago; Polymarket Perps: live order book, 64 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 Extended live order book, 5 min ago	1.34 bp	8.3 bp −$8	61.2 bp −$612	doesn't fit	doesn't fit
Sell Polymarket Perps live order book, 64 min ago	2.68 bp	6.7 bp −$7	6.9 bp −$69	12.7 bp −$1,265	doesn't fit

ORCL on 27 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	−0.0123%	4h	149.28	−0.025%	$28K	$214K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.22	−0.069%	$93K	$16K	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.62	+0.199%	$3K	$2.8M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.42	+0.065%	$52K	$23K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.43	+0.072%	$473K	$50K	10x	as long as short
Lighter RH ORCL	+0.0032%	1h	149.35	+0.018%	$621K	$318K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.176%	$20K	$12K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.24	−0.055%	$86K	$80K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.37	+0.032%	—	$67K	25x	as long as short
Polymarket Perps ORCL-USDshort	+0.0050%	1h	149.27	−0.035%	$131K	$90K	10x

Show all 27 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ORCL-USD	+0.0050%	1h	149.37	+0.032%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.12	−0.136%	$697K	$716K	10x	as long as short
QFEX ORCL-USD	+0.0057%	1h	149.35	+0.018%	$1.1M	$2.7M	10x	as long as short
tradeXYZ xyz:ORCL	+0.0071%	1h	149.24	−0.055%	$21.5M	$6.7M	10x	as long as short
Nado ORCL-PERP	+0.0073%	1h	149.25	−0.051%	$92K	$18K	10x	as long as short
Gate ORCL_USDT	+0.0093%	8h	149.39	+0.045%	$2.3M	$2.9M	25x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.32	−0.002%	$22K	$267K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.33	+0.005%	$190	—	10x	as long as short
Bitget ORCLUSDT	+0.0129%	8h	149.43	+0.072%	$7.7M	$4.0M	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0156%	8h	149.32	−0.003%	$2K	$180K	10x	as long as short
Variational Omni ORCL	+0.0186%	8h	149.32	−0.003%	$1.3M	$363K	—	as long as short
Binance ORCLUSDT	+0.0246%	8h	149.36	+0.025%	$24.9M	$35.4M	20x	as long as short
Extended ORCL_24_5-USDlong	+0.0248%	1h	149.32	long leg	$387K	$1.3M	10x
KuCoin ORCLUSDTM	+0.0319%	8h	149.48	+0.105%	$260K	$266K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0333%	8h	149.35	+0.018%	$4.9M	$5.6M	20x	as long as short
Bybit ORCLUSDT	+0.0514%	8h	149.41	+0.058%	$3.5M	$1.4M	50x	as long as short
Phoenix ORCL	+0.0535%	1h	149.21	−0.075%	$153K	$75K	10x	as long as short