Funding you earn now, next payment 06:00 UTC−0.0195%/8h= −21.4% APRpaid last 24h −0.081%
Price spread now: Polymarket Perps against Gate−0.094%7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$63as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$430.434% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 7 days−0.146%−$15 · spread now −0.094%, 7d avg −0.128%
=The price spread pays, funding is against you. Polymarket Perps is 0.034% dearer against Gate than usual: you sell high and buy low (spread −0.094% now, against its 7-day average of −0.128%): +$3 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 14 hours. At the pace of the last 7 days (−0.196% in total) that is about 29 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 149.28 | 0.0245 | pay 0.0245% / 8h | 2h 15m | $2.3M | $3.0M | 25x |
| Short | Polymarket Perps ORCL-USD | 149.14 | 0.0050 | get 0.0006% / 1h | 15m 27s | $131K | $92K | 10x |
Gate ORCL_USDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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
- −$40.95
- Price spread: −0.094% → −0.128%
- $3.4
- Slippage, 4 orders
- −$20.43
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$80.98
- Costs to cover
- 0.434%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; Polymarket Perps: live order book, 31 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 Gate live order book, 3 min ago | 1.34 bp | 13.4 bp −$13 | 29.8 bp −$298 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 31 min ago | 2.68 bp | 7.3 bp −$7 | 7.7 bp −$77 | 15.6 bp −$1,557 | 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 | −0.0410% | 4h | 149.16 | −0.082% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.09 | −0.130% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.31 | +0.020% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.134% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.24 | −0.027% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.23 | −0.033% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.20 | −0.054% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.147% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.05 | −0.154% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.18 | −0.067% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.08 | −0.134% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.14 | −0.094% | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.21 | −0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.02 | −0.174% | $693K | $884K | 10x | as long as short |
| Nado ORCL-PERP | +0.0052% | 1h | 149.06 | −0.147% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.20 | −0.054% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.12 | −0.107% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.17 | −0.074% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0152% | 8h | 149.14 | −0.095% | $1K | $165K | 10x | as long as short |
| Variational Omni ORCL | +0.0181% | 8h | 149.19 | −0.060% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0238% | 8h | 149.10 | −0.121% | $240K | $286K | 20x | as long as short |
| Gate ORCL_USDTlong | +0.0245% | 8h | 149.28 | long leg | $2.3M | $3.0M | 25x | |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.17 | −0.074% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0267% | 8h | 149.21 | −0.047% | $25.0M | $35.9M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0298% | 8h | 149.29 | +0.007% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.11 | −0.114% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0606% | 8h | 149.23 | −0.033% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0621% | 8h | 149.27 | −0.007% | $4.1M | $1.8M | 50x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT