Funding you earn now, next payment 00:00 UTC−0.0133%/8h= −14.6% APRpaid last 24h −0.009%
Price spread now: Polymarket Perps against KuCoin−0.114%7-day average −0.067% · you buy dearer than you sell
Net, funding: paid 7d − costs−$160as in the Funding arb table
Net, price: spread back to 7d avg − costs−$155as in the Price arb table
costs, in and out, $10k−$1501.502% of the position
Funding, last 7 days−0.097%−$10 on $10k
+Price spread, last 4 days (all we have)+0.059%+$6 · spread now −0.114%, 7d avg −0.067%
=Both sides work against this trade now: funding costs −$4 a day on $10k at the current rate, and Polymarket Perps is 0.047% cheaper against KuCoin than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.067%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 149.13 | 0.0183 | pay 0.0183% / 8h | 45m 15s | $258K | $234K | 20x |
| Short | Polymarket Perps ORCL-USD | 148.96 | 0.0050 | get 0.0006% / 1h | 45m 15s | $131K | $122K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- −$27.93
- Price spread: −0.114% → −0.067%
- −$4.7
- Slippage, 4 orders
- −$130.17
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$182.79
- Costs to cover
- 1.502%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 15 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 KuCoin live order book, 15 min ago | 6.04 bp | 68.6 bp −$69 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 31 min ago | 0.67 bp | 7.3 bp −$7 | 10.1 bp −$101 | 17.2 bp −$1,724 | 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 | −0.0282% | 4h | 149.01 | −0.080% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.04 | −0.061% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.11 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.31 | +0.121% | $2K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.09 | −0.027% | $52K | $22K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0013% | 8h | 149.02 | −0.075% | $2K | $198K | 10x | as long as short |
| Variational Omni ORCL | +0.0014% | 8h | 149.03 | −0.066% | $1.3M | $314K | — | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.09 | −0.027% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.047% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.94 | −0.127% | — | $127K | 25x | 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 | 148.96 | −0.114% | $131K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.03 | −0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.82 | −0.208% | $708K | $693K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0064% | 1h | 149.06 | −0.049% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0066% | 8h | 149.09 | −0.029% | $24.9M | $35.6M | 20x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.04 | −0.060% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.88 | −0.168% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.02 | −0.074% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0164% | 1h | 148.92 | −0.141% | $21.4M | $8.5M | 10x | as long as short |
| Lighter RH ORCL | +0.0168% | 1h | 149.04 | −0.060% | $620K | $462K | 10x | as long as short |
| Nado ORCL-PERP | +0.0176% | 1h | 148.85 | −0.187% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0183% | 8h | 149.13 | long leg | $258K | $234K | 20x | |
| OKX ORCL-USDT-SWAP | +0.0258% | 8h | 149.07 | −0.040% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 148.96 | −0.114% | $86K | $90K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0335% | 8h | 149.09 | −0.027% | $7.4M | $4.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0512% | 8h | 149.09 | −0.027% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0516% | 8h | 149.04 | −0.060% | $2K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.90 | −0.154% | $149K | $84K | 10x | as long as short |
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Extended ORCL_24_5-USD
Binance ORCLUSDT
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Lighter RH ORCL
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL