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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 22:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.011%
Price spread now: ApeX Omni against Polymarket Perps+0.087%57s7-day average +0.038% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$560.557% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.087%, 7d avg +0.038%
Together, before fees+0.043%+$4 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.049% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.038%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ORCL-USD148.700.0050pay 0.0006% / 1h59m 38s$130K$122K10x
ShortApeX Omni ORACLEUSDT148.830.0100get 0.0013% / 1h59m 38s$22K$269K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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
$10.5
Price spread: +0.087% → +0.038%
$4.94
Slippage, 4 orders
−$37.72
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.28
Costs to cover
0.557%
Break-even
33.9 days
Slippage from Polymarket Perps: live order book, 22 min ago; ApeX Omni: live order book, 22 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 Polymarket Perps live order book, 22 min ago3.03 bp7.7 bp −$88.5 bp −$85doesn't fitdoesn't fit
Sell ApeX Omni live order book, 22 min ago8.40 bp19.4 bp −$19177.0 bp −$1,770doesn'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 ORCLUSDC−0.0752%4h148.86+0.109%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h148.86+0.106%$93K$16K20xas long as short
Extended ORCL_24_5-USD0.0000%1h148.83+0.086%$386K$1.4M10xas long as short
Binance ORCLUSDT0.0000%8h148.84+0.094%$24.8M$35.9M20xas long as short
Gate ORCL_USDT0.0000%8h148.84+0.094%$2.2M$3.0M25xas long as short
Variational Omni ORCL0.0000%8h148.86+0.107%$1.3M$221Kas long as short
GRVT ORCL_USDT_Perp0.0000%8h148.85+0.099%$2K$204K10xas long as short
SunX ORCL-USDT0.0000%8h149.07+0.249%$3K$2.9M10xas long as short
HTX ORCL-USDT0.0000%8h148.91+0.141%$52K$22K20xas long as short
Lighter ORCL+0.0032%1h148.89+0.128%$471K$53K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Lighter RH ORCL+0.0032%1h148.86+0.108%$622K$456K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.242%$20K$14K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h148.78+0.054%$127K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h148.700.000%$21.5M$8.6M10xas long as short
Polymarket Perps ORCL-USDlong+0.0050%1h148.70long leg$130K$122K10x
SoDEX ORCL-USD+0.0050%1h148.82+0.081%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.69−0.007%$737K$611K10xas long as short
QFEX ORCL-USD+0.0053%1h148.80+0.067%$1.1M$2.8M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h148.92+0.148%$257K$207K20xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h148.83+0.087%$22K$269K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h148.83+0.087%$18910xas long as short
Nado ORCL-PERP+0.0129%1h148.68−0.012%$92K$18K10xas long as short
Arcus ORCL-USD+0.0152%1h148.77+0.047%$78K$80K10xas long as short
OKX ORCL-USDT-SWAP+0.0199%8h148.84+0.094%$4.7M$5.7M20xas long as short
Bitget ORCLUSDT+0.0303%8h148.86+0.108%$7.4M$4.7M20xas long as short
Phoenix ORCL+0.0431%1h148.82+0.081%$149K$100K10xas long as short
Bybit ORCLUSDT+0.0475%8h148.86+0.108%$3.5M$1.6M50xas long as short
BloFin ORCL-USDT+0.0479%8h148.92+0.148%$47K$51K20xas long as short