Funding you earn now, next payment 06:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.096%
Price spread now: Bitget against Polymarket Perps+0.101%7-day average +0.132% · you sell dearer than you buy
Net, funding: paid 7d − costs−$33as in the Funding arb table
Net, price: spread back to 7d avg − costs−$44as in the Price arb table
costs, in and out, $10k−$410.412% of the position
Funding, last 7 days+0.078%+$8 on $10k
+Price spread, last 7 days+0.142%+$14 · spread now +0.101%, 7d avg +0.132%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Bitget is 0.031% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.132%). Swap the legs. Mind the row above: over the last 7 days funding on this pair paid +0.078%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.17 | 0.0050 | pay 0.0006% / 1h | 16m 31s | $131K | $92K | 10x |
| Short | Bitget ORCLUSDT | 149.32 | 0 | get 0.0000% / 8h | 2h 16m | $7.7M | $3.8M | 20x |
Polymarket Perps ORCL-USD
Bitget ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget 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 itlatest
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: +0.101% → +0.132%
- −$3.12
- Slippage, 4 orders
- −$21.18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$54.8
- Costs to cover
- 0.412%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 30 min ago; Bitget: live order book, 2 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 Polymarket Perps live order book, 30 min ago | 2.68 bp | 6.7 bp −$7 | 8.3 bp −$83 | 13.8 bp −$1,381 | doesn't fit |
| Sell Bitget live order book, 2 min ago | 1.34 bp | 10.5 bp −$10 | 24.4 bp −$244 | doesn't fit | 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 | −0.0596% | 4h | 149.03 | −0.091% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.08 | −0.057% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDTshort | 0.0000% | 8h | 149.32 | +0.101% | $7.7M | $3.8M | 20x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.39 | +0.147% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.15 | −0.013% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.26 | +0.060% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.19 | +0.013% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.074% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.03 | −0.094% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.19 | +0.013% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado ORCL-PERP | +0.0049% | 1h | 149.08 | −0.058% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.08 | −0.060% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.17 | long leg | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.17 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.087% | $693K | $884K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.27 | +0.067% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.04 | −0.087% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.14 | −0.020% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0152% | 8h | 149.14 | −0.022% | $1K | $165K | 10x | as long as short |
| Variational Omni ORCL | +0.0180% | 8h | 149.03 | −0.095% | $1.2M | $416K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0240% | 8h | 149.12 | −0.034% | $240K | $286K | 20x | as long as short |
| Gate ORCL_USDT | +0.0246% | 8h | 149.30 | +0.087% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.20 | +0.020% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 149.24 | +0.050% | $25.0M | $35.9M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0299% | 8h | 149.29 | +0.080% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.11 | −0.040% | $152K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0606% | 8h | 149.23 | +0.040% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0621% | 8h | 149.31 | +0.094% | $4.1M | $1.8M | 50x | as long as short |
Nado ORCL-PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT