Funding you earn now, next payment 00:00 UTC−0.0985%/8h= −107.9% APRpaid last 24h −0.146%
Price spread now: edgeX against Polymarket Perps+0.033%64s7-day average +0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs−$162as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$360.364% of the position
Funding, last 7 days−1.256%−$126 on $10k
+Price spread, last 3 days (all we have)+0.030%+$3 · spread now +0.033%, 7d avg +0.056%
=Together, before fees−1.226%+ Points / potential airdropedgeX: Active · farm board−$123 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$30 a day on $10k at the current rate, and edgeX is 0.023% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$2 if the spread goes back to its 7-day average of +0.056%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.04 | 0.0050 | pay 0.0006% / 1h | 23m 51s | $131K | $122K | 10x |
| Short | edgeX ORCLUSDC | 149.09 | −0.0935 | pay 0.0468% / 4h | 23m 51s | $28K | $215K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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
- −$206.95
- Price spread: +0.033% → +0.056%
- −$2.3
- Slippage, 4 orders
- −$19.39
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$245.64
- Costs to cover
- 0.364%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 53 min ago; edgeX: live order book, 53 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, 53 min ago | 0.67 bp | 6.0 bp −$6 | 6.4 bp −$64 | 12.1 bp −$1,206 | doesn't fit |
| Sell edgeX live order book, 53 min ago | 6.39 bp | 11.7 bp −$12 | 19.2 bp −$192 | 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 ORCLUSDCshort | −0.0935% | 4h | 149.09 | +0.033% | $28K | $215K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 149.26 | +0.145% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.22 | +0.121% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.38 | +0.228% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.081% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.20 | +0.107% | $472K | $53K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.013% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.18 | +0.094% | — | $127K | 25x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.04 | long leg | $131K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.14 | +0.067% | $30K | $3K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.95 | −0.060% | $709K | $695K | 10x | as long as short |
| QFEX ORCL-USD | +0.0071% | 1h | 149.09 | +0.034% | $1.1M | $2.9M | 10x | as long as short |
| Variational Omni ORCL | +0.0075% | 8h | 149.11 | +0.046% | $1.3M | $314K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0085% | 8h | 149.11 | +0.044% | $1K | $194K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.00 | −0.027% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.09 | +0.034% | $190 | — | 10x | as long as short |
| Lighter RH ORCL | +0.0128% | 1h | 149.20 | +0.107% | $621K | $462K | 10x | as long as short |
| Binance ORCLUSDT | +0.0133% | 8h | 149.18 | +0.096% | $24.9M | $35.5M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0136% | 1h | 149.16 | +0.079% | $386K | $1.4M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0147% | 1h | 149.05 | +0.007% | $21.5M | $8.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0164% | 1h | 149.00 | −0.027% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0226% | 8h | 149.20 | +0.107% | $259K | $239K | 20x | as long as short |
| Arcus ORCL-USD | +0.0289% | 1h | 149.04 | 0.000% | $86K | $81K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0290% | 8h | 149.17 | +0.087% | $4.8M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0366% | 8h | 149.21 | +0.114% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0526% | 8h | 149.20 | +0.107% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0530% | 8h | 149.13 | +0.060% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.07 | +0.020% | $149K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Variational Omni ORCL
GRVT ORCL_USDT_Perp
ApeX Omni ORACLEUSDT
Lighter RH ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
tradeXYZ xyz:ORCL
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL