Funding you earn now, next payment 01:00 UTC+0.0230%/8h= +25.2% APRpaid last 24h +0.079%
Price spread now: Gate against Polymarket Perps+0.087%7-day average +0.125% · you sell dearer than you buy
Net, funding: paid 7d − costs−$26as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$450.454% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days−0.104%−$10 · spread now +0.087%, 7d avg +0.125%
=Funding pays, the price is against you. Gate is 0.038% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.087% now, against its 7-day average of +0.125%). If the spread goes back, that is −$4 on $10k: about 13 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.196% in total) that is about 33 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.43 | 0.0050 | pay 0.0006% / 1h | 10m 00s | $131K | $91K | 10x |
| Short | Gate ORCL_USDT | 149.56 | 0.0280 | get 0.0280% / 8h | 7h 10m | $2.3M | $2.9M | 25x |
Polymarket Perps ORCL-USD
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $48.3
- Price spread: +0.087% → +0.125%
- −$3.83
- Slippage, 4 orders
- −$22.36
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$0.89
- Costs to cover
- 0.454%
- Break-even
- 7.1 days
Slippage from Polymarket Perps: live order book, 62 min ago; Gate: live order book, 3 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, 62 min ago | 2.35 bp | 7.7 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Gate live order book, 3 min ago | 2.00 bp | 16.1 bp −$16 | 29.0 bp −$290 | 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 | −0.0540% | 4h | 149.60 | +0.111% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | +0.093% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.77 | +0.228% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.114% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.57 | +0.094% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.51 | +0.054% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.248% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.55 | +0.080% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.43 | long leg | $131K | $91K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.50 | +0.047% | $30K | $3K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USDShow 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 | 149.32 | −0.074% | $703K | $697K | 10x | as long as short |
| Nado ORCL-PERP | +0.0070% | 1h | 149.40 | −0.017% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.41 | −0.013% | $1.2M | $2.8M | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0096% | 1h | 149.41 | −0.013% | $21.5M | $6.7M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.63 | +0.134% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.50 | +0.047% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0198% | 8h | 149.49 | +0.037% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0245% | 8h | 149.52 | +0.058% | $25.1M | $35.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.49 | +0.038% | $386K | $1.3M | 10x | as long as short |
| Gate ORCL_USDTshort | +0.0280% | 8h | 149.56 | +0.087% | $2.3M | $2.9M | 25x | |
| KuCoin ORCLUSDTM | +0.0303% | 8h | 149.63 | +0.134% | $260K | $259K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0324% | 8h | 149.51 | +0.054% | $4.8M | $5.5M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0394% | 8h | 149.58 | +0.101% | $2K | $182K | 10x | as long as short |
| Bitget ORCLUSDT | +0.0400% | 8h | 149.59 | +0.107% | $7.6M | $4.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.46 | +0.020% | $87K | $79K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0611% | 8h | 149.59 | +0.107% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0625% | 8h | 149.57 | +0.094% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.53 | +0.067% | $153K | $84K | 10x | as long as short |
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
tradeXYZ xyz:ORCL
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_Perp
Bitget ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL