Funding you earn now, next payment 23:00 UTC+0.0148%/8h= +16.2% APRpaid last 24h +0.027%
Price spread now: OKX against Polymarket Perps+0.074%7-day average +0.094% · you sell dearer than you buy
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$39as in the Price arb table
costs, in and out, $10k−$370.368% of the position
Funding, last 7 days+0.018%+$2 on $10k
+Price spread, last 7 days−0.038%−$4 · spread now +0.074%, 7d avg +0.094%
=Funding pays, the price is against you. OKX is 0.020% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.074% now, against its 7-day average of +0.094%). If the spread goes back, that is −$2 on $10k: about 11 hours of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.018% in total) that is about 7.7 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 148.73 | 0.0050 | pay 0.0006% / 1h | 59m 26s | $130K | $122K | 10x |
| Short | OKX ORCL-USDT-SWAP | 148.84 | 0.0198 | get 0.0198% / 8h | 1h 59m | $4.7M | $5.7M | 20x |
Polymarket Perps ORCL-USD
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $31.09
- Price spread: +0.074% → +0.094%
- −$2.03
- Slippage, 4 orders
- −$18.78
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$7.72
- Costs to cover
- 0.368%
- Break-even
- 8.7 days
Slippage from Polymarket Perps: live order book, 22 min ago; OKX: 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, 22 min ago | 3.03 bp | 7.7 bp −$8 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell OKX live order book, 3 min ago | 1.01 bp | 9.0 bp −$9 | 20.8 bp −$208 | 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 | −0.0752% | 4h | 148.86 | +0.089% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.085% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.83 | +0.066% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 148.84 | +0.074% | $24.8M | $35.9M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.83 | +0.067% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.86 | +0.087% | $1.3M | $221K | — | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.85 | +0.078% | $2K | $204K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.07 | +0.229% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.91 | +0.121% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.89 | +0.108% | $471K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.86 | +0.087% | $622K | $456K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.222% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.78 | +0.034% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.70 | −0.020% | $21.5M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 148.73 | long leg | $130K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.82 | +0.061% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.027% | $737K | $611K | 10x | as long as short |
| QFEX ORCL-USD | +0.0053% | 1h | 148.80 | +0.047% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.93 | +0.134% | $257K | $208K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.83 | +0.067% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.85 | +0.081% | $189 | — | 10x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.77 | +0.027% | $78K | $80K | 10x | as long as short |
| Nado ORCL-PERP | +0.0163% | 1h | 148.68 | −0.032% | $92K | $18K | 10x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0198% | 8h | 148.84 | +0.074% | $4.7M | $5.7M | 20x | |
| Bitget ORCLUSDT | +0.0303% | 8h | 148.86 | +0.087% | $7.4M | $4.7M | 20x | as long as short |
| Phoenix ORCL | +0.0431% | 1h | 148.82 | +0.061% | $149K | $100K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0475% | 8h | 148.86 | +0.087% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0479% | 8h | 148.92 | +0.128% | $47K | $51K | 20x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Arcus ORCL-USD
Nado ORCL-PERP
Bitget ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT