Funding you earn now, next payment 01:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.013%
Price spread now: Orderly against Polymarket Perps+0.047%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.047% dearer against Polymarket Perps than usual: you sell high and buy low: +$5 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.36 | 0.0050 | pay 0.0006% / 1h | 34m 38s | $131K | $91K | 10x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.43 | 0.0100 | get 0.0100% / 8h | 7h 34m | $190 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.047% → 0.000%
- $4.69
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $1.19
- Costs to cover
- 0.140%
- Break-even
- 6.2 days
Slippage unknown: Polymarket Perps: live order book, 37 min ago; Orderly: no order-book sample. Net counts fees only.
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, 37 min ago | 2.35 bp | 7.7 bp −$8 | 8.2 bp −$82 | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0152% | 4h | 149.30 | −0.041% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | +0.092% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.68 | +0.214% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.38 | +0.013% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.54 | +0.121% | $474K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.44 | +0.054% | $622K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.201% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.43 | +0.047% | — | $86K | 25x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.36 | long leg | $131K | $91K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.42 | +0.040% | $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 | 149.31 | −0.033% | $702K | $699K | 10x | as long as short |
| Nado ORCL-PERP | +0.0063% | 1h | 149.38 | +0.010% | $92K | $18K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.33 | −0.020% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.36 | 0.000% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.43 | +0.047% | $190 | — | 10x | |
| tradeXYZ xyz:ORCL | +0.0128% | 1h | 149.32 | −0.027% | $21.5M | $6.9M | 10x | as long as short |
| Gate ORCL_USDT | +0.0139% | 8h | 149.47 | +0.074% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0156% | 8h | 149.49 | +0.085% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0183% | 8h | 149.31 | −0.033% | $1K | $184K | 10x | as long as short |
| Binance ORCLUSDT | +0.0207% | 8h | 149.41 | +0.033% | $25.1M | $35.1M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0208% | 1h | 149.36 | 0.000% | $388K | $1.6M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0297% | 8h | 149.50 | +0.094% | $261K | $254K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0321% | 8h | 149.39 | +0.020% | $4.8M | $5.5M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0399% | 8h | 149.43 | +0.047% | $7.6M | $4.1M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.34 | −0.013% | $87K | $80K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0506% | 8h | 149.52 | +0.107% | $3.5M | $1.4M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0549% | 8h | 149.51 | +0.100% | $47K | $43K | 20x | as long as short |
| Phoenix ORCL | +0.0697% | 1h | 149.18 | −0.121% | $151K | $84K | 10x | as long as short |
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL