Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h +0.002%
Price spread now: Variational Omni against Polymarket Perps+0.071%55s7-day average +0.095% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 3 days (all we have)−0.029%−$3 on $10k
+Price spread, last 7 days−0.059%−$6 · spread now +0.071%, 7d avg +0.095%
=Together, before fees−0.088%+ Points / potential airdropVariational Omni: Active · farm board−$9 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Variational Omni is 0.024% 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 +0.095%). Swap the legs. The two prices were read 55 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 | 148.81 | 0.0050 | pay 0.0006% / 1h | 28m 35s | $130K | $122K | 10x |
| Short | Variational Omni ORCL | 148.92 | 0 | get 0.0000% / 8h | 1h 28m | $1.3M | $316K | — |
Polymarket Perps ORCL-USD
Variational Omni ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
Variational Omni 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: +0.071% → +0.095%
- −$2.38
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Net
- −$20.88
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 53 min ago; Variational Omni: RFQ quote, just now. 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, 53 min ago | 3.03 bp | 7.7 bp −$8 | 8.5 bp −$85 | doesn't fit | doesn't fit |
| Sell Variational Omni RFQ quote, just now | 3.06 bp | doesn't fit | 22.1 bp −$221 | 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 | −0.0105% | 4h | 148.91 | +0.070% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.94 | +0.086% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.98 | +0.114% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCLshort | 0.0000% | 8h | 148.92 | +0.071% | $1.3M | $316K | — | |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.91 | +0.066% | $2K | $200K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.17 | +0.242% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.91 | +0.067% | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0008% | 1h | 148.94 | +0.085% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0013% | 8h | 148.97 | +0.105% | $24.8M | $35.7M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.95 | +0.094% | $472K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
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 | 148.89 | +0.054% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.168% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.85 | +0.027% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.81 | 0.000% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 148.81 | long leg | $130K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.91 | +0.067% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.69 | −0.081% | $708K | $691K | 10x | as long as short |
| QFEX ORCL-USD | +0.0056% | 1h | 148.90 | +0.060% | $1.1M | $2.8M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | +0.027% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.88 | +0.047% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0109% | 1h | 148.75 | −0.042% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0127% | 8h | 148.96 | +0.101% | $258K | $221K | 20x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.83 | +0.013% | $86K | $90K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0200% | 8h | 148.97 | +0.108% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0294% | 8h | 148.98 | +0.114% | $7.4M | $4.6M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0474% | 8h | 148.96 | +0.101% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0474% | 8h | 148.91 | +0.067% | $47K | $51K | 20x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.88 | +0.047% | $149K | $100K | 10x | 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
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
Bybit ORCLUSDT
BloFin ORCL-USDT
Phoenix ORCL