Funding you earn now, next payment 07:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.02 per $10,000 · paid last 24h −0.006%
Price spread now: Polymarket Perps against tradeXYZ+0.074%7-day average +0.013% · you sell dearer than you buy
Net, funding: paid 7d − costs−$37as in the Funding arb table
Net, price: spread back to 7d avg − costs−$31as in the Price arb table
costs, in and out, $10k−$370.372% of the position
Funding, last 7 days+0.006%+$1 on $10k
+Price spread, last 7 days−0.183%−$18 · spread now +0.074%, 7d avg +0.013%
=Together, before fees−0.177%+ Points / potential airdroptradeXYZ: Active · farm board−$18 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.061% dearer against tradeXYZ than usual: you sell high and buy low (spread +0.074% now, against its 7-day average of +0.013%): +$6 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 16 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:ORCL | 149.22 | 0.0062 | pay 0.0008% / 1h | 40m 25s | $21.6M | $6.9M | 10x |
| Short | Polymarket Perps ORCL-USD | 149.33 | 0.0050 | get 0.0006% / 1h | 40m 25s | $131K | $92K | 10x |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against tradeXYZ. 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
- −$2.57
- Price spread: +0.074% → +0.013%
- $6.06
- Slippage, 4 orders
- −$11.17
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$33.69
- Costs to cover
- 0.372%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 9 min ago; Polymarket Perps: live order book, 1 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 tradeXYZ live order book, 9 min ago | 0.67 bp | 10.8 bp −$11 | 15.4 bp −$154 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 1 min ago | 2.01 bp | 8.6 bp −$9 | 9.2 bp −$92 | 17.0 bp −$1,704 | 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 | −0.0291% | 4h | 149.41 | +0.129% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.24 | +0.013% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.52 | +0.201% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.275% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.57 | +0.235% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.52 | +0.201% | $475K | $51K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.107% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.43 | +0.141% | $623K | $322K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.34 | +0.080% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.44 | +0.147% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.33 | +0.074% | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.39 | +0.114% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.27 | +0.034% | $699K | $894K | 10x | as long as short |
| tradeXYZ xyz:ORCLlong | +0.0062% | 1h | 149.22 | long leg | $21.6M | $6.9M | 10x | |
| QFEX ORCL-USD | +0.0065% | 1h | 149.39 | +0.114% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0072% | 1h | 149.29 | +0.050% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.27 | +0.034% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.29 | +0.047% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0167% | 8h | 149.37 | +0.101% | $240K | $281K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.42 | +0.134% | $1K | $163K | 10x | as long as short |
| Variational Omni ORCL | +0.0175% | 8h | 149.40 | +0.120% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDT | +0.0242% | 8h | 149.44 | +0.147% | $2.3M | $3.0M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.38 | +0.105% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0264% | 8h | 149.34 | +0.080% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0266% | 8h | 149.34 | +0.080% | $24.9M | $36.8M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.37 | +0.101% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0580% | 8h | 149.40 | +0.121% | $47K | $44K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0599% | 8h | 149.37 | +0.101% | $4.1M | $1.9M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT