Funding you earn now, next payment 12:00 UTC−0.0277%/8h= −30.4% APRpaid last 24h −0.039%
Price spread now: Polymarket Perps against Variational Omni−0.025%7-day average −0.088% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 4 days (all we have)+0.008%+$1 on $10k
+Price spread, last 7 days−0.077%−$8 · spread now −0.025%, 7d avg −0.088%
=Together, before fees−0.070%+ Points / potential airdropVariational Omni: Active · farm board−$7 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.063% dearer against Variational Omni than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.088%): +$6 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 18 hours.
The current funding rate is far above what this pair has been paying: over the last 4 days it paid 0.008% in total (about 0.7% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Variational Omni ORCL | 151.16 | 0.0327 | pay 0.0327% / 8h | 4h 10m | $1.2M | $363K | — |
| Short | Polymarket Perps ORCL-USD | 151.12 | 0.0050 | get 0.0006% / 1h | 10m 23s | $73K | $157K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Variational Omni. 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
- −$58.22
- Price spread: −0.025% → −0.088%
- $6.3
- Slippage, 4 orders
- no order book: not counted
- Fee Variational Omni: 0 bp × 2 orders
- $0
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$59.92
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Variational Omni: RFQ quote, 2 min ago; Polymarket Perps: live order book, 29 min ago. 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 Variational Omni RFQ quote, 2 min ago | 3.74 bp | doesn't fit | 35.8 bp −$358 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 29 min ago | 2.66 bp | 6.7 bp −$7 | 8.2 bp −$82 | 13.6 bp −$1,363 | doesn't fit |
ORCL on 28 exchanges
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 | −0.0336% | 4h | 151.15 | −0.003% | $29K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 151.41 | +0.166% | $107K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 151.43 | +0.180% | $3K | $2.3M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 151.21 | +0.034% | $52K | $18K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 151.19 | +0.021% | $483K | $60K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 151.14 | −0.012% | $624K | $299K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −1.388% | $20K | $9K | 12x | as long as short |
| Nado ORCL-PERP | +0.0033% | 1h | 150.98 | −0.115% | $89K | $5K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 150.97 | −0.125% | $22.0M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 151.12 | −0.025% | $73K | $157K | 10x |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 151.15 | −0.006% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 151.06 | −0.065% | $698K | $989K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0068% | 1h | 151.27 | +0.074% | — | — | 25x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 151.14 | −0.012% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 151.21 | +0.034% | $245K | $547K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.97 | −0.125% | $23K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 151.17 | +0.008% | $192 | — | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0209% | 8h | 151.15 | −0.006% | $5.1M | $6.3M | 20x | as long as short |
| Gate ORCL_USDT | +0.0211% | 8h | 151.33 | +0.114% | $2.4M | $2.9M | 25x | as long as short |
| Variational Omni ORCLlong | +0.0327% | 8h | 151.16 | long leg | $1.2M | $363K | — | |
| Bitget ORCLUSDT | +0.0378% | 8h | 151.28 | +0.080% | $7.8M | $2.6M | 20x | as long as short |
| Binance ORCLUSDT | +0.0430% | 8h | 151.16 | +0.001% | $25.7M | $37.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0432% | 1h | 151.16 | −0.002% | $393K | $2.6M | 10x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 151.05 | −0.072% | $88K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0468% | 8h | 151.13 | −0.018% | $2K | $141K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0575% | 8h | 151.19 | +0.021% | $2K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0593% | 8h | 151.20 | +0.027% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 151.12 | −0.025% | $154K | $85K | 10x | as long as short |
Variational Omni ORCL
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Bitget ORCLUSDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL