Funding you earn now, next payment 03:00 UTC−0.0050%/8h= −5.5% APRnext payment −$0.06 per $10,000 · paid last 24h −0.015%
Price spread now: Polymarket Perps against ApeX Omni−0.080%63s7-day average −0.037% · you buy dearer than you sell
Net, funding: paid 7d − costs−$60as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$510.506% of the position
Funding, last 7 days−0.090%−$9 on $10k
+Price spread, last 4 days (all we have)+0.208%+$21 · spread now −0.080%, 7d avg −0.037%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.043% cheaper against ApeX Omni than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of −0.037%). Swap the legs. The two prices were read 63 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 | ApeX Omni ORACLEUSDT | 149.30 | 0.0100 | pay 0.0013% / 1h | 47m 38s | $22K | $267K | 50x |
| Short | Polymarket Perps ORCL-USD | 149.18 | 0.0050 | get 0.0006% / 1h | 47m 38s | $131K | $90K | 10x |
ApeX Omni ORACLEUSDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against ApeX 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
- −$10.5
- Price spread: −0.080% → −0.037%
- −$4.33
- Slippage, 4 orders
- −$32.6
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$65.43
- Costs to cover
- 0.506%
- Break-even
- never at this rate
Slippage from ApeX Omni: live order book, 14 min ago; Polymarket Perps: live order book, 14 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 ApeX Omni live order book, 14 min ago | 6.69 bp | 17.3 bp −$17 | 182.4 bp −$1,824 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 14 min ago | 2.01 bp | 6.7 bp −$7 | 7.3 bp −$73 | 15.9 bp −$1,591 | doesn't fit |
ORCL on 27 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 | −0.0172% | 4h | 149.24 | −0.038% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.14 | −0.105% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.50 | +0.134% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.35 | +0.033% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.30 | 0.000% | $473K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.23 | −0.047% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.161% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.17 | −0.087% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.27 | −0.020% | — | $67K | 25x | as long as short |
| Nado ORCL-PERP | +0.0048% | 1h | 149.12 | −0.121% | $92K | $18K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
Nado ORCL-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.15 | −0.100% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.18 | −0.080% | $131K | $90K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | −0.040% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.174% | $696K | $717K | 10x | as long as short |
| Gate ORCL_USDT | +0.0051% | 8h | 149.28 | −0.013% | $2.3M | $2.9M | 25x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.19 | −0.074% | $1.1M | $2.7M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0080% | 8h | 149.33 | +0.020% | $7.7M | $4.0M | 20x | as long as short |
| ApeX Omni ORACLEUSDTlong | +0.0100% | 1h | 149.30 | long leg | $22K | $267K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.23 | −0.047% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0156% | 8h | 149.27 | −0.020% | $2K | $179K | 10x | as long as short |
| Variational Omni ORCL | +0.0185% | 8h | 149.24 | −0.040% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0247% | 8h | 149.24 | −0.040% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.20 | −0.066% | $389K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0322% | 8h | 149.39 | +0.060% | $260K | $268K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0332% | 8h | 149.25 | −0.033% | $4.9M | $5.5M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0494% | 8h | 149.33 | +0.020% | $3.6M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.16 | −0.094% | $152K | $75K | 10x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Gate ORCL_USDT
QFEX ORCL-USD
Bitget ORCLUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL