Funding arb · Price arb /

ORCL

RWAall ORCL markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 00:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.022%

Price spread now: Polymarket Perps against Aster−0.048%7-day average — · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on Aster Short on Polymarket Perps

What this pair did over the last

the charts below follow

Funding, last 7 days+0.115%+$11 on $10k

Price spread, last 7 days—no price history on both exchanges yet

Together, before fees—+ Points / potential airdropAster: Stage 5 · farm boardneeds both histories

Funding pays, the price is against you. Polymarket Perps is 0.048% cheaper against Aster than usual: you would sell low and buy high (spread −0.048% now, against zero (this spread has no 7-day history yet)). If the spread goes back, that is −$5 on $10k: about 3.2 days of funding at the current rate (+$2 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Aster ORCLUSDT	149.05	0	get 0.0000% / 8h	41m 13s	$93K	$16K	20x
Short	Polymarket Perps ORCL-USD	148.98	0.0050	get 0.0006% / 1h	41m 13s	$131K	$122K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Polymarket Perps against Aster. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee AsterbpFee Polymarket PerpsbpOrdersPrice spread, now −0.048%Rate

Funding earned: $10.5
Price spread: −0.048% → 0.000%: −$4.83
Slippage, 4 orders: no order book: not counted
Fee Aster: 4 bp × 2 orders: −$8
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Net: −$10.33
Costs to cover: 0.160%
Break-even: 13.9 days

Slippage unknown: Aster: no order-book sample; Polymarket Perps: live order book, 35 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 Aster no order-book sample	—	—	—	—	—
Sell Polymarket Perps live order book, 35 min ago	0.67 bp	7.3 bp −$7	10.1 bp −$101	17.2 bp −$1,724	doesn't fit

Aster: 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	−0.0607%	4h	149.07	+0.011%	$28K	$215K	10x	as long as short
Aster ORCLUSDTlong	0.0000%	8h	149.05	long leg	$93K	$16K	20x
Gate ORCL_USDT	0.0000%	8h	149.13	+0.052%	$2.3M	$2.9M	25x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.34	+0.193%	$2K	$2.9M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.07	+0.012%	$52K	$22K	20x	as long as short
Variational Omni ORCL	+0.0014%	8h	149.03	−0.014%	$1.3M	$314K	—	as long as short
Lighter ORCL	+0.0032%	1h	149.09	+0.025%	$472K	$53K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	+0.005%	$20K	$14K	12x	as long as short
GRVT ORCL_USDT_Perp	+0.0037%	8h	149.04	−0.006%	$2K	$196K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	148.98	−0.048%	—	$127K	25x	as long as short

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Polymarket Perps ORCL-USDshort	+0.0050%	1h	148.98	−0.048%	$131K	$122K	10x
SoDEX ORCL-USD	+0.0050%	1h	149.09	+0.025%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	148.76	−0.196%	$708K	$692K	10x	as long as short
QFEX ORCL-USD	+0.0071%	1h	149.04	−0.008%	$1.1M	$2.9M	10x	as long as short
Extended ORCL_24_5-USD	+0.0080%	1h	149.07	+0.013%	$386K	$1.4M	10x	as long as short
Binance ORCLUSDT	+0.0083%	8h	149.10	+0.034%	$24.9M	$35.6M	20x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	148.96	−0.062%	$22K	$269K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.06	+0.005%	$190	—	10x	as long as short
tradeXYZ xyz:ORCL	+0.0176%	1h	148.96	−0.062%	$21.4M	$8.5M	10x	as long as short
Nado ORCL-PERP	+0.0179%	1h	148.88	−0.118%	$92K	$18K	10x	as long as short
Lighter RH ORCL	+0.0184%	1h	149.07	+0.012%	$620K	$462K	10x	as long as short
KuCoin ORCLUSDTM	+0.0195%	8h	149.14	+0.059%	$258K	$236K	20x	as long as short
OKX ORCL-USDT-SWAP	+0.0270%	8h	149.09	+0.025%	$4.7M	$5.7M	20x	as long as short
Arcus ORCL-USD	+0.0289%	1h	148.99	−0.042%	$86K	$90K	10x	as long as short
Bitget ORCLUSDT	+0.0343%	8h	149.09	+0.025%	$7.4M	$4.7M	20x	as long as short
BloFin ORCL-USDT	+0.0500%	8h	149.10	+0.032%	$47K	$51K	20x	as long as short
Bybit ORCLUSDT	+0.0517%	8h	149.10	+0.032%	$3.5M	$1.6M	50x	as long as short
Phoenix ORCL	+0.0538%	1h	148.89	−0.109%	$149K	$84K	10x	as long as short