Funding you earn now, next payment 06:00 UTC−0.0219%/8h= −23.9% APRpaid last 24h −0.048%
Price spread now: Polymarket Perps against Binance−0.107%7-day average −0.097% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$32as in the Price arb table
costs, in and out, $10k−$310.313% of the position
Funding, last 7 days−0.043%−$4 on $10k
+Price spread, last 7 days−0.110%−$11 · spread now −0.107%, 7d avg −0.097%
=The price spread sits at its 7-day average of −0.097%, so right now this pair is about funding alone: −$7 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.043% in total (about -2.2% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 149.01 | 0.0269 | pay 0.0269% / 8h | 2h 24m | $25.0M | $35.9M | 20x |
| Short | Polymarket Perps ORCL-USD | 148.85 | 0.0050 | get 0.0006% / 1h | 24m 54s | $130K | $92K | 10x |
Binance ORCLUSDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Binance. 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
- −$45.93
- Price spread: −0.107% → −0.097%
- −$1.03
- Slippage, 4 orders
- −$13.3
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$78.26
- Costs to cover
- 0.313%
- Break-even
- never at this rate
Slippage from Binance: live order book, 2 min ago; Polymarket Perps: live order book, 22 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 Binance live order book, 2 min ago | 0.34 bp | 8.7 bp −$9 | 16.0 bp −$160 | 70.5 bp −$7,049 | doesn't fit |
| Sell Polymarket Perps live order book, 22 min ago | 2.68 bp | 7.3 bp −$7 | 7.7 bp −$77 | 15.6 bp −$1,557 | 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 | −0.0588% | 4h | 148.82 | −0.125% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | +0.014% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.06 | +0.034% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.13 | +0.081% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.23 | +0.148% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.01 | 0.000% | $472K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.97 | −0.027% | $621K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.034% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.83 | −0.121% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.95 | −0.040% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.86 | −0.100% | $21.5M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 148.85 | −0.107% | $130K | $92K | 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 | 148.70 | −0.208% | $687K | $877K | 10x | as long as short |
| Nado ORCL-PERP | +0.0057% | 1h | 148.79 | −0.146% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.93 | −0.053% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.85 | −0.107% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.90 | −0.074% | $189 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0158% | 8h | 149.03 | +0.014% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0187% | 8h | 148.89 | −0.080% | $1.2M | $416K | — | as long as short |
| Gate ORCL_USDT | +0.0260% | 8h | 149.03 | +0.014% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0260% | 8h | 149.02 | +0.007% | $240K | $287K | 20x | as long as short |
| Binance ORCLUSDTlong | +0.0269% | 8h | 149.01 | long leg | $25.0M | $35.9M | 20x | |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 148.96 | −0.036% | $388K | $1.6M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0305% | 8h | 149.02 | +0.007% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 148.84 | −0.114% | $152K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0624% | 8h | 149.07 | +0.040% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0653% | 8h | 149.03 | +0.014% | $47K | $43K | 20x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Gate ORCL_USDT
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT