Funding you earn now, next payment 10:00 UTC−0.0533%/8h= −58.3% APRpaid last 24h −0.130%
Price spread now: Polymarket Perps against BloFin−0.100%45s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.191%−$19 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$16 a day on $10k at the current rate, and Polymarket Perps is 0.100% cheaper against BloFin than usual: you would sell low and buy high (−$10 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 45 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.191% in total (about -10.0% 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 | BloFin ORCL-USDT | 149.53 | 0.0583 | pay 0.0583% / 8h | 6h 09m | $48K | $45K | 20x |
| Short | Polymarket Perps ORCL-USD | 149.38 | 0.0050 | get 0.0006% / 1h | 9m 37s | $131K | $69K | 10x |
BloFin ORCL-USDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against BloFin. 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
- −$111.83
- Price spread: −0.100% → 0.000%
- −$10.03
- Slippage, 4 orders
- no order book: not counted
- Fee BloFin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$141.86
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: BloFin: no order-book sample; Polymarket Perps: live order book, 40 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 BloFin no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 40 min ago | 2.68 bp | 8.0 bp −$8 | 11.6 bp −$116 | doesn't fit | doesn't fit |
BloFin: 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 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 | −0.0849% | 4h | 149.43 | −0.068% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.020% | $105K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.53 | 0.000% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.69 | +0.107% | $3K | $2.4M | 10x | as long as short |
| HTX ORCL-USDT | +0.0024% | 8h | 149.43 | −0.067% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | −0.033% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.314% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.44 | −0.060% | $614K | $285K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | −0.114% | — | $43K | 25x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.38 | −0.100% | $131K | $69K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
Vest ORCL-USD-PERPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.40 | −0.087% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.18 | −0.234% | $698K | $843K | 10x | as long as short |
| Nado ORCL-PERP | +0.0060% | 1h | 149.26 | −0.183% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.40 | −0.087% | $1.1M | $2.0M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.45 | −0.054% | $241K | $408K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.37 | −0.107% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.40 | −0.087% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0149% | 1h | 149.31 | −0.147% | $21.8M | $6.7M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0205% | 8h | 149.41 | −0.080% | $5.0M | $5.9M | 20x | as long as short |
| Variational Omni ORCL | +0.0215% | 8h | 149.44 | −0.063% | $1.2M | $400K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.41 | −0.081% | $387K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0313% | 8h | 149.45 | −0.053% | $25.2M | $35.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0370% | 8h | 149.55 | +0.013% | $2.3M | $2.9M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.35 | −0.120% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0441% | 8h | 149.43 | −0.067% | $1K | $139K | 10x | as long as short |
| BloFin ORCL-USDTlong | +0.0583% | 8h | 149.53 | long leg | $48K | $45K | 20x | |
| Phoenix ORCL | +0.0589% | 1h | 149.32 | −0.140% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0609% | 8h | 149.51 | −0.013% | $4.1M | $1.8M | 50x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
Phoenix ORCL
Bybit ORCLUSDT