Funding you earn now, next payment 20:00 UTC+0.0050%/8hpaid last 24h −0.074%
Price spread now: Polymarket Perps against Gate−0.061%7-day average −0.126% · you buy dearer than you sell
Net, funding: paid 7d − costs−$71as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$520.518% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 7 days−0.031%−$3 · spread now −0.061%, 7d avg −0.126%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Polymarket Perps is 0.066% dearer against Gate than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.126%. Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate ORCL_USDT | 148.52 | 0 | get 0.0000% / 8h | 4h 04m | $2.2M | $3.1M | 25x |
| Short | Polymarket Perps ORCL-USD | 148.43 | 0.0050 | get 0.0006% / 1h | 4m 02s | $130K | $122K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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: −0.061% → −0.126%
- $6.57
- Slippage, 4 orders
- −$28.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$34.71
- Costs to cover
- 0.518%
- Break-even
- 30.1 days
Slippage from Gate: live order book, 3 min ago; Polymarket Perps: live order book, 27 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 Gate live order book, 3 min ago | 4.38 bp | 21.1 bp −$21 | 35.5 bp −$355 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 27 min ago | 1.69 bp | 9.4 bp −$9 | 10.2 bp −$102 | 23.4 bp −$2,344 | 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 | −0.0745% | 4h | 148.59 | +0.045% | $29K | $213K | 10x | as long as short |
| Gate ORCL_USDTlong | 0.0000% | 8h | 148.52 | long leg | $2.2M | $3.1M | 25x | |
| SunX ORCL-USDT | 0.0000% | 8h | 148.75 | +0.155% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.52 | 0.000% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.56 | +0.027% | $471K | $52K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.50 | −0.013% | $621K | $475K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.364% | $20K | $45K | 12x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0041% | 8h | 148.45 | −0.049% | $2K | $201K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.43 | −0.061% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.42 | −0.067% | $21.6M | $8.6M | 10x | 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 | 148.43 | −0.061% | $130K | $122K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.49 | −0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.36 | −0.108% | $735K | $624K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 148.41 | −0.074% | $1.1M | $2.7M | 10x | as long as short |
| Variational Omni ORCL | +0.0082% | 8h | 148.39 | −0.088% | $1.3M | $269K | — | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.42 | −0.067% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.47 | −0.034% | $189 | — | 10x | as long as short |
| Aster ORCLUSDT | +0.0104% | 8h | 148.62 | +0.065% | $93K | $16K | 20x | as long as short |
| Nado ORCL-PERP | +0.0126% | 1h | 148.28 | −0.164% | $92K | $19K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0128% | 8h | 148.51 | −0.007% | $256K | $159K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 148.48 | −0.025% | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0193% | 8h | 148.48 | −0.027% | $24.7M | $35.8M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0265% | 8h | 148.46 | −0.040% | $4.7M | $5.6M | 20x | as long as short |
| Arcus ORCL-USD | +0.0304% | 1h | 148.44 | −0.054% | $78K | $81K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0503% | 8h | 148.55 | +0.020% | $3.4M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0508% | 8h | 148.50 | −0.013% | $2K | $52K | 20x | as long as short |
| Bitget ORCLUSDT | +0.0529% | 8h | 148.50 | −0.013% | $7.4M | $4.9M | 20x | as long as short |
| Phoenix ORCL | +0.0539% | 1h | 148.35 | −0.114% | $149K | $101K | 10x | as long as short |
Gate ORCL_USDT
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Variational Omni ORCL
ApeX Omni ORACLEUSDT
Aster ORCLUSDT
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
BloFin ORCL-USDT
Bitget ORCLUSDT
Phoenix ORCL