Funding you earn now, next payment 10:00 UTC−0.0027%/8h= −3.0% APRpaid last 24h −0.015%
Price spread now: Polymarket Perps against Orderly−0.040%7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+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 −$1 a day on $10k at the current rate, and Polymarket Perps is 0.040% cheaper against Orderly than usual: you would sell low and buy high (−$4 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Orderly PERP_ORCL_USDC_mythos | 149.36 | 0.0100 | pay 0.0100% / 8h | 6h 57m | $190 | — | 10x |
| Short | Polymarket Perps ORCL-USD | 149.30 | 0.0073 | get 0.0009% / 1h | 57m 14s | $131K | $70K | 10x |
Orderly PERP_ORCL_USDC_mythos
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Orderly. 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
- −$5.76
- Price spread: −0.040% → 0.000%
- −$4.02
- Slippage, 4 orders
- no order book: not counted
- Fee Orderly: 3 bp × 2 orders
- −$6
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$23.78
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Orderly: no order-book sample; Polymarket Perps: live order book, 11 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 Orderly no order-book sample | — | — | — | — | — |
| Sell Polymarket Perps live order book, 11 min ago | 3.68 bp | 9.4 bp −$9 | 9.7 bp −$97 | doesn't fit | doesn't fit |
Orderly: 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 | −0.0336% | 4h | 149.37 | +0.010% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.11 | −0.168% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.57 | +0.141% | $7.7M | $2.5M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.59 | +0.154% | $3K | $2.5M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.080% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.42 | +0.040% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.201% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.36 | 0.000% | — | $55K | 25x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.36 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.18 | −0.121% | $715K | $838K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDshort | +0.0073% | 1h | 149.30 | −0.040% | $131K | $70K | 10x | |
| QFEX ORCL-USD | +0.0075% | 1h | 149.30 | −0.040% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.40 | +0.027% | $242K | $356K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.22 | −0.094% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythoslong | +0.0100% | 8h | 149.36 | long leg | $190 | — | 10x | |
| Lighter RH ORCL | +0.0112% | 1h | 149.36 | 0.000% | $607K | $277K | 10x | as long as short |
| Nado ORCL-PERP | +0.0141% | 1h | 149.16 | −0.136% | $88K | $22K | 10x | as long as short |
| Variational Omni ORCL | +0.0155% | 8h | 149.36 | −0.002% | $1.2M | $416K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0207% | 8h | 149.49 | +0.087% | $5.0M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0261% | 8h | 149.47 | +0.073% | $25.2M | $35.7M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.34 | −0.015% | $388K | $2.1M | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0280% | 8h | 149.35 | −0.007% | $1K | $144K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0324% | 1h | 149.37 | +0.007% | $21.8M | $6.8M | 10x | as long as short |
| Gate ORCL_USDT | +0.0325% | 8h | 149.48 | +0.080% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.23 | −0.087% | $86K | $79K | 10x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 149.30 | −0.040% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0686% | 8h | 149.50 | +0.094% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0705% | 8h | 149.34 | −0.013% | $48K | $45K | 20x | as long as short |
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Lighter RH ORCL
Nado ORCL-PERP
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
GRVT ORCL_USDT_Perp
tradeXYZ xyz:ORCL
Gate ORCL_USDT
Arcus ORCL-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT