Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Polymarket Perps+0.074%57s7-day average +0.037% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$550.549% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.090%+$9 on $10k
Price spread, last 4 days (all we have)−0.031%−$3 · spread now +0.074%, 7d avg +0.037%
Together, before fees+0.059%+$6 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.037% dearer against Polymarket Perps than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.037%. The two prices were read 57 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ORCL-USD149.460.0050pay 0.0006% / 1h39m 37s$131K$90K10x
ShortApeX Omni ORACLEUSDT149.570.0100get 0.0013% / 1h39m 37s$22K$262K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

ApeX Omni against Polymarket Perps. 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

Funding earned
$10.5
Price spread: +0.074% → +0.037%
$3.69
Slippage, 4 orders
−$36.91
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee ApeX Omni: 5 bp × 2 orders
−$10
Net
−$40.72
Costs to cover
0.549%
Break-even
34.1 days
Slippage from Polymarket Perps: live order book, 12 min ago; ApeX Omni: live order book, 12 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Polymarket Perps live order book, 12 min ago1.67 bp5.7 bp −$66.0 bp −$6011.9 bp −$1,188doesn't fit
Sell ApeX Omni live order book, 12 min ago8.69 bp19.3 bp −$19186.4 bp −$1,864doesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0948%4h149.56+0.064%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.37−0.058%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.56+0.067%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h149.72+0.174%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.82+0.241%$52K$24K20xas long as short
Nado ORCL-PERP+0.0031%1h149.44−0.016%$91K$20K10xas long as short
Lighter ORCL+0.0032%1h149.54+0.054%$474K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.47+0.007%$623K$315K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.268%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.48+0.013%$87K$79K10xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Vest ORCL-USD-PERP+0.0046%1h149.57+0.074%$67K25xas long as short
tradeXYZ xyz:ORCL+0.0050%1h149.35−0.074%$21.6M$6.8M10xas long as short
Polymarket Perps ORCL-USDlong+0.0050%1h149.46long leg$131K$90K10x
SoDEX ORCL-USD+0.0050%1h149.50+0.027%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.55+0.060%$703K$724K10xas long as short
QFEX ORCL-USD+0.0067%1h149.45−0.007%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDTshort+0.0100%1h149.57+0.074%$22K$262K50x
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.50+0.027%$19010xas long as short
GRVT ORCL_USDT_Perp+0.0210%8h149.53+0.049%$2K$177K10xas long as short
Variational Omni ORCL+0.0242%8h149.52+0.043%$1.3M$363Kas long as short
Gate ORCL_USDT+0.0294%8h149.51+0.033%$2.3M$3.0M25xas long as short
Binance ORCLUSDT+0.0319%8h149.45−0.008%$25.1M$35.4M20xas long as short
Extended ORCL_24_5-USD+0.0320%1h149.40−0.039%$390K$1.3M10xas long as short
KuCoin ORCLUSDTM+0.0355%8h149.61+0.100%$261K$278K20xas long as short
OKX ORCL-USDT-SWAP+0.0384%8h149.50+0.027%$5.0M$5.8M20xas long as short
Phoenix ORCL+0.0535%1h149.57+0.074%$153K$75K10xas long as short
Bybit ORCLUSDT+0.0711%8h149.52+0.040%$4.1M$1.8M50xas long as short
BloFin ORCL-USDT+0.0749%8h149.67+0.141%$47K$43K20xas long as short