Funding you earn now, next payment 12:00 UTC−0.0770%/8h= −84.3% APRpaid last 24h −0.148%
Price spread now: edgeX against Polymarket Perps+0.005%64s7-day average +0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$165as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$370.369% of the position
Funding, last 7 days−1.276%−$128 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.005%, 7d avg +0.052%
=Together, before fees−1.236%+ Points / potential airdropedgeX: Active · farm board−$124 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and edgeX is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of +0.052%). Swap the legs. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 150.36 | 0.0220 | pay 0.0027% / 1h | 58m 25s | $79K | $150K | 10x |
| Short | edgeX ORCLUSDC | 150.37 | −0.0550 | pay 0.0275% / 4h | 58m 25s | $28K | $216K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
edgeX 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$161.65
- Price spread: +0.005% → +0.052%
- −$4.71
- Slippage, 4 orders
- −$19.93
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Net
- −$203.28
- Costs to cover
- 0.369%
- Break-even
- never at this rate
Slippage from Polymarket Perps: live order book, 46 min ago; edgeX: live order book, 46 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 Polymarket Perps live order book, 46 min ago | 2.34 bp | 8.8 bp −$9 | 9.3 bp −$93 | doesn't fit | doesn't fit |
| Sell edgeX live order book, 46 min ago | 4.01 bp | 12.1 bp −$12 | 19.3 bp −$193 | doesn't fit | doesn't fit |
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 ORCLUSDCshort | −0.0550% | 4h | 150.37 | +0.005% | $28K | $216K | 10x | |
| Aster ORCLUSDT | 0.0000% | 8h | 150.54 | +0.122% | $106K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.99 | +0.419% | $3K | $2.3M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 150.43 | +0.047% | $481K | $60K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.865% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 150.55 | +0.126% | — | $7K | 25x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.51 | +0.100% | $697K | $891K | 10x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 150.33 | −0.020% | $1.1M | $1.9M | 10x | as long as short |
| Lighter RH ORCL | +0.0096% | 1h | 150.36 | 0.000% | $626K | $293K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 150.42 | +0.040% | $243K | $489K | 20x | as long as short |
Show all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 150.34 | −0.013% | $23K | $262K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 150.61 | +0.166% | $192 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0114% | 1h | 150.20 | −0.105% | $89K | $6K | 10x | as long as short |
| HTX ORCL-USDT | +0.0135% | 8h | 150.53 | +0.113% | $52K | $18K | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0156% | 1h | 150.29 | −0.047% | $21.9M | $6.6M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0202% | 8h | 150.53 | +0.113% | $7.8M | $2.5M | 20x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0220% | 1h | 150.36 | long leg | $79K | $150K | 10x | |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 150.35 | −0.007% | $5.0M | $6.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0287% | 8h | 150.52 | +0.106% | $2.3M | $2.8M | 25x | as long as short |
| Variational Omni ORCL | +0.0347% | 8h | 150.38 | +0.010% | $1.2M | $371K | — | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 150.26 | −0.067% | $87K | $71K | 10x | as long as short |
| Extended ORCL_24_5-USD | +0.0448% | 1h | 150.33 | −0.022% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0448% | 8h | 150.37 | +0.007% | $25.5M | $35.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0603% | 8h | 150.42 | +0.040% | $2K | $136K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0653% | 8h | 150.50 | +0.093% | $48K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0660% | 8h | 150.46 | +0.067% | $4.2M | $1.8M | 50x | as long as short |
| SoDEX ORCL-USD | +0.0712% | 1h | 150.53 | +0.113% | $30K | $3K | 10x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 150.29 | −0.047% | $154K | $72K | 10x | as long as short |
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
HTX ORCL-USDT
tradeXYZ xyz:ORCL
Bitget ORCLUSDT
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
SoDEX ORCL-USD
Phoenix ORCL