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

ORCL

RWAall ORCL markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: tradeXYZ against Polymarket Perps−0.040%7-day average −0.014% · you buy dearer than you sell
Net, funding: paid 7d − costs−$39as in the Funding arb table
Net, price: spread back to 7d avg − costs−$41as in the Price arb table
costs, in and out, $10k−$380.385% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.006%−$1 on $10k
Price spread, last 7 days+0.147%+$15 · spread now −0.040%, 7d avg −0.014%
Together, before fees+0.141%+ Points / potential airdroptradeXYZ: Active · farm board+$14 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: tradeXYZ is 0.027% cheaper against Polymarket Perps than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.014%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongPolymarket Perps ORCL-USD149.050.0050pay 0.0006% / 1h30m 59s$131K$82K10x
ShorttradeXYZ xyz:ORCL148.990.0050get 0.0006% / 1h30m 59s$21.6M$6.9M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

tradeXYZ 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
$0
Price spread: −0.040% → −0.014%
−$2.66
Slippage, 4 orders
−$12.49
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Fee tradeXYZ: 9 bp × 2 orders
−$18
Net
−$41.14
Costs to cover
0.385%
Break-even
never at this rate
Slippage from Polymarket Perps: live order book, 6 min ago; tradeXYZ: live order book, 8 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, 6 min ago2.68 bp6.7 bp −$77.3 bp −$7321.1 bp −$2,110doesn't fit
Sell tradeXYZ live order book, 8 min ago0.34 bp10.6 bp −$1114.2 bp −$142doesn'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−0.0538%4h149.16+0.071%$28K$215K10xas long as short
Aster ORCLUSDT0.0000%8h149.79+0.498%$98K$20K20xas long as short
Bitget ORCLUSDT0.0000%8h149.23+0.121%$7.7M$2.7M20xas long as short
SunX ORCL-USDT0.0000%8h149.34+0.195%$3K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.20+0.101%$52K$25K20xas long as short
Lighter ORCL+0.0032%1h149.16+0.074%$476K$59K10xas long as short
Lighter RH ORCL+0.0032%1h149.12+0.047%$622K$316K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06+0.007%$20K$9K12xas long as short
Arcus ORCL-USD+0.0040%1h149.06+0.007%$86K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.12+0.047%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCLshort+0.0050%1h148.99−0.040%$21.6M$6.9M10x
Polymarket Perps ORCL-USDlong+0.0050%1h149.05long leg$131K$82K10x
SoDEX ORCL-USD+0.0050%1h149.11+0.040%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h148.90−0.101%$697K$854K10xas long as short
Nado ORCL-PERP+0.0056%1h149.00−0.034%$88K$22K10xas long as short
QFEX ORCL-USD+0.0057%1h149.07+0.013%$1.1M$2.0M10xas long as short
KuCoin ORCLUSDTM+0.0100%8h149.19+0.094%$240K$274K20xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.13+0.054%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.10+0.034%$19010xas long as short
Variational Omni ORCL+0.0170%8h149.20+0.098%$1.2M$424Kas long as short
GRVT ORCL_USDT_Perp+0.0188%8h149.27+0.144%$1K$156K10xas long as short
Gate ORCL_USDT+0.0199%8h149.22+0.114%$2.3M$3.0M25xas long as short
OKX ORCL-USDT-SWAP+0.0233%8h149.09+0.027%$4.9M$6.0M20xas long as short
Binance ORCLUSDT+0.0261%8h149.14+0.060%$24.9M$36.5M20xas long as short
Extended ORCL_24_5-USD+0.0264%1h149.10+0.033%$388K$2.1M10xas long as short
Phoenix ORCL+0.0483%1h149.14+0.060%$152K$72K10xas long as short
Bybit ORCLUSDT+0.0562%8h149.14+0.060%$4.1M$1.9M50xas long as short
BloFin ORCL-USDT+0.0588%8h149.17+0.081%$47K$44K20xas long as short