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+0.0358%/8h= +39.2% APRpaid last 24h +0.174%
Price spread now: Polymarket Perps against edgeX+0.074%64s7-day average −0.056% · you sell dearer than you buy
Net, funding: paid 7d − costs+$91as in the Funding arb table
Net, price: spread back to 7d avg − costsprices read too far apart to compare
costs, in and out, $10k−$370.369% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+1.275%+$128 on $10k
Price spread, last 4 days (all we have)−0.118%−$12 · spread now +0.074%, 7d avg −0.056%
Together, before fees+1.157%+ Points / potential airdropedgeX: Active · farm board+$116 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$11 a day on $10k at the current rate, and Polymarket Perps is 0.129% dearer against edgeX than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.056%. The two prices were read 64 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongedgeX ORCLUSDC149.63−0.0308get 0.0154% / 4h3h 06m$28K$214K10x
ShortPolymarket Perps ORCL-USD149.740.0050get 0.0006% / 1h6m 19s$131K$91K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Polymarket Perps against edgeX. 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
$75.26
Price spread: +0.074% → −0.056%
$12.92
Slippage, 4 orders
−$19.89
Fee edgeX: 4.5 bp × 2 orders
−$9
Fee Polymarket Perps: 4 bp × 2 orders
−$8
Net
$51.29
Costs to cover
0.369%
Break-even
2.2 days
Slippage from edgeX: live order book, 46 min ago; Polymarket Perps: live order book, 45 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 edgeX live order book, 46 min ago5.68 bp10.7 bp −$1118.6 bp −$186doesn't fitdoesn't fit
Sell Polymarket Perps live order book, 45 min ago1.67 bp10.0 bp −$1010.3 bp −$10317.0 bp −$1,699doesn'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 ORCLUSDClong−0.0308%4h149.63long leg$28K$214K10x
Aster ORCLUSDT0.0000%8h149.85+0.149%$94K$16K20xas long as short
Bitget ORCLUSDT0.0000%8h149.91+0.187%$7.7M$3.8M20xas long as short
SunX ORCL-USDT0.0000%8h150.06+0.287%$2K$2.7M10xas long as short
HTX ORCL-USDT0.0000%8h149.72+0.060%$52K$24K20xas long as short
Lighter ORCL+0.0032%1h149.83+0.134%$475K$51K10xas long as short
Lighter RH ORCL+0.0032%1h149.81+0.120%$625K$317K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.381%$20K$12K12xas long as short
Arcus ORCL-USD+0.0040%1h149.630.000%$87K$79K10xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.79+0.107%$67K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:ORCL+0.0050%1h149.67+0.027%$21.7M$6.8M10xas long as short
Polymarket Perps ORCL-USDshort+0.0050%1h149.74+0.074%$131K$91K10x
SoDEX ORCL-USD+0.0050%1h149.79+0.107%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.68+0.033%$704K$797K10xas long as short
Nado ORCL-PERP+0.0066%1h149.68+0.036%$88K$22K10xas long as short
QFEX ORCL-USD+0.0067%1h149.78+0.100%$1.1M$2.1M10xas long as short
ApeX Omni ORACLEUSDT+0.0100%1h149.58−0.033%$22K$263K50xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.78+0.100%$19110xas long as short
GRVT ORCL_USDT_Perp+0.0192%8h149.67+0.027%$1K$175K10xas long as short
Variational Omni ORCL+0.0237%8h149.65+0.015%$1.3M$363Kas long as short
Binance ORCLUSDT+0.0312%8h149.85+0.147%$25.2M$35.6M20xas long as short
Extended ORCL_24_5-USD+0.0312%1h149.81+0.121%$388K$928K10xas long as short
Gate ORCL_USDT+0.0327%8h149.86+0.154%$2.3M$3.0M25xas long as short
KuCoin ORCLUSDTM+0.0334%8h149.80+0.114%$262K$277K20xas long as short
OKX ORCL-USDT-SWAP+0.0355%8h149.82+0.127%$5.0M$5.9M20xas long as short
Phoenix ORCL+0.0535%1h149.60−0.020%$153K$75K10xas long as short
BloFin ORCL-USDT+0.0657%8h149.74+0.074%$47K$43K20xas long as short
Bybit ORCLUSDT+0.0680%8h149.91+0.187%$4.1M$1.8M50xas long as short