Funding you earn now, next payment 08:00 UTC−0.0206%/8h= −22.6% APRnext payment −$0.26 per $10,000 · paid last 24h −0.050%
Price spread now: Polymarket Perps against Extended−0.025%7-day average −0.088% · you buy dearer than you sell
Net, funding: paid 7d − costs−$35as in the Funding arb table
Net, price: spread back to 7d avg − costs−$23as in the Price arb table
costs, in and out, $10k−$290.291% of the position
Funding, last 7 days−0.060%−$6 on $10k
+Price spread, last 7 days−0.196%−$20 · spread now −0.025%, 7d avg −0.088%
=Together, before fees−0.256%+ Points / potential airdropExtended: Active · farm board−$26 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.062% dearer against Extended than usual: you sell high and buy low (spread −0.025% now, against its 7-day average of −0.088%): +$6 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 24 hours. At the pace of the last 7 days (−0.060% in total) that is about 7.3 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.060% in total (about -3.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$0.26 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Extended ORCL_24_5-USD | 149.09 | 0.0256 | pay 0.0032% / 1h | 55m 59s | $388K | $1.4M | 10x |
| Short | Polymarket Perps ORCL-USD | 149.05 | 0.0050 | get 0.0006% / 1h | 55m 59s | $131K | $92K | 10x |
Extended ORCL_24_5-USD
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Extended. 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
- −$43.26
- Price spread: −0.025% → −0.088%
- $6.24
- Slippage, 4 orders
- −$16.1
- Fee Extended: 2.5 bp × 2 orders
- −$5
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$66.12
- Costs to cover
- 0.291%
- Break-even
- never at this rate
Slippage from Extended: live order book, 2 min ago; Polymarket Perps: 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 Extended live order book, 2 min ago | 0.67 bp | 7.2 bp −$7 | 56.5 bp −$565 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 46 min ago | 2.01 bp | 8.6 bp −$9 | 9.2 bp −$92 | 17.0 bp −$1,704 | doesn't fit |
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 | −0.0507% | 4h | 149.29 | +0.134% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.03 | −0.039% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.25 | +0.109% | $7.7M | $2.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.48 | +0.263% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.24 | +0.102% | $52K | $25K | 20x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.12 | +0.022% | $622K | $316K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.018% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.14 | +0.035% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.11 | +0.015% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.00 | −0.059% | $21.6M | $6.9M | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.05 | −0.025% | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.15 | +0.042% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.04 | −0.032% | $698K | $856K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.10 | +0.008% | $1.1M | $2.0M | 10x | as long as short |
| Lighter ORCL | +0.0088% | 1h | 149.17 | +0.055% | $476K | $59K | 10x | as long as short |
| Nado ORCL-PERP | +0.0100% | 1h | 148.98 | −0.071% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.29 | +0.136% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.08 | −0.005% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0111% | 8h | 149.19 | +0.069% | $240K | $274K | 20x | as long as short |
| Variational Omni ORCL | +0.0163% | 8h | 149.24 | +0.105% | $1.2M | $421K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0176% | 8h | 149.30 | +0.143% | $1K | $161K | 10x | as long as short |
| Gate ORCL_USDT | +0.0210% | 8h | 149.24 | +0.102% | $2.3M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0249% | 8h | 149.13 | +0.029% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USDlong | +0.0256% | 1h | 149.09 | long leg | $388K | $1.4M | 10x | |
| Binance ORCLUSDT | +0.0259% | 8h | 149.13 | +0.029% | $24.9M | $36.5M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.22 | +0.089% | $153K | $72K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0574% | 8h | 149.17 | +0.055% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0584% | 8h | 149.41 | +0.216% | $47K | $44K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Lighter ORCL
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT