Funding you earn now, next payment 07:00 UTC−0.0170%/8h= −18.6% APRpaid last 24h −0.081%
Price spread now: Polymarket Perps against Gate−0.100%48s7-day average −0.128% · you buy dearer than you sell
Net, funding: paid 7d − costs−$69as 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−$500.496% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 7 days−0.126%−$13 · spread now −0.100%, 7d avg −0.128%
=The price spread pays, funding is against you. Polymarket Perps is 0.027% dearer against Gate than usual: you sell high and buy low (spread −0.100% now, against its 7-day average of −0.128%): +$3 on $10k if it goes back. Holding the pair costs −$5 a day in funding at the current rate, which eats that in about 13 hours. The two prices were read 48 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 | Gate ORCL_USDT | 149.49 | 0.0220 | pay 0.0220% / 8h | 1h 20m | $2.3M | $3.0M | 25x |
| Short | Polymarket Perps ORCL-USD | 149.34 | 0.0050 | get 0.0006% / 1h | 20m 32s | $131K | $92K | 10x |
Gate ORCL_USDT
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against Gate. 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
- −$35.7
- Price spread: −0.100% → −0.128%
- $2.72
- Slippage, 4 orders
- −$26.6
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$82.58
- Costs to cover
- 0.496%
- Break-even
- never at this rate
Slippage from Gate: live order book, 2 min ago; Polymarket Perps: live order book, 21 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 Gate live order book, 2 min ago | 4.35 bp | 17.9 bp −$18 | 34.6 bp −$346 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 21 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 | −0.0927% | 4h | 149.40 | −0.059% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.25 | −0.158% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.49 | 0.000% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.65 | +0.107% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | −0.054% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | −0.007% | $474K | $54K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.40 | −0.060% | $623K | $322K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.288% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.120% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.40 | −0.060% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.28 | −0.140% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 149.34 | −0.100% | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.40 | −0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.24 | −0.167% | $698K | $894K | 10x | as long as short |
| Nado ORCL-PERP | +0.0056% | 1h | 149.25 | −0.163% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 149.41 | −0.054% | $1.1M | $2.0M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.32 | −0.114% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.38 | −0.074% | $190 | — | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0134% | 8h | 149.38 | −0.074% | $240K | $278K | 20x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0162% | 8h | 149.43 | −0.040% | $1K | $162K | 10x | as long as short |
| Variational Omni ORCL | +0.0163% | 8h | 149.41 | −0.054% | $1.2M | $423K | — | as long as short |
| Gate ORCL_USDTlong | +0.0220% | 8h | 149.49 | long leg | $2.3M | $3.0M | 25x | |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 149.50 | +0.007% | $4.9M | $6.0M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.41 | −0.055% | $391K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0258% | 8h | 149.45 | −0.028% | $24.9M | $36.9M | 20x | as long as short |
| Phoenix ORCL | +0.0429% | 1h | 149.29 | −0.134% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0574% | 8h | 149.42 | −0.047% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0599% | 8h | 149.40 | −0.060% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
KuCoin ORCLUSDTM
GRVT ORCL_USDT_Perp
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Binance ORCLUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT