Funding you earn now, next payment 09:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.032%
Price spread now: Polymarket Perps against KuCoin−0.181%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$388as in the Funding arb table
Net, price: spread back to 7d avg − costs−$388as in the Price arb table
costs, in and out, $10k−$3773.766% of the position
Funding, last 7 days−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)−0.285%−$28 · spread now −0.181%, 7d avg −0.069%
=Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and Polymarket Perps is 0.112% cheaper against KuCoin than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin ORCLUSDTM | 148.80 | 0.0100 | pay 0.0100% / 8h | 7h 34m | $241K | $313K | 20x |
| Short | Polymarket Perps ORCL-USD | 148.53 | 0.0050 | get 0.0006% / 1h | 34m 25s | $130K | $80K | 10x |
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps against KuCoin. 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
- −$10.5
- Price spread: −0.181% → −0.069%
- −$11.23
- Slippage, 4 orders
- −$356.64
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$398.37
- Costs to cover
- 3.766%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 58 min ago; Polymarket Perps: live order book, 62 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 KuCoin live order book, 58 min ago | 15.08 bp | 155.1 bp −$155 | doesn't fit | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 62 min ago | 2.68 bp | 8.6 bp −$9 | 8.8 bp −$88 | doesn't fit | 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 | −0.0151% | 4h | 148.85 | +0.032% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.86 | +0.040% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.81 | +0.007% | $7.7M | $2.6M | 20x | as long as short |
| GRVT ORCL_USDT_Perp | 0.0000% | 8h | 148.80 | −0.001% | $1K | $149K | 10x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 148.96 | +0.108% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.92 | +0.081% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.76 | −0.027% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.72 | −0.054% | $603K | $315K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.175% | $20K | $9K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 148.64 | −0.108% | $86K | $79K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USDShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.69 | −0.074% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0050% | 1h | 148.53 | −0.181% | $130K | $80K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.57 | −0.155% | $708K | $845K | 10x | as long as short |
| Nado ORCL-PERP | +0.0055% | 1h | 148.56 | −0.159% | $88K | $22K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0061% | 1h | 148.61 | −0.128% | $21.7M | $6.9M | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.71 | −0.060% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTMlong | +0.0100% | 8h | 148.80 | long leg | $241K | $313K | 20x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.70 | −0.067% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.76 | −0.027% | $189 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0152% | 8h | 148.78 | −0.013% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0205% | 8h | 148.85 | +0.034% | $4.9M | $5.9M | 20x | as long as short |
| Gate ORCL_USDT | +0.0235% | 8h | 148.84 | +0.027% | $2.3M | $2.9M | 25x | as long as short |
| Binance ORCLUSDT | +0.0239% | 8h | 148.77 | −0.017% | $25.1M | $36.3M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0240% | 1h | 148.70 | −0.066% | $390K | $2.1M | 10x | as long as short |
| BloFin ORCL-USDT | +0.0532% | 8h | 148.74 | −0.040% | $48K | $44K | 20x | as long as short |
| Phoenix ORCL | +0.0537% | 1h | 148.76 | −0.027% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0551% | 8h | 148.80 | 0.000% | $4.1M | $1.9M | 50x | as long as short |
Vest ORCL-USD-PERP
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
Nado ORCL-PERP
tradeXYZ xyz:ORCL
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Gate ORCL_USDT
Binance ORCLUSDT
Extended ORCL_24_5-USD
BloFin ORCL-USDT
Phoenix ORCL
Bybit ORCLUSDT