Funding you earn now, next payment 10:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.06 per $10,000 · paid last 24h +0.015%
Price spread now: ApeX Omni against Polymarket Perps+0.060%63s7-day average +0.031% · you sell dearer than you buy
Net, funding: paid 7d − costs−$47as 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−$560.561% of the position
Funding, last 7 days+0.090%+$9 on $10k
+Price spread, last 4 days (all we have)−0.020%−$2 · spread now +0.060%, 7d avg +0.031%
=Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and ApeX Omni is 0.029% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.031%. The two prices were read 63 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 | Polymarket Perps ORCL-USD | 149.29 | 0.0050 | pay 0.0006% / 1h | 15m 49s | $131K | $69K | 10x |
| Short | ApeX Omni ORACLEUSDT | 149.38 | 0.0100 | get 0.0013% / 1h | 15m 49s | $22K | $263K | 50x |
Polymarket Perps ORCL-USD
ApeX Omni ORACLEUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
ApeX Omni 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 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: +0.060% → +0.031%
- $2.89
- Slippage, 4 orders
- −$38.08
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee ApeX Omni: 5 bp × 2 orders
- −$10
- Net
- −$42.69
- Costs to cover
- 0.561%
- Break-even
- 35.5 days
Slippage from Polymarket Perps: live order book, 34 min ago; ApeX Omni: live order book, 34 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 Polymarket Perps live order book, 34 min ago | 2.68 bp | 7.5 bp −$7 | 10.2 bp −$102 | doesn't fit | doesn't fit |
| Sell ApeX Omni live order book, 34 min ago | 8.70 bp | 21.1 bp −$21 | 185.7 bp −$1,857 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0692% | 4h | 149.30 | +0.010% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | +0.141% | $98K | $22K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.48 | +0.127% | $7.7M | $2.4M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.60 | +0.208% | $3K | $2.4M | 10x | as long as short |
| HTX ORCL-USDT | +0.0013% | 8h | 149.38 | +0.060% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.39 | +0.067% | $477K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.34 | +0.033% | $613K | $285K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.154% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.28 | −0.007% | — | $43K | 25x | as long as short |
| Nado ORCL-PERP | +0.0049% | 1h | 149.18 | −0.075% | $88K | $22K | 10x | 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
Vest ORCL-USD-PERP
Nado ORCL-PERPShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.29 | long leg | $131K | $69K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.33 | +0.027% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.08 | −0.141% | $698K | $845K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.34 | +0.033% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.41 | +0.080% | $241K | $401K | 20x | as long as short |
| ApeX Omni ORACLEUSDTshort | +0.0100% | 1h | 149.38 | +0.060% | $22K | $263K | 50x | |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.34 | +0.033% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0132% | 1h | 149.29 | 0.000% | $21.8M | $6.7M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0201% | 8h | 149.35 | +0.040% | $5.0M | $5.9M | 20x | as long as short |
| Variational Omni ORCL | +0.0209% | 8h | 149.35 | +0.042% | $1.2M | $400K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.34 | +0.035% | $387K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0305% | 8h | 149.37 | +0.056% | $25.2M | $35.2M | 20x | as long as short |
| Gate ORCL_USDT | +0.0345% | 8h | 149.49 | +0.134% | $2.3M | $2.8M | 25x | as long as short |
| Arcus ORCL-USD | +0.0415% | 1h | 149.25 | −0.027% | $86K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0431% | 8h | 149.35 | +0.040% | $1K | $140K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0553% | 8h | 149.47 | +0.121% | $48K | $45K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0578% | 8h | 149.47 | +0.121% | $4.1M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0589% | 1h | 149.27 | −0.013% | $153K | $72K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL