ORCL

Alert: funding

Alert: spread

Funding you earn now, next payment 07:00 UTC+0.0222%/8h= +24.3% APRnext payment +$0.28 per $10,000 · paid last 24h +0.050%

Price spread now: Extended against Polymarket Perps+0.011%7-day average +0.088% · you sell dearer than you buy

Net, funding: paid 7d − costs−$24as in the Funding arb table

Net, price: spread back to 7d avg − costs−$37as in the Price arb table

costs, in and out, $10k−$300.298% of the position

Long on Polymarket Perps Short on Extended

What this pair did over the last

the charts below follow

Funding, last 7 days+0.060%+$6 on $10k

Price spread, last 7 days+0.210%+$21 · spread now +0.011%, 7d avg +0.088%

Together, before fees+0.269%+ Points / potential airdropExtended: Active · farm board+$27 on $10k · with fees, hour by hour

Funding pays, the price is against you. Extended is 0.076% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.011% now, against its 7-day average of +0.088%). If the spread goes back, that is −$8 on $10k: about 27 hours of funding at the current rate (+$7 a day). At the pace of the last 7 days (+0.060% in total) that is about 8.9 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 +$0.28 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	Polymarket Perps ORCL-USD	149.35	0.0050	pay 0.0006% / 1h	43m 29s	$131K	$92K	10x
Short	Extended ORCL_24_5-USD	149.37	0.0272	get 0.0034% / 1h	43m 29s	$388K	$1.6M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Extended 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee Polymarket PerpsbpFee ExtendedbpOrdersPrice spread, now +0.011%Rate

Funding earned: $46.62
Price spread: +0.011% → +0.088%: −$7.61
Slippage, 4 orders: −$16.78
Fee Polymarket Perps: 4 bp × 2 orders: −$8
Fee Extended: 2.5 bp × 2 orders: −$5
Net: $9.23
Costs to cover: 0.298%
Break-even: 5.6 days

Slippage from Polymarket Perps: live order book, 63 min ago; Extended: live order book, 5 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, 63 min ago	2.68 bp	6.7 bp −$7	8.3 bp −$83	13.8 bp −$1,381	doesn't fit
Sell Extended live order book, 5 min ago	1.34 bp	7.9 bp −$8	54.2 bp −$542	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	−0.0291%	4h	149.41	+0.042%	$28K	$215K	10x	as long as short
Aster ORCLUSDT	0.0000%	8h	149.32	−0.020%	$98K	$20K	20x	as long as short
Bitget ORCLUSDT	0.0000%	8h	149.50	+0.100%	$7.7M	$3.8M	20x	as long as short
SunX ORCL-USDT	0.0000%	8h	149.66	+0.208%	$3K	$2.7M	10x	as long as short
HTX ORCL-USDT	0.0000%	8h	149.53	+0.121%	$52K	$25K	20x	as long as short
Lighter ORCL	+0.0032%	1h	149.52	+0.114%	$475K	$51K	10x	as long as short
Injective ORCL/USDC PERP	+0.0033%	1h	149.06	−0.194%	$20K	$9K	12x	as long as short
Arcus ORCL-USD	+0.0040%	1h	149.36	+0.007%	$87K	$79K	10x	as long as short
Vest ORCL-USD-PERP	+0.0046%	1h	149.42	+0.047%	—	$67K	25x	as long as short
Polymarket Perps ORCL-USDlong	+0.0050%	1h	149.35	long leg	$131K	$92K	10x

Show all 28 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SoDEX ORCL-USD	+0.0050%	1h	149.41	+0.040%	$30K	$3K	10x	as long as short
Ondo Perps ORCL-USD.P	+0.0050%	1h	149.27	−0.054%	$699K	$894K	10x	as long as short
QFEX ORCL-USD	+0.0065%	1h	149.38	+0.020%	$1.1M	$2.0M	10x	as long as short
Nado ORCL-PERP	+0.0077%	1h	149.29	−0.038%	$88K	$22K	10x	as long as short
Lighter RH ORCL	+0.0080%	1h	149.45	+0.067%	$623K	$322K	10x	as long as short
tradeXYZ xyz:ORCL	+0.0094%	1h	149.29	−0.040%	$21.6M	$6.9M	10x	as long as short
ApeX Omni ORACLEUSDT	+0.0100%	1h	149.27	−0.054%	$22K	$263K	50x	as long as short
Orderly PERP_ORCL_USDC_mythos	+0.0100%	8h	149.36	+0.007%	$190	—	10x	as long as short
KuCoin ORCLUSDTM	+0.0177%	8h	149.37	+0.013%	$240K	$281K	20x	as long as short
GRVT ORCL_USDT_Perp	+0.0180%	8h	149.47	+0.080%	$1K	$163K	10x	as long as short
Variational Omni ORCL	+0.0184%	8h	149.40	+0.036%	$1.2M	$423K	—	as long as short
Gate ORCL_USDT	+0.0244%	8h	149.45	+0.067%	$2.3M	$3.0M	25x	as long as short
OKX ORCL-USDT-SWAP	+0.0271%	8h	149.42	+0.047%	$4.9M	$6.0M	20x	as long as short
Binance ORCLUSDT	+0.0271%	8h	149.40	+0.037%	$24.9M	$36.7M	20x	as long as short
Extended ORCL_24_5-USDshort	+0.0272%	1h	149.37	+0.011%	$388K	$1.6M	10x
Phoenix ORCL	+0.0429%	1h	149.37	+0.013%	$153K	$75K	10x	as long as short
Bybit ORCLUSDT	+0.0606%	8h	149.42	+0.047%	$4.1M	$1.9M	50x	as long as short
BloFin ORCL-USDT	+0.0637%	8h	149.42	+0.047%	$47K	$44K	20x	as long as short