Funding you earn now, next payment 06:00 UTC+0.0198%/8h= +21.7% APRpaid last 24h +0.081%
Price spread now: Gate against Polymarket Perps+0.080%7-day average +0.128% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as in the Funding arb table
Net, price: spread back to 7d avg − costs−$53as in the Price arb table
costs, in and out, $10k−$490.487% of the position
Funding, last 7 days+0.196%+$20 on $10k
+Price spread, last 7 days+0.159%+$16 · spread now +0.080%, 7d avg +0.128%
=Funding pays, the price is against you. Gate is 0.047% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.080% now, against its 7-day average of +0.128%). If the spread goes back, that is −$5 on $10k: about 19 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.196% in total) that is about 41 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.40 | 0.0050 | pay 0.0006% / 1h | 6m 17s | $131K | $92K | 10x |
| Short | Gate ORCL_USDT | 149.52 | 0.0248 | get 0.0248% / 8h | 2h 06m | $2.3M | $3.1M | 25x |
Polymarket Perps ORCL-USD
Gate ORCL_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $41.58
- Price spread: +0.080% → +0.128%
- −$4.74
- Slippage, 4 orders
- −$25.69
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$11.86
- Costs to cover
- 0.487%
- Break-even
- 9.0 days
Slippage from Polymarket Perps: live order book, 40 min ago; Gate: live order book, 2 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, 40 min ago | 2.68 bp | 6.7 bp −$7 | 8.3 bp −$83 | 13.8 bp −$1,381 | doesn't fit |
| Sell Gate live order book, 2 min ago | 3.34 bp | 15.9 bp −$16 | 27.6 bp −$276 | 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 | −0.0025% | 4h | 149.52 | +0.080% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.38 | −0.013% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.55 | +0.100% | $7.7M | $3.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.69 | +0.194% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.55 | +0.100% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.51 | +0.074% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.46 | +0.040% | $623K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.228% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.36 | −0.027% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.55 | +0.100% | — | $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 | 149.39 | −0.007% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.40 | long leg | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.48 | +0.054% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | −0.094% | $695K | $885K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.47 | +0.047% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0059% | 1h | 149.36 | −0.026% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.40 | 0.000% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.47 | +0.047% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0172% | 8h | 149.53 | +0.088% | $1K | $164K | 10x | as long as short |
| Variational Omni ORCL | +0.0191% | 8h | 149.50 | +0.070% | $1.2M | $423K | — | as long as short |
| KuCoin ORCLUSDTM | +0.0224% | 8h | 149.56 | +0.107% | $240K | $284K | 20x | as long as short |
| Gate ORCL_USDTshort | +0.0248% | 8h | 149.52 | +0.080% | $2.3M | $3.1M | 25x | |
| Extended ORCL_24_5-USD | +0.0272% | 1h | 149.42 | +0.017% | $388K | $1.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0276% | 8h | 149.47 | +0.045% | $25.0M | $35.8M | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0299% | 8h | 149.50 | +0.067% | $4.9M | $6.0M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.36 | −0.027% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0626% | 8h | 149.55 | +0.100% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0631% | 8h | 149.56 | +0.107% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
GRVT ORCL_USDT_Perp
Variational Omni ORCL
KuCoin ORCLUSDTM
Extended ORCL_24_5-USD
Binance ORCLUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT