Funding you earn now, next payment 06:00 UTC−0.0017%/8h= −1.8% APRnext payment −$0.02 per $10,000 · paid last 24h +0.011%
Price spread now: Injective against Polymarket Perps−0.294%51s7-day average — · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.002%$0 on $10k
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and Injective is 0.294% cheaper against Polymarket Perps than usual: you would sell low and buy high (−$29 if the spread goes back to zero (this spread has no 7-day history yet)). Swap the legs. The two prices were read 51 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 | 149.50 | 0.0050 | pay 0.0006% / 1h | 47m 38s | $131K | $92K | 10x |
| Short | Injective ORCL/USDC PERP | 149.06 | 0.0033 | get 0.0004% / 1h | 47m 38s | $20K | $12K | 12x |
Polymarket Perps ORCL-USD
Injective ORCL/USDC PERPFunding history
latest
Range statsloading…
Price spread between the two exchanges
Injective 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
- −$3.5
- Price spread: −0.294% → 0.000%
- −$29.43
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Injective: 0.01 bp × 2 orders
- −$0.02
- Net
- −$40.95
- Costs to cover
- 0.080%
- Break-even
- never at this rate
Slippage unknown: Polymarket Perps: live order book, 64 min ago; Injective: no order-book sample. Net counts fees only.
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, 64 min ago | 1.67 bp | 5.7 bp −$6 | 6.0 bp −$60 | 11.9 bp −$1,188 | doesn't fit |
| Sell Injective no order-book sample | — | — | — | — | — |
Injective: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0757% | 4h | 149.53 | +0.017% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.59 | +0.063% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.62 | +0.080% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.79 | +0.194% | $3K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.63 | +0.087% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.53 | +0.020% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.51 | +0.007% | $623K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERPshort | +0.0033% | 1h | 149.06 | −0.294% | $20K | $12K | 12x | |
| Arcus ORCL-USD | +0.0040% | 1h | 149.48 | −0.013% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.55 | +0.033% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
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 | 149.38 | −0.080% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.50 | long leg | $131K | $92K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.55 | +0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.30 | −0.134% | $711K | $789K | 10x | as long as short |
| QFEX ORCL-USD | +0.0058% | 1h | 149.48 | −0.013% | $1.1M | $2.1M | 10x | as long as short |
| Nado ORCL-PERP | +0.0062% | 1h | 149.37 | −0.085% | $88K | $22K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.54 | +0.027% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.54 | +0.027% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0185% | 8h | 149.64 | +0.097% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0225% | 8h | 149.69 | +0.126% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0302% | 8h | 149.48 | −0.013% | $25.1M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0304% | 1h | 149.44 | −0.041% | $388K | $1.5M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0311% | 8h | 149.61 | +0.074% | $261K | $279K | 20x | as long as short |
| Gate ORCL_USDT | +0.0322% | 8h | 149.57 | +0.047% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.48 | −0.013% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0428% | 1h | 149.67 | +0.114% | $153K | $75K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0664% | 8h | 149.57 | +0.047% | $4.1M | $1.8M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0665% | 8h | 149.72 | +0.147% | $47K | $43K | 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
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT