Funding you earn now, next payment 12:00 UTC+0.0159%/8h= +17.4% APRpaid last 24h +0.061%
Price spread now: OKX against Polymarket Perps+0.020%7-day average +0.088% · you sell dearer than you buy
Net, funding: paid 7d − costs−$32as in the Funding arb table
Net, price: spread back to 7d avg − costs−$45as in the Price arb table
costs, in and out, $10k−$390.386% of the position
Funding, last 7 days+0.070%+$7 on $10k
+Price spread, last 7 days+0.093%+$9 · spread now +0.020%, 7d avg +0.088%
=Funding pays, the price is against you. OKX is 0.068% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread +0.020% now, against its 7-day average of +0.088%). If the spread goes back, that is −$7 on $10k: about 35 hours of funding at the current rate (+$5 a day). At the pace of the last 7 days (+0.070% in total) that is about 6.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 151.10 | 0.0050 | pay 0.0006% / 1h | 6m 24s | $73K | $157K | 10x |
| Short | OKX ORCL-USDT-SWAP | 151.13 | 0.0209 | get 0.0209% / 8h | 4h 06m | $5.1M | $6.3M | 20x |
Polymarket Perps ORCL-USD
OKX ORCL-USDT-SWAPFunding history
latest
Range statsloading…
Price spread between the two exchanges
OKX 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
- $33.31
- Price spread: +0.020% → +0.088%
- −$6.85
- Slippage, 4 orders
- −$20.63
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee OKX: 5 bp × 2 orders
- −$10
- Net
- −$12.17
- Costs to cover
- 0.386%
- Break-even
- 9.6 days
Slippage from Polymarket Perps: live order book, 33 min ago; OKX: live order book, 4 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, 33 min ago | 2.66 bp | 7.8 bp −$8 | 8.7 bp −$87 | 15.6 bp −$1,561 | doesn't fit |
| Sell OKX live order book, 4 min ago | 1.32 bp | 12.0 bp −$12 | 22.3 bp −$223 | 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 | −0.0008% | 4h | 151.17 | +0.047% | $29K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 151.41 | +0.205% | $107K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 151.44 | +0.225% | $3K | $2.3M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 151.26 | +0.106% | $52K | $18K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 151.24 | +0.093% | $483K | $60K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 151.15 | +0.033% | $624K | $299K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −1.350% | $20K | $9K | 12x | as long as short |
| Nado ORCL-PERP | +0.0042% | 1h | 151.01 | −0.058% | $89K | $5K | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 151.01 | −0.060% | $22.0M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 151.10 | long leg | $73K | $157K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Nado ORCL-PERP
tradeXYZ xyz:ORCLShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 151.13 | +0.020% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 150.98 | −0.079% | $699K | $989K | 10x | as long as short |
| QFEX ORCL-USD | +0.0070% | 1h | 151.15 | +0.033% | $1.1M | $1.9M | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0070% | 1h | 151.30 | +0.132% | — | — | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 151.21 | +0.073% | $245K | $553K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 151.11 | +0.007% | $23K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 151.14 | +0.026% | $192 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0204% | 8h | 151.26 | +0.106% | $2.4M | $2.9M | 25x | as long as short |
| OKX ORCL-USDT-SWAPshort | +0.0209% | 8h | 151.13 | +0.020% | $5.1M | $6.3M | 20x | |
| Variational Omni ORCL | +0.0327% | 8h | 151.16 | +0.039% | $1.2M | $363K | — | as long as short |
| Bitget ORCLUSDT | +0.0398% | 8h | 151.24 | +0.093% | $7.8M | $2.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0432% | 1h | 151.10 | 0.000% | $393K | $2.6M | 10x | as long as short |
| Binance ORCLUSDT | +0.0433% | 8h | 151.16 | +0.040% | $25.7M | $37.0M | 20x | as long as short |
| Arcus ORCL-USD | +0.0446% | 1h | 151.05 | −0.033% | $88K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perp | +0.0463% | 8h | 151.19 | +0.058% | $2K | $142K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0572% | 8h | 151.32 | +0.146% | $2K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0593% | 8h | 151.19 | +0.060% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0692% | 1h | 151.10 | 0.000% | $154K | $85K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Vest ORCL-USD-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
Bitget ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Arcus ORCL-USD
GRVT ORCL_USDT_Perp
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL