Funding you earn now, next payment 05:00 UTC+0.0050%/8h= +5.5% APRpaid last 24h +0.015%
Price spread now: Orderly against Polymarket Perps+0.027%7-day average — · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 5 days (all we have)—no history yet
+Price spread, last 7 days—no price history on both exchanges yet
=Together, before fees—needs both histories
Both sides work for this trade now. Funding pays +$2 a day on $10k at the current rate, and Orderly is 0.027% dearer against Polymarket Perps than usual: you sell high and buy low: +$3 more if the spread goes back to zero (this spread has no 7-day history yet).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.74 | 0.0050 | pay 0.0006% / 1h | 6m 11s | $131K | $91K | 10x |
| Short | Orderly PERP_ORCL_USDC_mythos | 149.78 | 0.0100 | get 0.0100% / 8h | 3h 06m | $191 | — | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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: +0.027% → 0.000%
- $2.67
- Slippage, 4 orders
- no order book: not counted
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- −$0.83
- Costs to cover
- 0.140%
- Break-even
- 7.6 days
Slippage unknown: Polymarket Perps: live order book, 46 min ago; Orderly: 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, 46 min ago | 1.67 bp | 5.7 bp −$6 | 6.0 bp −$60 | 11.9 bp −$1,188 | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: 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 | −0.0308% | 4h | 149.63 | −0.073% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.85 | +0.076% | $94K | $16K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.90 | +0.107% | $7.7M | $3.8M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 150.06 | +0.214% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.82 | +0.053% | $52K | $24K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.83 | +0.060% | $475K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.81 | +0.047% | $625K | $317K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.454% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.63 | −0.073% | $87K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.79 | +0.033% | — | $67K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.64 | −0.067% | $21.7M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.74 | long leg | $131K | $91K | 10x | |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.79 | +0.033% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.68 | −0.040% | $704K | $797K | 10x | as long as short |
| Nado ORCL-PERP | +0.0066% | 1h | 149.68 | −0.038% | $88K | $22K | 10x | as long as short |
| QFEX ORCL-USD | +0.0067% | 1h | 149.78 | +0.027% | $1.1M | $2.1M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.58 | −0.107% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythosshort | +0.0100% | 8h | 149.78 | +0.027% | $191 | — | 10x | |
| GRVT ORCL_USDT_Perp | +0.0192% | 8h | 149.67 | −0.047% | $1K | $175K | 10x | as long as short |
| Variational Omni ORCL | +0.0237% | 8h | 149.65 | −0.059% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0312% | 8h | 149.85 | +0.073% | $25.2M | $35.6M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0312% | 1h | 149.81 | +0.047% | $388K | $928K | 10x | as long as short |
| Gate ORCL_USDT | +0.0327% | 8h | 149.88 | +0.093% | $2.3M | $3.0M | 25x | as long as short |
| KuCoin ORCLUSDTM | +0.0334% | 8h | 149.80 | +0.040% | $262K | $277K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0355% | 8h | 149.82 | +0.053% | $5.0M | $5.9M | 20x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.60 | −0.093% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0657% | 8h | 149.74 | 0.000% | $47K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0680% | 8h | 149.90 | +0.107% | $4.1M | $1.8M | 50x | as long as short |
Polymarket Perps ORCL-USD
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
SoDEX ORCL-USD
ApeX Omni ORACLEUSDT
GRVT ORCL_USDT_Perp
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
Gate ORCL_USDT
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Phoenix ORCL
BloFin ORCL-USDT
Bybit ORCLUSDT