Funding you earn now, next payment 02:00 UTC+0.0040%/8h= +4.4% APRnext payment +$0.05 per $10,000 · paid last 24h +0.006%
Price spread now: tradeXYZ against Polymarket Perps−0.034%7-day average −0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$38as in the Funding arb table
Net, price: spread back to 7d avg − costs−$40as in the Price arb table
costs, in and out, $10k−$380.376% of the position
Funding, last 7 days−0.007%−$1 on $10k
+Price spread, last 7 days−0.012%−$1 · spread now −0.034%, 7d avg −0.013%
=Together, before fees−0.018%+ Points / potential airdroptradeXYZ: Active · farm board−$2 on $10k · with fees, hour by hour
Funding pays, the price is against you. tradeXYZ is 0.020% cheaper against Polymarket Perps than usual: you would sell low and buy high (spread −0.034% now, against its 7-day average of −0.013%). If the spread goes back, that is −$2 on $10k: about 41 hours of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Polymarket Perps ORCL-USD | 149.20 | 0.0050 | pay 0.0006% / 1h | 12m 50s | $131K | $90K | 10x |
| Short | tradeXYZ xyz:ORCL | 149.15 | 0.0090 | get 0.0011% / 1h | 12m 50s | $21.5M | $6.8M | 10x |
Polymarket Perps ORCL-USD
tradeXYZ xyz:ORCLFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- $8.41
- Price spread: −0.034% → −0.013%
- −$2.05
- Slippage, 4 orders
- −$11.55
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$31.19
- Costs to cover
- 0.376%
- Break-even
- 33.0 days
Slippage from Polymarket Perps: live order book, 54 min ago; tradeXYZ: live order book, 6 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, 54 min ago | 2.68 bp | 6.7 bp −$7 | 6.7 bp −$67 | 12.4 bp −$1,238 | doesn't fit |
| Sell tradeXYZ live order book, 6 min ago | 1.00 bp | 12.2 bp −$12 | 14.1 bp −$141 | doesn't fit | doesn't fit |
ORCL on 27 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 | −0.0440% | 4h | 149.28 | +0.053% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.16 | −0.027% | $93K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.53 | +0.221% | $3K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.41 | +0.141% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.36 | +0.107% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.27 | +0.047% | $621K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.094% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.24 | +0.027% | $86K | $80K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.29 | +0.060% | — | $67K | 25x | as long as short |
| Polymarket Perps ORCL-USDlong | +0.0050% | 1h | 149.20 | long leg | $131K | $90K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.27 | +0.047% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.027% | $711K | $695K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.27 | +0.047% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0079% | 1h | 149.21 | +0.005% | $92K | $18K | 10x | as long as short |
| tradeXYZ xyz:ORCLshort | +0.0090% | 1h | 149.15 | −0.034% | $21.5M | $6.8M | 10x | |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.30 | +0.067% | $22K | $266K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.26 | +0.040% | $190 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0122% | 8h | 149.30 | +0.067% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0164% | 8h | 149.35 | +0.101% | $7.7M | $4.0M | 20x | as long as short |
| Variational Omni ORCL | +0.0200% | 8h | 149.28 | +0.052% | $1.3M | $363K | — | as long as short |
| GRVT ORCL_USDT_Perp | +0.0202% | 8h | 149.33 | +0.086% | $2K | $180K | 10x | as long as short |
| Binance ORCLUSDT | +0.0255% | 8h | 149.25 | +0.032% | $24.9M | $35.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0256% | 1h | 149.22 | +0.015% | $387K | $1.3M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0314% | 8h | 149.42 | +0.147% | $261K | $264K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0339% | 8h | 149.36 | +0.107% | $4.9M | $5.7M | 20x | as long as short |
| Bybit ORCLUSDT | +0.0530% | 8h | 149.36 | +0.107% | $3.5M | $1.4M | 50x | as long as short |
| Phoenix ORCL | +0.0535% | 1h | 149.23 | +0.020% | $153K | $75K | 10x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Bitget ORCLUSDT
Variational Omni ORCL
GRVT ORCL_USDT_Perp
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
OKX ORCL-USDT-SWAP
Bybit ORCLUSDT
Phoenix ORCL