Funding you earn now, next payment 16:00 UTC−0.0265%/8h= −29.0% APRnext payment −$2.65 per $10,000 · paid last 24h −0.031%
Price spread now: GRVT against Binance+0.145%7-day average +0.035% · you sell dearer than you buy
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$25as in the Price arb table
costs, in and out, $10k−$360.360% of the position
Funding, last 7 days−0.099%−$10 on $10k
+Price spread, last 4 days (all we have)+0.054%+$5 · spread now +0.145%, 7d avg +0.035%
=Together, before fees−0.045%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.110% dearer against Binance than usual: you sell high and buy low (spread +0.145% now, against its 7-day average of +0.035%): +$11 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 33 hours. At the pace of the last 7 days (−0.099% in total) that is about 7.8 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.099% in total (about -5.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.65 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance ORCLUSDT | 148.78 | 0.0265 | pay 0.0265% / 8h | 7h 46m | $25.0M | $36.3M | 20x |
| Short | GRVT ORCL_USDT_Perp | 149.00 | 0 | get 0.0000% / 8h | 7h 46m | $1K | $152K | 10x |
Binance ORCLUSDT
GRVT ORCL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Binance. 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
- −$55.56
- Price spread: +0.145% → +0.035%
- $11.03
- Slippage, 4 orders
- −$16.98
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$80.51
- Costs to cover
- 0.360%
- Break-even
- never at this rate
Slippage from Binance: live order book, 10 min ago; GRVT: live order book, 46 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 Binance live order book, 10 min ago | 0.34 bp | 8.6 bp −$9 | 20.5 bp −$205 | 84.7 bp −$8,471 | doesn't fit |
| Sell GRVT live order book, 46 min ago | 1.68 bp | 8.8 bp −$9 | 18.8 bp −$188 | 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 | −0.0440% | 4h | 148.91 | +0.086% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.94 | +0.110% | $97K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 148.80 | +0.013% | $7.7M | $2.7M | 20x | as long as short |
| GRVT ORCL_USDT_Perpshort | 0.0000% | 8h | 149.00 | +0.145% | $1K | $152K | 10x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.16 | +0.255% | $3K | $2.6M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.07 | +0.195% | $52K | $25K | 20x | as long as short |
| Nado ORCL-PERP | +0.0026% | 1h | 148.72 | −0.041% | $88K | $22K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.76 | −0.013% | $475K | $59K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 148.79 | +0.007% | $603K | $314K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.188% | $20K | $9K | 12x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus ORCL-USD | +0.0040% | 1h | 148.81 | +0.020% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.91 | +0.087% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.70 | −0.054% | $21.7M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.69 | −0.060% | $130K | $80K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.78 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.70 | −0.054% | $709K | $871K | 10x | as long as short |
| QFEX ORCL-USD | +0.0065% | 1h | 148.95 | +0.114% | $1.1M | $1.9M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.84 | +0.040% | $240K | $299K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.01 | +0.155% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.91 | +0.087% | $189 | — | 10x | as long as short |
| Gate ORCL_USDT | +0.0120% | 8h | 148.89 | +0.074% | $2.3M | $2.9M | 25x | as long as short |
| Variational Omni ORCL | +0.0177% | 8h | 148.99 | +0.138% | $1.2M | $428K | — | as long as short |
| OKX ORCL-USDT-SWAP | +0.0210% | 8h | 148.75 | −0.020% | $4.9M | $5.8M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 148.74 | −0.026% | $390K | $2.1M | 10x | as long as short |
| Binance ORCLUSDTlong | +0.0265% | 8h | 148.78 | long leg | $25.0M | $36.3M | 20x | |
| Phoenix ORCL | +0.0537% | 1h | 148.85 | +0.047% | $152K | $73K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0621% | 8h | 148.81 | +0.020% | $4.1M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0625% | 8h | 149.10 | +0.215% | $48K | $44K | 20x | as long as short |
Arcus ORCL-USD
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Gate ORCL_USDT
Variational Omni ORCL
OKX ORCL-USDT-SWAP
Extended ORCL_24_5-USD
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT