Funding you earn now, next payment 00:00 UTC−0.0315%/8h= −34.5% APRnext payment −$3.15 per $10,000 · paid last 24h −0.073%
Price spread now: GRVT against Bitget−0.013%53s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$59as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$460.461% of the position
Funding, last 7 days−0.128%−$13 on $10k
+Price spread, last 3 days (all we have)+0.174%+$17 · spread now −0.013%, 7d avg −0.025%
=Together, before fees+0.046%+ Points / potential airdropGRVT: Active · farm board+$5 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.025%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.128% in total (about -6.7% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.15 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 | Bitget ORCLUSDT | 148.80 | 0.0315 | pay 0.0315% / 8h | 2h 28m | $7.4M | $4.7M | 20x |
| Short | GRVT ORCL_USDT_Perp | 148.78 | 0 | get 0.0000% / 8h | 2h 28m | $1K | $205K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Bitget. 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
- −$66.15
- Price spread: −0.013% → −0.025%
- $1.14
- Slippage, 4 orders
- −$25.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$111.07
- Costs to cover
- 0.461%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; GRVT: live order book, 58 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 Bitget live order book, 5 min ago | 1.34 bp | 12.6 bp −$13 | 25.2 bp −$252 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 1.68 bp | 15.0 bp −$15 | 38.5 bp −$385 | 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 | −0.0616% | 4h | 148.80 | −0.002% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.81 | +0.007% | $93K | $16K | 20x | as long as short |
| Extended ORCL_24_5-USD | 0.0000% | 1h | 148.80 | +0.002% | $385K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | 0.0000% | 8h | 148.82 | +0.013% | $24.8M | $35.9M | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.84 | +0.027% | $2.2M | $3.1M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.80 | −0.001% | $1.3M | $221K | — | as long as short |
| GRVT ORCL_USDT_Perpshort | 0.0000% | 8h | 148.78 | −0.013% | $1K | $205K | 10x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.02 | +0.148% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.90 | +0.067% | $52K | $22K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.88 | +0.054% | $471K | $53K | 10x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.85 | +0.034% | $622K | $465K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.175% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.81 | +0.007% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.71 | −0.060% | $21.5M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.70 | −0.067% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.80 | 0.000% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 148.73 | −0.047% | $737K | $611K | 10x | as long as short |
| QFEX ORCL-USD | +0.0053% | 1h | 148.82 | +0.013% | $1.1M | $2.8M | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 148.86 | +0.040% | $258K | $196K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.68 | −0.081% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.77 | −0.020% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0124% | 1h | 148.70 | −0.065% | $92K | $18K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0202% | 8h | 148.86 | +0.040% | $4.7M | $5.7M | 20x | as long as short |
| Arcus ORCL-USD | +0.0251% | 1h | 148.76 | −0.027% | $78K | $80K | 10x | as long as short |
| Bitget ORCLUSDTlong | +0.0315% | 8h | 148.80 | long leg | $7.4M | $4.7M | 20x | |
| Phoenix ORCL | +0.0431% | 1h | 148.78 | −0.013% | $149K | $100K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0466% | 8h | 148.89 | +0.060% | $3.5M | $1.6M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0470% | 8h | 148.89 | +0.060% | $47K | $50K | 20x | as long as short |
Bitget ORCLUSDT
GRVT ORCL_USDT_Perp
edgeX ORCLUSDC
Aster ORCLUSDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
OKX ORCL-USDT-SWAP
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT