Funding you earn now, next payment 08:00 UTC+0.0108%/8h= +11.8% APRnext payment +$1.08 per $10,000 · paid last 24h +0.032%
Price spread now: Binance against GRVT+0.096%109s7-day average −0.039% · you sell dearer than you buy
Net, funding: paid 7d − costs−$29as 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−$380.381% of the position
Funding, last 7 days+0.091%+$9 on $10k
+Price spread, last 4 days (all we have)−0.295%−$29 · spread now +0.096%, 7d avg −0.039%
=Together, before fees−0.203%+ Points / potential airdropGRVT: Active · farm board−$20 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Binance is 0.135% dearer against GRVT than usual: you sell high and buy low: +$13 more if the spread goes back to its 7-day average of −0.039%. The two prices were read 109 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ORCL_USDT_Perp | 149.38 | 0.0138 | pay 0.0138% / 8h | 5h 31m | $2K | $179K | 10x |
| Short | Binance ORCLUSDT | 149.52 | 0.0246 | get 0.0246% / 8h | 5h 31m | $24.9M | $35.4M | 20x |
GRVT ORCL_USDT_Perp
Binance ORCLUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against GRVT. 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
- $22.69
- Price spread: +0.096% → −0.039%
- $13.49
- Slippage, 4 orders
- −$19.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$1.96
- Costs to cover
- 0.381%
- Break-even
- 7.6 days
Slippage from GRVT: live order book, 26 min ago; Binance: live order book, 10 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 GRVT live order book, 26 min ago | 1.67 bp | 9.7 bp −$10 | 20.9 bp −$209 | doesn't fit | doesn't fit |
| Sell Binance live order book, 10 min ago | 0.34 bp | 8.9 bp −$9 | 17.7 bp −$177 | 75.5 bp −$7,548 | 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 | −0.0441% | 4h | 149.31 | −0.044% | $28K | $214K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.36 | −0.012% | $94K | $16K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.72 | +0.228% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.56 | +0.120% | $52K | $23K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.48 | +0.067% | $474K | $51K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.47 | +0.060% | $622K | $318K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.214% | $20K | $12K | 12x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.31 | −0.047% | $87K | $79K | 10x | as long as short |
| Gate ORCL_USDT | +0.0041% | 8h | 149.52 | +0.094% | $2.3M | $2.9M | 25x | as long as short |
| Bitget ORCLUSDT | +0.0042% | 8h | 149.54 | +0.107% | $7.7M | $4.0M | 20x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
Arcus ORCL-USD
Gate ORCL_USDT
Bitget ORCLUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.46 | +0.054% | — | $67K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.35 | −0.020% | $21.5M | $6.8M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.39 | +0.007% | $131K | $90K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.47 | +0.060% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.26 | −0.080% | $699K | $728K | 10x | as long as short |
| QFEX ORCL-USD | +0.0059% | 1h | 149.45 | +0.047% | $1.1M | $2.7M | 10x | as long as short |
| Nado ORCL-PERP | +0.0064% | 1h | 149.34 | −0.029% | $92K | $18K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.28 | −0.067% | $22K | $267K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.43 | +0.033% | $190 | — | 10x | as long as short |
| GRVT ORCL_USDT_Perplong | +0.0138% | 8h | 149.38 | long leg | $2K | $179K | 10x | |
| Variational Omni ORCL | +0.0177% | 8h | 149.31 | −0.050% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDTshort | +0.0246% | 8h | 149.52 | +0.096% | $24.9M | $35.4M | 20x | |
| Extended ORCL_24_5-USD | +0.0248% | 1h | 149.48 | +0.067% | $387K | $1.3M | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0326% | 8h | 149.51 | +0.087% | $4.9M | $5.5M | 20x | as long as short |
| KuCoin ORCLUSDTM | +0.0330% | 8h | 149.49 | +0.074% | $261K | $267K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0520% | 8h | 149.62 | +0.161% | $3.7M | $1.5M | 50x | as long as short |
| Phoenix ORCL | +0.0536% | 1h | 149.31 | −0.047% | $153K | $75K | 10x | as long as short |
| BloFin ORCL-USDT | +0.0541% | 8h | 149.54 | +0.107% | $47K | $43K | 20x | as long as short |
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Extended ORCL_24_5-USD
OKX ORCL-USDT-SWAP
KuCoin ORCLUSDTM
Bybit ORCLUSDT
Phoenix ORCL
BloFin ORCL-USDT