Funding you earn now, next payment 11:00 UTC−0.0576%/8h= −63.1% APRpaid last 24h −0.034%
Price spread now: Polymarket Perps against GRVT−0.020%7-day average −0.078% · you buy dearer than you sell
Net, funding: paid 7d − costs−$36as in the Funding arb table
Net, price: spread back to 7d avg − costs−$33as in the Price arb table
costs, in and out, $10k−$380.384% of the position
Funding, last 7 days+0.029%+$3 on $10k
+Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.020%, 7d avg −0.078%
=Together, before fees−0.004%+ Points / potential airdropGRVT: Active · farm board$0 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Polymarket Perps is 0.057% dearer against GRVT than usual: you sell high and buy low (spread −0.020% now, against its 7-day average of −0.078%): +$6 on $10k if it goes back. Holding the pair costs −$17 a day in funding at the current rate, which eats that in about 8 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.029% in total (about 1.5% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT ORCL_USDT_Perp | 149.67 | 0.0642 | pay 0.0642% / 8h | 5h 28m | $1K | $134K | 10x |
| Short | Polymarket Perps ORCL-USD | 149.64 | 0.0066 | get 0.0008% / 1h | 28m 51s | $131K | $69K | 10x |
GRVT ORCL_USDT_Perp
Polymarket Perps ORCL-USDFunding history
latest
Range statsloading…
Price spread between the two exchanges
Polymarket Perps 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
- −$121.01
- Price spread: −0.020% → −0.078%
- $5.75
- Slippage, 4 orders
- −$21.44
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee Polymarket Perps: 4 bp × 2 orders
- −$8
- Net
- −$153.7
- Costs to cover
- 0.384%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 15 min ago; Polymarket Perps: live order book, 16 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, 15 min ago | 2.00 bp | 9.7 bp −$10 | 30.7 bp −$307 | doesn't fit | doesn't fit |
| Sell Polymarket Perps live order book, 16 min ago | 2.34 bp | 7.0 bp −$7 | 8.9 bp −$89 | doesn't fit | doesn't fit |
ORCL on 28 exchanges
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 | −0.0865% | 4h | 149.61 | −0.041% | $28K | $216K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.50 | −0.114% | $105K | $22K | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.96 | +0.194% | $3K | $2.3M | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.75 | +0.053% | $478K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.408% | $20K | $9K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.75 | +0.053% | — | $28K | 25x | as long as short |
| Lighter RH ORCL | +0.0048% | 1h | 149.69 | +0.013% | $623K | $294K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.69 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.51 | −0.107% | $687K | $868K | 10x | as long as short |
| Polymarket Perps ORCL-USDshort | +0.0066% | 1h | 149.64 | −0.020% | $131K | $69K | 10x |
edgeX ORCLUSDC
Aster ORCLUSDT
SunX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
Lighter RH ORCL
SoDEX ORCL-USD
Ondo Perps ORCL-USD.PShow all 28 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bitget ORCLUSDT | +0.0079% | 8h | 149.81 | +0.094% | $7.7M | $2.4M | 20x | as long as short |
| QFEX ORCL-USD | +0.0079% | 1h | 149.65 | −0.013% | $1.1M | $1.9M | 10x | as long as short |
| Nado ORCL-PERP | +0.0094% | 1h | 149.55 | −0.078% | $88K | $19K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.74 | +0.047% | $242K | $456K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.62 | −0.033% | $22K | $263K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.70 | +0.020% | $190 | — | 10x | as long as short |
| tradeXYZ xyz:ORCL | +0.0159% | 1h | 149.60 | −0.047% | $21.9M | $6.6M | 10x | as long as short |
| HTX ORCL-USDT | +0.0189% | 8h | 149.73 | +0.040% | $52K | $24K | 20x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0236% | 8h | 149.72 | +0.033% | $5.0M | $6.1M | 20x | as long as short |
| Variational Omni ORCL | +0.0323% | 8h | 149.61 | −0.040% | $1.2M | $391K | — | as long as short |
| Gate ORCL_USDT | +0.0326% | 8h | 149.81 | +0.094% | $2.3M | $2.8M | 25x | as long as short |
| Extended ORCL_24_5-USD | +0.0416% | 1h | 149.68 | +0.009% | $388K | $2.1M | 10x | as long as short |
| Binance ORCLUSDT | +0.0418% | 8h | 149.73 | +0.037% | $25.4M | $35.2M | 20x | as long as short |
| Arcus ORCL-USD | +0.0445% | 1h | 149.60 | −0.047% | $87K | $71K | 10x | as long as short |
| GRVT ORCL_USDT_Perplong | +0.0642% | 8h | 149.67 | long leg | $1K | $134K | 10x | |
| BloFin ORCL-USDT | +0.0662% | 8h | 149.66 | −0.007% | $48K | $43K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0677% | 8h | 149.76 | +0.060% | $4.2M | $1.8M | 50x | as long as short |
| Phoenix ORCL | +0.0749% | 1h | 149.52 | −0.100% | $153K | $72K | 10x | as long as short |
Bitget ORCLUSDT
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
tradeXYZ xyz:ORCL
HTX ORCL-USDT
OKX ORCL-USDT-SWAP
Variational Omni ORCL
Gate ORCL_USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Arcus ORCL-USD
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL