Funding you earn now, next payment 08:00 UTC−0.0251%/8h= −27.5% APRnext payment −$2.51 per $10,000 · paid last 24h −0.013%
Price spread now: SunX against GRVT+0.038%74s7-day average +0.145% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.048%−$5 on $10k
+Price spread, last 3 days (all we have)+0.124%+$12 · spread now +0.038%, 7d avg +0.145%
=Together, before fees+0.076%+ Points / potential airdropGRVT: Active · farm board+$8 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$8 a day on $10k at the current rate, and SunX is 0.107% cheaper against GRVT than usual: you would sell low and buy high (−$11 if the spread goes back to its 7-day average of +0.145%). Swap the legs. The two prices were read 74 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 -0.048% in total (about -2.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.51 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 | GRVT ORCL_USDT_Perp | 149.43 | 0.0251 | pay 0.0251% / 8h | 7h 53m | $1K | $192K | 10x |
| Short | SunX ORCL-USDT | 149.49 | 0 | get 0.0000% / 8h | 7h 53m | $2K | $2.8M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX 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
- −$52.71
- Price spread: +0.038% → +0.145%
- −$10.67
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$80.38
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 14 min ago; SunX: live order book, 4 min ago. Net counts fees only.
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, 14 min ago | 2.68 bp | 13.5 bp −$13 | 23.3 bp −$233 | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 min ago | 30.07 bp | doesn't fit | doesn't fit | 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 | −0.0373% | 4h | 149.39 | −0.028% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.39 | −0.026% | $94K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.35 | −0.056% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDTshort | 0.0000% | 8h | 149.49 | +0.038% | $2K | $2.8M | 10x | |
| HTX ORCL-USDT | 0.0000% | 8h | 149.46 | +0.018% | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | +0.0027% | 1h | 149.26 | −0.117% | $92K | $18K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.50 | +0.045% | $473K | $50K | 10x | as long as short |
| Lighter RH ORCL | +0.0032% | 1h | 149.41 | −0.015% | $621K | $323K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.250% | $20K | $12K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | −0.069% | — | $127K | 25x | as long as short |
Show all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.24 | −0.129% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.183% | $696K | $713K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.24 | −0.129% | $1.1M | $2.9M | 10x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.27 | −0.109% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.42 | −0.009% | $1.3M | $363K | — | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.31 | −0.080% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0192% | 8h | 149.37 | −0.039% | $25.1M | $35.2M | 20x | as long as short |
| GRVT ORCL_USDT_Perplong | +0.0251% | 8h | 149.43 | long leg | $1K | $192K | 10x | |
| KuCoin ORCLUSDTM | +0.0276% | 8h | 149.52 | +0.058% | $260K | $250K | 20x | as long as short |
| Polymarket Perps ORCL-USD | +0.0306% | 1h | 149.20 | −0.156% | $131K | $98K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0316% | 8h | 149.35 | −0.056% | $4.8M | $5.5M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0380% | 1h | 149.28 | −0.102% | $21.5M | $7.0M | 10x | as long as short |
| Bitget ORCLUSDT | +0.0397% | 8h | 149.39 | −0.029% | $7.6M | $4.2M | 20x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.27 | −0.109% | $86K | $79K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0479% | 1h | 149.42 | −0.009% | $22K | $266K | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.30 | −0.089% | $150K | $84K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0731% | 8h | 149.43 | −0.002% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0740% | 8h | 149.43 | −0.002% | $47K | $51K | 20x | as long as short |
GRVT ORCL_USDT_Perp
SunX ORCL-USDT
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
HTX ORCL-USDT
Lighter ORCL
Lighter RH ORCL
Injective ORCL/USDC PERP
SoDEX ORCL-USD
Variational Omni ORCL
Extended ORCL_24_5-USD
Binance ORCLUSDT
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USD
OKX ORCL-USDT-SWAP
tradeXYZ xyz:ORCL
Bitget ORCLUSDT
ApeX Omni ORACLEUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT