Settings8H · net · $10k
Funding arb · Price arb /

ORCL

RWAall ORCL markets
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Alert: funding
Alert: spread
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
What this pair did over the last
the charts below follow
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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongGRVT ORCL_USDT_Perp149.430.0251pay 0.0251% / 8h7h 53m$1K$192K10x
ShortSunX ORCL-USDT149.490get 0.0000% / 8h7h 53m$2K$2.8M10x

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 it
latest
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
LegHalf-spread$10k$100k$1M$5M
Buy GRVT live order book, 14 min ago2.68 bp13.5 bp −$1323.3 bp −$233doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago30.07 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

ORCL on 28 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
edgeX ORCLUSDC−0.0373%4h149.39−0.028%$28K$213K10xas long as short
Aster ORCLUSDT0.0000%8h149.39−0.026%$94K$16K20xas long as short
Gate ORCL_USDT0.0000%8h149.35−0.056%$2.3M$2.9M25xas long as short
SunX ORCL-USDTshort0.0000%8h149.49+0.038%$2K$2.8M10x
HTX ORCL-USDT0.0000%8h149.46+0.018%$52K$22K20xas long as short
Nado ORCL-PERP+0.0027%1h149.26−0.117%$92K$18K10xas long as short
Lighter ORCL+0.0032%1h149.50+0.045%$473K$50K10xas long as short
Lighter RH ORCL+0.0032%1h149.41−0.015%$621K$323K10xas long as short
Injective ORCL/USDC PERP+0.0033%1h149.06−0.250%$20K$12K12xas long as short
Vest ORCL-USD-PERP+0.0046%1h149.33−0.069%$127K25xas long as short
Show all 28 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SoDEX ORCL-USD+0.0050%1h149.24−0.129%$30K$3K10xas long as short
Ondo Perps ORCL-USD.P+0.0050%1h149.16−0.183%$696K$713K10xas long as short
QFEX ORCL-USD+0.0075%1h149.24−0.129%$1.1M$2.9M10xas long as short
Orderly PERP_ORCL_USDC_mythos+0.0100%8h149.27−0.109%$19010xas long as short
Variational Omni ORCL+0.0136%8h149.42−0.009%$1.3M$363Kas long as short
Extended ORCL_24_5-USD+0.0192%1h149.31−0.080%$386K$1.4M10xas long as short
Binance ORCLUSDT+0.0192%8h149.37−0.039%$25.1M$35.2M20xas long as short
GRVT ORCL_USDT_Perplong+0.0251%8h149.43long leg$1K$192K10x
KuCoin ORCLUSDTM+0.0276%8h149.52+0.058%$260K$250K20xas long as short
Polymarket Perps ORCL-USD+0.0306%1h149.20−0.156%$131K$98K10xas long as short
OKX ORCL-USDT-SWAP+0.0316%8h149.35−0.056%$4.8M$5.5M20xas long as short
tradeXYZ xyz:ORCL+0.0380%1h149.28−0.102%$21.5M$7.0M10xas long as short
Bitget ORCLUSDT+0.0397%8h149.39−0.029%$7.6M$4.2M20xas long as short
Arcus ORCL-USD+0.0467%1h149.27−0.109%$86K$79K10xas long as short
ApeX Omni ORACLEUSDT+0.0479%1h149.42−0.009%$22K$266K50xas long as short
Phoenix ORCL+0.0538%1h149.30−0.089%$150K$84K10xas long as short
Bybit ORCLUSDT+0.0731%8h149.43−0.002%$3.5M$1.5M50xas long as short
BloFin ORCL-USDT+0.0740%8h149.43−0.002%$47K$51K20xas long as short