Funding you earn now, next payment 08:00 UTC−0.0066%/8h= −7.2% APRnext payment −$0.66 per $10,000 · paid last 24h −0.050%
Price spread now: GRVT against OKX+0.069%61s7-day average +0.020% · you sell dearer than you buy
Net, funding: paid 7d − costs−$64as 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−$540.541% of the position
Funding, last 7 days−0.098%−$10 on $10k
+Price spread, last 3 days (all we have)+0.035%+$4 · spread now +0.069%, 7d avg +0.020%
=Together, before fees−0.062%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.049% dearer against OKX than usual: you sell high and buy low (spread +0.069% now, against its 7-day average of +0.020%): +$5 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 2.5 days. The two prices were read 61 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 | OKX ORCL-USDT-SWAP | 149.33 | 0.0317 | pay 0.0317% / 8h | 7h 54m | $4.8M | $5.5M | 20x |
| Short | GRVT ORCL_USDT_Perp | 149.43 | 0.0251 | get 0.0251% / 8h | 7h 54m | $1K | $192K | 10x |
OKX ORCL-USDT-SWAP
GRVT ORCL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against OKX. 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
- −$13.81
- Price spread: +0.069% → +0.020%
- $4.91
- Slippage, 4 orders
- −$35.08
- Fee OKX: 5 bp × 2 orders
- −$10
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$62.99
- Costs to cover
- 0.541%
- Break-even
- never at this rate
Slippage from OKX: live order book, 3 min ago; GRVT: live order book, 14 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 OKX live order book, 3 min ago | 0.34 bp | 13.6 bp −$14 | 32.1 bp −$321 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 14 min ago | 2.68 bp | 10.2 bp −$10 | 16.8 bp −$168 | 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 | +0.041% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.34 | +0.007% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 149.36 | +0.020% | $2.3M | $2.9M | 25x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.66 | +0.221% | $2K | $2.8M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.45 | +0.080% | $52K | $22K | 20x | as long as short |
| Nado ORCL-PERP | +0.0027% | 1h | 149.26 | −0.048% | $92K | $18K | 10x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.42 | +0.060% | $473K | $50K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.181% | $20K | $12K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.29 | −0.027% | $621K | $323K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.33 | 0.000% | — | $127K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
SunX ORCL-USDT
HTX ORCL-USDT
Nado ORCL-PERP
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| SoDEX ORCL-USD | +0.0050% | 1h | 149.31 | −0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.16 | −0.114% | $696K | $713K | 10x | as long as short |
| QFEX ORCL-USD | +0.0075% | 1h | 149.24 | −0.060% | $1.1M | $2.9M | 10x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.35 | +0.013% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0136% | 8h | 149.42 | +0.060% | $1.3M | $363K | — | as long as short |
| Binance ORCLUSDT | +0.0192% | 8h | 149.30 | −0.018% | $25.1M | $35.2M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0192% | 1h | 149.28 | −0.036% | $386K | $1.4M | 10x | as long as short |
| GRVT ORCL_USDT_Perpshort | +0.0251% | 8h | 149.43 | +0.069% | $1K | $192K | 10x | |
| KuCoin ORCLUSDTM | +0.0276% | 8h | 149.48 | +0.100% | $260K | $250K | 20x | as long as short |
| Polymarket Perps ORCL-USD | +0.0306% | 1h | 149.20 | −0.087% | $131K | $98K | 10x | as long as short |
| OKX ORCL-USDT-SWAPlong | +0.0317% | 8h | 149.33 | long leg | $4.8M | $5.5M | 20x | |
| Bitget ORCLUSDT | +0.0397% | 8h | 149.29 | −0.027% | $7.6M | $4.2M | 20x | as long as short |
| tradeXYZ xyz:ORCL | +0.0423% | 1h | 149.16 | −0.114% | $21.5M | $7.0M | 10x | as long as short |
| Arcus ORCL-USD | +0.0467% | 1h | 149.27 | −0.040% | $86K | $79K | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0479% | 1h | 149.42 | +0.060% | $22K | $266K | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 149.30 | −0.020% | $150K | $84K | 10x | as long as short |
| Bybit ORCLUSDT | +0.0687% | 8h | 149.34 | +0.007% | $3.5M | $1.5M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0740% | 8h | 149.43 | +0.067% | $47K | $51K | 20x | as long as short |
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Binance ORCLUSDT
Extended ORCL_24_5-USD
KuCoin ORCLUSDTM
Polymarket Perps ORCL-USD
Bitget ORCLUSDT
tradeXYZ xyz:ORCL
Arcus ORCL-USD
ApeX Omni ORACLEUSDT
Phoenix ORCL
Bybit ORCLUSDT
BloFin ORCL-USDT