Funding you earn now, next payment 23:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.024%
Price spread now: GRVT against Ondo Perps+0.215%7-day average +0.120% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.057%−$6 on $10k
+Price spread, last 3 days (all we have)+0.011%+$1 · spread now +0.215%, 7d avg +0.120%
=Together, before fees−0.046%+ Points / potential airdropOndo Perps: Active · GRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.095% dearer against Ondo Perps than usual: you sell high and buy low (spread +0.215% now, against its 7-day average of +0.120%): +$10 on $10k if it goes back. Holding the pair costs −$2 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Ondo Perps ORCL-USD.P | 148.50 | 0.0050 | pay 0.0006% / 1h | 15m 06s | $707K | $690K | 10x |
| Short | GRVT ORCL_USDT_Perp | 148.82 | 0 | get 0.0000% / 8h | 1h 15m | $1K | $198K | 10x |
Ondo Perps ORCL-USD.P
GRVT ORCL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Ondo Perps. 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
- −$10.58
- Price spread: +0.215% → +0.120%
- $9.51
- Slippage, 4 orders
- no order book: not counted
- Fee Ondo Perps: 2.5 bp × 2 orders
- −$5
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$15.08
- Costs to cover
- 0.140%
- Break-even
- never at this rate
Slippage unknown: Ondo Perps: no order-book sample; GRVT: live order book, 2 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 Ondo Perps no order-book sample | — | — | — | — | — |
| Sell GRVT live order book, 2 min ago | 4.70 bp | 13.7 bp −$14 | 31.5 bp −$315 | doesn't fit | doesn't fit |
Ondo Perps: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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 | −0.0925% | 4h | 148.79 | +0.193% | $28K | $215K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 148.91 | +0.276% | $93K | $16K | 20x | as long as short |
| Gate ORCL_USDT | 0.0000% | 8h | 148.84 | +0.229% | $2.2M | $3.0M | 25x | as long as short |
| Variational Omni ORCL | 0.0000% | 8h | 148.77 | +0.179% | $1.3M | $316K | — | as long as short |
| GRVT ORCL_USDT_Perpshort | 0.0000% | 8h | 148.82 | +0.215% | $1K | $198K | 10x | |
| SunX ORCL-USDT | 0.0000% | 8h | 149.01 | +0.343% | $3K | $2.9M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 148.83 | +0.222% | $52K | $22K | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0016% | 1h | 148.76 | +0.172% | $386K | $1.4M | 10x | as long as short |
| Binance ORCLUSDT | +0.0018% | 8h | 148.79 | +0.196% | $24.8M | $35.6M | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 148.88 | +0.256% | $471K | $53K | 10x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Gate ORCL_USDT
Variational Omni ORCL
SunX ORCL-USDT
HTX ORCL-USDT
Extended ORCL_24_5-USD
Binance ORCLUSDT
Lighter ORCLShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter RH ORCL | +0.0032% | 1h | 148.80 | +0.202% | $619K | $462K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | +0.377% | $20K | $14K | 12x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 148.77 | +0.182% | — | $127K | 25x | as long as short |
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 148.69 | +0.128% | $21.4M | $8.6M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 148.74 | +0.162% | $130K | $122K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 148.79 | +0.195% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.Plong | +0.0050% | 1h | 148.50 | long leg | $707K | $690K | 10x | |
| QFEX ORCL-USD | +0.0056% | 1h | 148.75 | +0.168% | $1.1M | $2.9M | 10x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 148.83 | +0.222% | $22K | $269K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 148.76 | +0.175% | $189 | — | 10x | as long as short |
| Nado ORCL-PERP | +0.0123% | 1h | 148.66 | +0.111% | $92K | $18K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0141% | 8h | 148.92 | +0.283% | $258K | $226K | 20x | as long as short |
| Arcus ORCL-USD | +0.0152% | 1h | 148.69 | +0.128% | $86K | $90K | 10x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0207% | 8h | 148.82 | +0.215% | $4.7M | $5.7M | 20x | as long as short |
| Bitget ORCLUSDT | +0.0298% | 8h | 148.78 | +0.189% | $7.4M | $4.6M | 20x | as long as short |
| BloFin ORCL-USDT | +0.0453% | 8h | 148.83 | +0.222% | $47K | $51K | 20x | as long as short |
| Bybit ORCLUSDT | +0.0474% | 8h | 148.81 | +0.209% | $3.5M | $1.6M | 50x | as long as short |
| Phoenix ORCL | +0.0538% | 1h | 148.72 | +0.148% | $149K | $100K | 10x | as long as short |
Lighter RH ORCL
Injective ORCL/USDC PERP
Vest ORCL-USD-PERP
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
QFEX ORCL-USD
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Nado ORCL-PERP
KuCoin ORCLUSDTM
Arcus ORCL-USD
OKX ORCL-USDT-SWAP
Bitget ORCLUSDT
BloFin ORCL-USDT
Bybit ORCLUSDT
Phoenix ORCL