Funding you earn now, next payment 07:00 UTC−0.0296%/8h= −32.4% APRpaid last 24h −0.120%
Price spread now: GRVT against Phoenix+0.072%7-day average +0.062% · you sell dearer than you buy
Net, funding: paid 7d − costs−$135as in the Funding arb table
Net, price: spread back to 7d avg − costs−$49as in the Price arb table
costs, in and out, $10k−$500.495% of the position
Funding, last 7 days−0.851%−$85 on $10k
+Price spread, last 4 days (all we have)−0.187%−$19 · spread now +0.072%, 7d avg +0.062%
=Together, before fees−1.038%+ Points / potential airdropGRVT: Active · farm board−$104 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: −$9 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Phoenix ORCL | 149.17 | 0.0483 | pay 0.0060% / 1h | 38m 41s | $152K | $72K | 10x |
| Short | GRVT ORCL_USDT_Perp | 149.28 | 0.0187 | get 0.0187% / 8h | 38m 41s | $1K | $159K | 10x |
Phoenix ORCL
GRVT ORCL_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against Phoenix. 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
- −$62.08
- Price spread: +0.072% → +0.062%
- $1.01
- Slippage, 4 orders
- −$33.51
- Fee Phoenix: 3.5 bp × 2 orders
- −$7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$110.58
- Costs to cover
- 0.495%
- Break-even
- never at this rate
Slippage from Phoenix: live order book, 57 min ago; GRVT: live order book, 58 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 Phoenix live order book, 57 min ago | 2.68 bp | 10.8 bp −$11 | 22.9 bp −$229 | doesn't fit | doesn't fit |
| Sell GRVT live order book, 58 min ago | 3.68 bp | 13.5 bp −$14 | 39.4 bp −$394 | 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 | −0.0643% | 4h | 149.27 | +0.065% | $28K | $213K | 10x | as long as short |
| Aster ORCLUSDT | 0.0000% | 8h | 149.57 | +0.265% | $98K | $20K | 20x | as long as short |
| Bitget ORCLUSDT | 0.0000% | 8h | 149.33 | +0.107% | $7.7M | $2.7M | 20x | as long as short |
| SunX ORCL-USDT | 0.0000% | 8h | 149.42 | +0.168% | $2K | $2.7M | 10x | as long as short |
| HTX ORCL-USDT | 0.0000% | 8h | 149.33 | +0.107% | $52K | $25K | 20x | as long as short |
| Lighter ORCL | +0.0032% | 1h | 149.24 | +0.047% | $477K | $59K | 10x | as long as short |
| Injective ORCL/USDC PERP | +0.0033% | 1h | 149.06 | −0.074% | $20K | $9K | 12x | as long as short |
| Lighter RH ORCL | +0.0040% | 1h | 149.21 | +0.027% | $622K | $316K | 10x | as long as short |
| Arcus ORCL-USD | +0.0040% | 1h | 149.13 | −0.027% | $86K | $79K | 10x | as long as short |
| Vest ORCL-USD-PERP | +0.0046% | 1h | 149.22 | +0.034% | — | $67K | 25x | as long as short |
edgeX ORCLUSDC
Aster ORCLUSDT
Bitget ORCLUSDT
SunX ORCL-USDT
HTX ORCL-USDT
Lighter ORCL
Injective ORCL/USDC PERP
Lighter RH ORCL
Arcus ORCL-USD
Vest ORCL-USD-PERPShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:ORCL | +0.0050% | 1h | 149.07 | −0.067% | $21.6M | $6.9M | 10x | as long as short |
| Polymarket Perps ORCL-USD | +0.0050% | 1h | 149.14 | −0.020% | $131K | $82K | 10x | as long as short |
| SoDEX ORCL-USD | +0.0050% | 1h | 149.19 | +0.013% | $30K | $3K | 10x | as long as short |
| Ondo Perps ORCL-USD.P | +0.0050% | 1h | 149.10 | −0.047% | $698K | $855K | 10x | as long as short |
| QFEX ORCL-USD | +0.0057% | 1h | 149.21 | +0.027% | $1.1M | $2.0M | 10x | as long as short |
| Nado ORCL-PERP | +0.0073% | 1h | 149.10 | −0.050% | $88K | $22K | 10x | as long as short |
| KuCoin ORCLUSDTM | +0.0100% | 8h | 149.26 | +0.060% | $240K | $273K | 20x | as long as short |
| ApeX Omni ORACLEUSDT | +0.0100% | 1h | 149.31 | +0.094% | $22K | $264K | 50x | as long as short |
| Orderly PERP_ORCL_USDC_mythos | +0.0100% | 8h | 149.18 | +0.007% | $190 | — | 10x | as long as short |
| Variational Omni ORCL | +0.0169% | 8h | 149.27 | +0.064% | $1.2M | $424K | — | as long as short |
| GRVT ORCL_USDT_Perpshort | +0.0187% | 8h | 149.28 | +0.072% | $1K | $159K | 10x | |
| Gate ORCL_USDT | +0.0206% | 8h | 149.32 | +0.101% | $2.3M | $3.0M | 25x | as long as short |
| OKX ORCL-USDT-SWAP | +0.0242% | 8h | 149.16 | −0.007% | $4.9M | $6.0M | 20x | as long as short |
| Binance ORCLUSDT | +0.0264% | 8h | 149.19 | +0.016% | $24.9M | $36.4M | 20x | as long as short |
| Extended ORCL_24_5-USD | +0.0264% | 1h | 149.16 | −0.009% | $388K | $2.1M | 10x | as long as short |
| Phoenix ORCLlong | +0.0483% | 1h | 149.17 | long leg | $152K | $72K | 10x | |
| Bybit ORCLUSDT | +0.0569% | 8h | 149.21 | +0.027% | $4.2M | $1.9M | 50x | as long as short |
| BloFin ORCL-USDT | +0.0570% | 8h | 149.20 | +0.020% | $47K | $44K | 20x | as long as short |
tradeXYZ xyz:ORCL
Polymarket Perps ORCL-USD
SoDEX ORCL-USD
Ondo Perps ORCL-USD.P
QFEX ORCL-USD
Nado ORCL-PERP
KuCoin ORCLUSDTM
ApeX Omni ORACLEUSDT
Orderly PERP_ORCL_USDC_mythos
Variational Omni ORCL
Gate ORCL_USDT
OKX ORCL-USDT-SWAP
Binance ORCLUSDT
Extended ORCL_24_5-USD
Bybit ORCLUSDT
BloFin ORCL-USDT