Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against SunX+0.201%7-day average −0.052% · you sell dearer than you buy
Net, funding: paid 7d − costs−$108as in the Funding arb table
Net, price: spread back to 7d avg − costs−$81as in the Price arb table
costs, in and out, $10k−$1061.062% of the position
Funding, last 7 days−0.015%−$1 on $10k
+Price spread, last 4 days (all we have)−0.454%−$45 · spread now +0.201%, 7d avg −0.052%
=Together, before fees−0.469%+ Points / potential airdropGRVT: Active · farm board−$47 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: GRVT is 0.253% dearer against SunX than usual: you sell high and buy low, +$25 on $10k if it goes back to its 7-day average of −0.052%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX ADA-USDT | 0.2502 | 0.0100 | pay 0.0100% / 8h | 3h 32m | $9K | $738K | 30x |
| Short | GRVT ADA_USDT_Perp | 0.2507 | 0.0100 | get 0.0100% / 8h | 3h 32m | $303K | $3.9M | 10x |
SunX ADA-USDT
GRVT ADA_USDT_PerpFunding history
latest
Range statsloading…
Price spread between the two exchanges
GRVT against SunX. 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
- $0
- Price spread: +0.201% → −0.052%
- $25.31
- Slippage, 4 orders
- −$89.24
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$80.93
- Costs to cover
- 1.062%
- Break-even
- never at this rate
Slippage from SunX: live order book, 49 min ago; GRVT: live order book, 1 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 SunX live order book, 49 min ago | 20.78 bp | 24.8 bp −$25 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 2.00 bp | 28.7 bp −$29 | 42.2 bp −$422 | doesn't fit | doesn't fit |
ADA on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| dYdX ADA-USD | 0.0000% | 1h | 0.2498 | −0.155% | $206K | $2K | 10x | as long as short |
| Kalshi KXADAPERP | 0.0000% | 8h | 0.2500 | −0.078% | $147K | $6.8M | 3.2x | as long as short |
| gTrade (Gains Network) ADA/USD | L +0.0005% / S −0.0003% | 1h | 0.2500 | −0.066% | $85K | — | 150x | as long as short |
| Kraken Futures PF_ADAUSD | +0.0025% | 1h | 0.2501 | −0.031% | $6.4M | $13.0M | 50x | as long as short |
| Injective ADA/USDC PERP | +0.0033% | 1h | 0.2471 | −1.237% | $849 | $202K | 12x | as long as short |
| Coinbase International ADA-PERP-INTX | +0.0080% | 1h | 0.2500 | −0.078% | $394K | $8.2M | 50x | as long as short |
| Lighter ADA | +0.0096% | 1h | 0.2502 | −0.002% | $2.5M | $1.1M | 10x | as long as short |
| Aster ADAUSDT | +0.0100% | 8h | 0.2500 | −0.071% | $1.2M | $1.0M | 75x | as long as short |
| Pacifica ADA | +0.0100% | 1h | 0.2500 | −0.062% | $161K | $170K | 10x | as long as short |
| Binance ADAUSDT | +0.0100% | 8h | 0.2501 | −0.038% | $106.6M | $382.9M | 75x | as long as short |
dYdX ADA-USD
Kalshi KXADAPERP
gTrade (Gains Network) ADA/USD
Kraken Futures PF_ADAUSD
Injective ADA/USDC PERP
Coinbase International ADA-PERP-INTX
Lighter ADA
Aster ADAUSDT
Pacifica ADA
Binance ADAUSDTShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit ADAUSDT | +0.0100% | 8h | 0.2499 | −0.118% | $74.9M | $112.8M | 75x | as long as short |
| OKX ADA-USDT-SWAP | +0.0100% | 8h | 0.2500 | −0.078% | $33.5M | $110.9M | 50x | as long as short |
| Gate ADA_USDT | +0.0100% | 8h | 0.2500 | −0.078% | $102.2M | $60.9M | 75x | as long as short |
| MEXC ADA_USDT | +0.0100% | 8h | 0.2502 | +0.002% | $61.3M | $61.8M | 300x | as long as short |
| KuCoin ADAUSDTM | +0.0100% | 8h | 0.2500 | −0.094% | $30.1M | $15.3M | 75x | as long as short |
| Bitget ADAUSDT | +0.0100% | 8h | 0.2501 | −0.038% | $68.0M | $51.3M | 75x | as long as short |
| BingX ADA-USDT | +0.0100% | 8h | 0.2502 | +0.002% | — | $20.2M | — | as long as short |
| Variational Omni ADA | +0.0100% | 8h | 0.2508 | +0.244% | $4.4M | $1.1M | — | as long as short |
| edgeX ADAUSDC | +0.0100% | 4h | 0.2507 | +0.211% | $67K | $285K | 20x | as long as short |
| GRVT ADA_USDT_Perpshort | +0.0100% | 8h | 0.2507 | +0.201% | $303K | $3.9M | 10x | |
| ApeX Omni ADAUSDT | +0.0100% | 1h | 0.2507 | +0.201% | $231K | $753K | 50x | as long as short |
| Polymarket Perps ADA-USD | +0.0100% | 1h | 0.2500 | −0.066% | $95K | $616K | 10x | as long as short |
| Orderly PERP_ADA_USDC | +0.0100% | 8h | 0.2501 | −0.038% | $6K | $6K | 20x | as long as short |
| Derive ADA-PERP | +0.0100% | 1h | 0.2502 | +0.001% | $41K | $2K | 5x | as long as short |
| SunX ADA-USDTlong | +0.0100% | 8h | 0.2502 | long leg | $9K | $738K | 30x | |
| SoDEX ADA-USD | +0.0100% | 1h | 0.2501 | −0.034% | $344 | $13K | 10x | as long as short |
| HTX ADA-USDT | +0.0100% | 8h | 0.2501 | −0.022% | $1.4M | $6.7M | 75x | as long as short |
| Phemex ADAUSDT | +0.0100% | 8h | 0.2500 | −0.078% | $48.7M | $6.9M | 50x | as long as short |
| Extended ADA-USD | +0.0104% | 1h | 0.2500 | −0.067% | $542K | $1.8M | 50x | as long as short |
| Paradex ADA-USD-PERP | +0.0113% | 8h | 0.2502 | +0.006% | $21K | $250 | 20x | as long as short |
| Phoenix ADA | +0.0161% | 1h | 0.2508 | +0.233% | $4K | $95K | 10x | as long as short |
| BloFin ADA-USDT | +0.0220% | 8h | 0.2501 | −0.038% | $4.6M | $5.9M | 75x | as long as short |
| Reya ADARUSDPERP | +0.0277% | 1h | 0.2500 | −0.060% | $1K | — | 15x | as long as short |
| Backpack ADA_USDC_PERP | +0.0317% | 1h | 0.2501 | −0.030% | $139K | $463K | 15x | as long as short |
| Hyperliquid ADA | +0.0477% | 1h | 0.2502 | +0.006% | $44.8M | $16.0M | 10x | as long as short |
| Deribit ADA_USDC-PERPETUAL | +0.0550% | 1h | 0.2503 | +0.026% | $621K | $523K | 50x | as long as short |
| GMX ADA/USD [WBTC.b-USDC] | L +0.0616% / S −0.0569% | 1h | 0.2500 | −0.081% | $139K | — | 100x | as long as short |
Bybit ADAUSDT
OKX ADA-USDT-SWAP
Gate ADA_USDT
MEXC ADA_USDT
KuCoin ADAUSDTM
Bitget ADAUSDT
BingX ADA-USDT
Variational Omni ADA
edgeX ADAUSDC
ApeX Omni ADAUSDT
Polymarket Perps ADA-USD
Orderly PERP_ADA_USDC
Derive ADA-PERP
SoDEX ADA-USD
HTX ADA-USDT
Phemex ADAUSDT
Extended ADA-USD
Paradex ADA-USD-PERP
Phoenix ADA
BloFin ADA-USDT
Reya ADARUSDPERP
Backpack ADA_USDC_PERP
Hyperliquid ADA
Deribit ADA_USDC-PERPETUAL
GMX ADA/USD [WBTC.b-USDC]