Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.020%
Price spread now: GRVT against SunX−0.139%74s7-day average −0.056% · you buy dearer than you sell
Net, funding: paid 7d − costs−$189as 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−$1851.855% of the position
Funding, last 7 days−0.033%−$3 on $10k
+Price spread, last 3 days (all we have)+0.229%+$23 · spread now −0.139%, 7d avg −0.056%
=Together, before fees+0.196%+ Points / potential airdropGRVT: Active · farm board+$20 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 0.083% cheaper against SunX than usual: you would sell low and buy high, −$8 on $10k if it goes back to its 7-day average of −0.056%. The two prices were read 74 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 | SunX ICP-USDT | 2.9960 | 0.0100 | pay 0.0100% / 8h | 6h 30m | $1K | $1.8M | 20x |
| Short | GRVT ICP_USDT_Perp | 2.9918 | 0.0100 | get 0.0100% / 8h | 6h 30m | $580K | $491K | 10x |
SunX ICP-USDT
GRVT ICP_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: −0.139% → −0.056%
- −$8.34
- Slippage, 4 orders
- −$168.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$193.81
- Costs to cover
- 1.855%
- Break-even
- never at this rate
Slippage from SunX: live order book, 5 min ago; GRVT: live order book, 38 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, 5 min ago | 48.42 bp | 73.3 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 38 min ago | 3.27 bp | 19.4 bp −$19 | 70.7 bp −$707 | doesn't fit | doesn't fit |
ICP on 26 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 | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni ICP | −0.0004% | 8h | 2.9960 | +0.001% | $1.1M | $118K | — | as long as short |
| dYdX ICP-USD | 0.0000% | 1h | 2.9995 | +0.117% | $70K | $4K | 5x | as long as short |
| Deribit ICP_USDC-PERPETUAL | 0.0000% | 1h | 3.0024 | +0.214% | $268 | $464 | 50x | as long as short |
| gTrade (Gains Network) ICP/USD | L +0.0006% / S −0.0011% | 1h | 3.0010 | +0.167% | $23K | — | 150x | as long as short |
| Injective ICP/USDC PERP | +0.0033% | 1h | 2.9665 | −0.985% | $202 | $200K | 12x | as long as short |
| Lighter ICP | +0.0096% | 1h | 3.0055 | +0.317% | $164K | $491K | 5x | as long as short |
| Aster ICPUSDT | +0.0100% | 8h | 3.0014 | +0.180% | $292K | $1.7M | 20x | as long as short |
| Pacifica ICP | +0.0100% | 1h | 2.9988 | +0.092% | $136K | $11K | 5x | as long as short |
| Binance ICPUSDT | +0.0100% | 8h | 3.0032 | +0.240% | $29.7M | $54.3M | 75x | as long as short |
| Bybit ICPUSDT | +0.0100% | 8h | 3.0020 | +0.200% | $17.7M | $19.0M | 75x | as long as short |
Variational Omni ICP
dYdX ICP-USD
Deribit ICP_USDC-PERPETUAL
gTrade (Gains Network) ICP/USD
Injective ICP/USDC PERP
Lighter ICP
Aster ICPUSDT
Pacifica ICP
Binance ICPUSDT
Bybit ICPUSDTShow all 26 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| OKX ICP-USDT-SWAP | +0.0100% | 8h | 3.0030 | +0.234% | $5.9M | $17.2M | 50x | as long as short |
| Gate ICP_USDT | +0.0100% | 8h | 3.0030 | +0.234% | $1.9M | $3.1M | 50x | as long as short |
| MEXC ICP_USDT | +0.0100% | 8h | 3.0030 | +0.234% | $19.4M | $10.1M | 50x | as long as short |
| KuCoin ICPUSDTM | +0.0100% | 8h | 3.0010 | +0.167% | $5.0M | $13.4M | 50x | as long as short |
| Bitget ICPUSDT | +0.0100% | 8h | 3.0040 | +0.267% | $7.1M | $4.9M | 50x | as long as short |
| BingX ICP-USDT | +0.0100% | 8h | 3.0020 | +0.200% | — | $6.1M | — | as long as short |
| edgeX ICPUSDC | +0.0100% | 4h | 2.9935 | −0.083% | $23K | $280K | 10x | as long as short |
| GRVT ICP_USDT_Perpshort | +0.0100% | 8h | 2.9918 | −0.139% | $580K | $491K | 10x | |
| SunX ICP-USDTlong | +0.0100% | 8h | 2.9960 | long leg | $1K | $1.8M | 20x | |
| HTX ICP-USDT | +0.0100% | 8h | 2.9960 | 0.000% | $105K | $239K | 20x | as long as short |
| Phemex ICPUSDT | +0.0100% | 8h | 3.0000 | +0.134% | $1.8M | $792K | 50x | as long as short |
| Extended ICP-USD | +0.0104% | 1h | 3.0005 | +0.150% | $22K | $131K | 10x | as long as short |
| Coinbase International ICP-PERP-INTX | +0.0256% | 1h | 3.0040 | +0.267% | $65K | $75K | 50x | as long as short |
| Hyperliquid ICP | +0.0301% | 1h | 3.0066 | +0.354% | $4.7M | $5.2M | 5x | as long as short |
| GMX ICP/USD [WBTC.b-USDC] | L +0.0508% / S −0.0480% | 1h | 3.0005 | +0.150% | $37K | — | 100x | as long as short |
| Kraken Futures PF_ICPUSD | +0.0893% | 1h | 3.0067 | +0.357% | $545K | $617K | 50x | as long as short |
OKX ICP-USDT-SWAP
Gate ICP_USDT
MEXC ICP_USDT
KuCoin ICPUSDTM
Bitget ICPUSDT
BingX ICP-USDT
edgeX ICPUSDC
HTX ICP-USDT
Phemex ICPUSDT
Extended ICP-USD
Coinbase International ICP-PERP-INTX
Hyperliquid ICP
GMX ICP/USD [WBTC.b-USDC]
Kraken Futures PF_ICPUSD