Funding you earn now, next payment 16:00 UTC+0.0150%/8h= +16.4% APRnext payment +$1.50 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against SunX+0.117%46s7-day average −0.199% · you sell dearer than you buy
Net, funding: paid 7d − costs−$158as 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−$1581.577% of the position
Funding, last 7 days0.000%$0 on $10k
+Price spread, last 4 days (all we have)−0.165%−$16 · spread now +0.117%, 7d avg −0.199%
=Together, before fees−0.165%+ Points / potential airdropGRVT: Active · farm board−$16 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$5 a day on $10k at the current rate, and GRVT is 0.316% dearer against SunX than usual: you sell high and buy low: +$32 more if the spread goes back to its 7-day average of −0.199%. The two prices were read 46 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 NEAR-USDT | 4.3720 | 0.0100 | pay 0.0100% / 8h | 7h 57m | $1K | $1.3M | 20x |
| Short | GRVT NEAR_USDT_Perp | 4.3771 | 0.0250 | get 0.0250% / 8h | 7h 57m | $1.4M | $1.6M | 10x |
SunX NEAR-USDT
GRVT NEAR_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
- $31.5
- Price spread: +0.117% → −0.199%
- $31.59
- Slippage, 4 orders
- −$140.68
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$94.6
- Costs to cover
- 1.577%
- Break-even
- 28.0 days
Slippage from SunX: live order book, 7 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, 7 min ago | 30.98 bp | 51.8 bp −$52 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 1 min ago | 3.43 bp | 12.5 bp −$12 | 32.2 bp −$322 | doesn't fit | doesn't fit |
NEAR on 45 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 | |
|---|---|---|---|---|---|---|---|---|
| Kraken Futures PF_NEARUSD | −0.0432% | 1h | 4.3718 | −0.005% | $7.2M | $38.6M | 50x | as long as short |
| Reya NEARRUSDPERP | −0.0171% | 1h | 4.3629 | −0.209% | $2K | — | 20x | as long as short |
| dYdX NEAR-USD | 0.0000% | 1h | 4.3717 | −0.006% | $108K | $68K | 10x | as long as short |
| gTrade (Gains Network) NEAR/USD | L +0.0004% / S −0.0006% | 1h | 4.3639 | −0.184% | $163K | — | 150x | as long as short |
| Injective NEAR/USDC PERP | +0.0033% | 1h | 4.1410 | −5.284% | $578 | $301K | 12x | as long as short |
| Gate NEAR_USDT | +0.0060% | 8h | 4.3706 | −0.032% | $36.1M | $61.6M | 75x | as long as short |
| Popdex NEARUSDT | +0.0096% | 1h | 4.3690 | −0.069% | $115K | $500K | 50x | as long as short |
| Aster NEARUSDT | +0.0100% | 8h | 4.3701 | −0.044% | $2.7M | $4.8M | 50x | as long as short |
| Bybit NEARUSDT | +0.0100% | 8h | 4.3681 | −0.089% | $220.4M | $430.1M | 75x | as long as short |
| OKX NEAR-USDT-SWAP | +0.0100% | 8h | 4.3620 | −0.229% | $61.7M | $296.2M | 50x | as long as short |
Kraken Futures PF_NEARUSD
Reya NEARRUSDPERP
dYdX NEAR-USD
gTrade (Gains Network) NEAR/USD
Injective NEAR/USDC PERP
Gate NEAR_USDT
Popdex NEARUSDT
Aster NEARUSDT
Bybit NEARUSDT
OKX NEAR-USDT-SWAPShow all 45 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Arcus NEAR-USD | +0.0100% | 1h | 4.3720 | 0.000% | $229K | $1.5M | 10x | as long as short |
| Bulk NEAR-USD | +0.0100% | 1h | 4.3688 | −0.073% | $252K | $3K | 10x | as long as short |
| KuCoin NEARUSDTM | +0.0100% | 8h | 4.3700 | −0.046% | $52.9M | $45.9M | 75x | as long as short |
| Bitget NEARUSDT | +0.0100% | 8h | 4.3627 | −0.213% | $72.2M | $127.5M | 75x | as long as short |
| Variational Omni NEAR | +0.0100% | 8h | 4.3629 | −0.208% | $8.9M | $18.6M | — | as long as short |
| edgeX NEARUSDC | +0.0100% | 4h | 4.3729 | +0.020% | $253K | $892K | 20x | as long as short |
| ApeX Omni NEARUSDT | +0.0100% | 1h | 4.3710 | −0.023% | $167K | $815K | 50x | as long as short |
| Polymarket Perps NEAR-USD | +0.0100% | 1h | 4.3640 | −0.183% | $272K | $4.1M | 10x | as long as short |
| Orderly PERP_NEAR_USDC | +0.0100% | 8h | 4.3730 | +0.023% | $58K | $235K | 20x | as long as short |
| SunX NEAR-USDTlong | +0.0100% | 8h | 4.3720 | long leg | $1K | $1.3M | 20x | |
| SoDEX NEAR-USD | +0.0100% | 1h | 4.3729 | +0.021% | $5K | $50K | 10x | as long as short |
| Phemex NEARUSDT | +0.0100% | 8h | 4.3670 | −0.114% | $3.5M | $8.2M | 50x | as long as short |
| Paradex NEAR-USD-PERP | +0.0101% | 8h | 4.3706 | −0.031% | $32K | $585 | 10x | as long as short |
| Extended NEAR-USD | +0.0104% | 1h | 4.3691 | −0.066% | $3.6M | $16.3M | 25x | as long as short |
| Aevo NEAR-PERP | +0.0112% | 1h | 4.3725 | +0.011% | $203K | $40K | 3x | as long as short |
| MEXC NEAR_USDT | +0.0138% | 8h | 4.3650 | −0.160% | $89.1M | $152.4M | 200x | as long as short |
| Binance NEARUSDT | +0.0138% | 8h | 4.3702 | −0.041% | $264.0M | $1.09B | 75x | as long as short |
| BingX NEAR-USDC | +0.0154% | 8h | 4.3710 | −0.023% | — | $6.6M | — | as long as short |
| Kalshi KXNEARPERP | +0.0163% | 8h | 4.3681 | −0.089% | $909K | $25.1M | 2.2x | as long as short |
| Nado NEAR-PERP | +0.0223% | 1h | 4.3655 | −0.149% | $1.7M | $3.2M | 10x | as long as short |
| GRVT NEAR_USDT_Perpshort | +0.0250% | 8h | 4.3771 | +0.117% | $1.4M | $1.6M | 10x | |
| BloFin NEAR-USDT | +0.0258% | 8h | 4.3770 | +0.114% | $13.3M | $32.3M | 75x | as long as short |
| 01 Exchange NEARUSD | +0.0288% | 1h | 4.3741 | +0.048% | $13K | $7K | 10x | as long as short |
| Hyperliquid NEAR | +0.0304% | 1h | 4.3688 | −0.073% | $352.5M | $317.2M | 10x | as long as short |
| HTX NEAR-USDT | +0.0340% | 8h | 4.3790 | +0.160% | $463K | $3.8M | 75x | as long as short |
| GMX NEAR/USD [ETH-USDC] | L +0.0344% / S −0.0244% | 1h | 4.3679 | −0.093% | $254K | — | 100x | as long as short |
| Coinbase International NEAR-PERP-INTX | +0.0488% | 1h | 4.3740 | +0.046% | $2.3M | $17.0M | 50x | as long as short |
| Backpack NEAR_USDC_PERP | +0.0631% | 1h | 4.3734 | +0.032% | $1.1M | $7.2M | 20x | as long as short |
| Lighter RH NEAR | +0.0656% | 1h | 4.3764 | +0.101% | $1.5M | $6.4M | 10x | as long as short |
| RISEx NEAR/USDC | +0.0656% | 1h | 4.3658 | −0.141% | $599K | $1.4M | 10x | as long as short |
| Lighter NEAR | +0.0664% | 1h | 4.3772 | +0.119% | $17.2M | $23.7M | 15x | as long as short |
| Pacifica NEAR | +0.0701% | 1h | 4.3720 | −0.001% | $412K | $1.4M | 10x | as long as short |
| Phoenix NEAR | +0.0949% | 1h | 4.3666 | −0.124% | $1.8M | $2.4M | 10x | as long as short |
| Aftermath Perps NEARUSD | +0.1082% | 1h | 4.3684 | −0.082% | $5K | $7K | 10x | as long as short |
| Deribit NEAR_USDC-PERPETUAL | +0.3204% | 1h | 4.3865 | +0.332% | $1.9M | $13.1M | 25x | as long as short |
Arcus NEAR-USD
Bulk NEAR-USD
KuCoin NEARUSDTM
Bitget NEARUSDT
Variational Omni NEAR
edgeX NEARUSDC
ApeX Omni NEARUSDT
Polymarket Perps NEAR-USD
Orderly PERP_NEAR_USDC
SoDEX NEAR-USD
Phemex NEARUSDT
Paradex NEAR-USD-PERP
Extended NEAR-USD
Aevo NEAR-PERP
MEXC NEAR_USDT
Binance NEARUSDT
BingX NEAR-USDC
Kalshi KXNEARPERP
Nado NEAR-PERP
BloFin NEAR-USDT
01 Exchange NEARUSD
Hyperliquid NEAR
HTX NEAR-USDT
GMX NEAR/USD [ETH-USDC]
Coinbase International NEAR-PERP-INTX
Backpack NEAR_USDC_PERP
Lighter RH NEAR
RISEx NEAR/USDC
Lighter NEAR
Pacifica NEAR
Phoenix NEAR
Aftermath Perps NEARUSD
Deribit NEAR_USDC-PERPETUAL