Funding you earn now, next payment 08:00 UTC+0.0867%/8h= +94.9% APRnext payment +$8.67 per $10,000 · paid last 24h −0.005%
Price spread now: GRVT against SunX+0.708%7-day average +0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs−$20as in the Price arb table
costs, in and out, $10k−$830.830% of the position
Funding, last 7 days+0.414%+$41 on $10k
+Price spread, last 3 days (all we have)−0.601%−$60 · spread now +0.708%, 7d avg +0.073%
=Together, before fees−0.187%+ Points / potential airdropGRVT: Active · farm board−$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$26 a day on $10k at the current rate, and GRVT is 0.635% dearer against SunX than usual: you sell high and buy low: +$63 more if the spread goes back to its 7-day average of +0.073%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.414% in total (about 21.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.67 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX XMR-USDT | 587.44 | 0.0100 | pay 0.0100% / 8h | 7h 17m | $2K | $2.0M | 20x |
| Short | GRVT XMR_USDT_Perp | 591.60 | 0.0967 | get 0.0967% / 8h | 7h 17m | $350K | $792K | 10x |
Funding 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
- $182.07
- Price spread: +0.708% → +0.073%
- $63.5
- Slippage, 4 orders
- −$66.01
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $162.55
- Costs to cover
- 0.830%
- Break-even
- 0.8 days
Slippage from SunX: live order book, 9 min ago; GRVT: live order book, 56 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, 9 min ago | 13.42 bp | 34.5 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 56 min ago | 0.09 bp | 15.2 bp −$15 | doesn't fit | doesn't fit | doesn't fit |
XMR on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| gTrade (Gains Network) XMR/USD | L +0.0010% / S −0.0009% | 1h | 586.44 | −0.170% | $45K | — | 150x | as long as short |
| Injective XMR/USDC PERP | +0.0033% | 1h | 596.76 | +1.587% | $3K | $4K | 12x | as long as short |
| dYdX XMR-USD | +0.0077% | 1h | 586.89 | −0.094% | $106K | $50K | 5x | as long as short |
| edgeX XMRUSDC | +0.0100% | 4h | 590.84 | +0.578% | $1.0M | $661K | 10x | as long as short |
| SunX XMR-USDTlong | +0.0100% | 8h | 587.44 | long leg | $2K | $2.0M | 20x | |
| HTX XMR-USDT | +0.0100% | 8h | 586.66 | −0.133% | $1.1M | $1.6M | 20x | as long as short |
| Aevo XMR-PERP | +0.0184% | 1h | 587.57 | +0.022% | $12K | — | 3x | as long as short |
| Binance XMRUSDT | +0.0425% | 8h | 587.96 | +0.089% | $53.6M | $167.0M | 75x | as long as short |
| MEXC XMR_USDT | +0.0427% | 8h | 587.74 | +0.051% | $21.3M | $15.3M | 100x | as long as short |
| Bitget XMRUSDT | +0.0547% | 8h | 587.80 | +0.061% | $9.7M | $14.5M | 50x | as long as short |
Show all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster XMRUSDT | +0.0616% | 8h | 587.02 | −0.072% | $652K | $2.5M | 75x | as long as short |
| BloFin XMR-USDT | +0.0618% | 8h | 587.74 | +0.051% | $2.7M | $11.5M | 75x | as long as short |
| Kraken Futures PF_XMRUSD | +0.0648% | 1h | 586.97 | −0.080% | $5.6M | $20.5M | 50x | as long as short |
| Pacifica XMR | +0.0659% | 1h | 587.87 | +0.073% | $278K | $1.1M | 10x | as long as short |
| KuCoin XMRUSDTM | +0.0686% | 8h | 587.43 | −0.002% | $48.2M | $26.0M | 50x | as long as short |
| Gate XMR_USDT | +0.0738% | 8h | 586.90 | −0.092% | $1.6M | $4.6M | 50x | as long as short |
| Variational Omni XMR | +0.0867% | 8h | 591.04 | +0.612% | $6.8M | $2.6M | — | as long as short |
| GMX XMR/USD [WBTC.b-USDC] | L +0.0869% / S −0.2458% | 1h | 586.50 | −0.160% | $547K | — | 100x | as long as short |
| GRVT XMR_USDT_Perpshort | +0.0967% | 8h | 591.60 | +0.708% | $350K | $792K | 10x | |
| Backpack XMR_USDC_PERP | +0.0981% | 1h | 587.04 | −0.068% | $184K | $535K | 20x | as long as short |
| Orderly PERP_XMR_USDC | +0.1040% | 8h | 587.62 | +0.031% | $42K | $739K | 10x | as long as short |
| Bybit XMRUSDT | +0.1107% | 8h | 588.04 | +0.102% | $47.3M | $64.7M | 75x | as long as short |
| BingX XMR-USDT | +0.1111% | 8h | 587.97 | +0.090% | — | $5.8M | — | as long as short |
| Polymarket Perps XMR-USD | +0.1120% | 1h | 587.54 | +0.017% | $47K | $1.9M | 5x | as long as short |
| SoDEX XMR-USD | +0.1198% | 1h | 587.73 | +0.049% | $447K | $3K | 5x | as long as short |
| Lighter XMR | +0.1208% | 1h | 588.05 | +0.104% | $3.3M | $7.1M | 10x | as long as short |
| Paradex XMR-USD-PERP | +0.1266% | 8h | 587.44 | 0.000% | $8K | $4K | 20x | as long as short |
| Nado XMR-PERP | +0.1420% | 1h | 587.72 | +0.048% | $1.3M | $466K | 10x | as long as short |
| Hyperliquid XMR | +0.1978% | 1h | 587.58 | +0.024% | $89.2M | $73.0M | 5x | as long as short |
| Extended XMR-USD | +0.2472% | 1h | 587.77 | +0.056% | $3.2M | $7.9M | 25x | as long as short |
| Aftermath Perps XMRUSD | +0.2647% | 1h | 588.82 | +0.235% | $1K | $46K | 10x | as long as short |
SunX XMR-USDT
GRVT XMR_USDT_Perp
gTrade (Gains Network) XMR/USD
Injective XMR/USDC PERP
edgeX XMRUSDC
HTX XMR-USDT
Binance XMRUSDT
MEXC XMR_USDT
Bitget XMRUSDT
Aster XMRUSDT
BloFin XMR-USDT
Kraken Futures PF_XMRUSD
Pacifica XMR
KuCoin XMRUSDTM
Gate XMR_USDT
Variational Omni XMR
GMX XMR/USD [WBTC.b-USDC]
Backpack XMR_USDC_PERP
Bybit XMRUSDT
BingX XMR-USDT
Polymarket Perps XMR-USD
SoDEX XMR-USD
Lighter XMR
Paradex XMR-USD-PERP
Hyperliquid XMR
Extended XMR-USD
Aftermath Perps XMRUSD