Funding you earn now, next payment 16:00 UTC−0.0290%/8h= −31.8% APRnext payment −$2.90 per $10,000 · paid last 24h −0.037%
Price spread now: SunX against GRVT−0.081%74s7-day average −0.053% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.124%−$12 on $10k
+Price spread, last 4 days (all we have)−0.223%−$22 · spread now −0.081%, 7d avg −0.053%
=Together, before fees−0.347%+ Points / potential airdropGRVT: Active · farm board−$35 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.028% cheaper against GRVT than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.053%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.124% in total (about -6.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.90 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 | GRVT ARM_USDT_Perp | 320.71 | 0.0290 | pay 0.0290% / 8h | 7h 02m | $1K | $243K | 10x |
| Short | SunX ARM-USDT | 320.45 | 0 | get 0.0000% / 8h | 7h 02m | $1K | $2.2M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against GRVT. 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
- −$60.9
- Price spread: −0.081% → −0.053%
- −$2.81
- Slippage, 4 orders
- no order book: not counted
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$80.71
- Costs to cover
- 0.170%
- Break-even
- never at this rate
Slippage unknown: GRVT: live order book, 30 min ago; SunX: live order book, 5 min ago. Net counts fees only.
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 GRVT live order book, 30 min ago | 2.84 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 496.88 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
ARM on 24 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 ARMUSDC | −0.0985% | 4h | 320.62 | −0.028% | $35K | $361K | 10x | as long as short |
| Bitget ARMUSDT | −0.0218% | 8h | 320.26 | −0.141% | $1.7M | $4.1M | 20x | as long as short |
| Aster ARMUSDT | 0.0000% | 8h | 319.59 | −0.350% | $7K | $126K | 20x | as long as short |
| Extended ARM-USD | 0.0000% | 1h | 320.04 | −0.208% | $34K | $317K | 10x | as long as short |
| Binance ARMUSDT | 0.0000% | 8h | 320.16 | −0.172% | $8.2M | $49.9M | 20x | as long as short |
| Bybit ARMUSDT | 0.0000% | 8h | 320.20 | −0.159% | $1.9M | $2.1M | 25x | as long as short |
| OKX ARM-USDT-SWAP | 0.0000% | 8h | 320.07 | −0.200% | $1.6M | $6.0M | 20x | as long as short |
| Gate ARM_USDT | 0.0000% | 8h | 320.35 | −0.113% | $1.4M | $4.1M | 50x | as long as short |
| Variational Omni ARM | 0.0000% | 8h | 320.68 | −0.011% | $185K | $255K | — | as long as short |
| SunX ARM-USDTshort | 0.0000% | 8h | 320.45 | −0.081% | $1K | $2.2M | 10x |
Show all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX ARM-USDT | 0.0000% | 8h | 320.40 | −0.097% | $18K | $13K | 20x | as long as short |
| BloFin ARM-USDT | +0.0016% | 8h | 320.19 | −0.162% | $121K | $53K | 20x | as long as short |
| QFEX ARM-USD | +0.0020% | 1h | 320.21 | −0.156% | $1.1M | $3.3M | 10x | as long as short |
| Lighter ARM | +0.0032% | 1h | 319.72 | −0.309% | — | — | 10x | as long as short |
| Vest ARM-USD-PERP | +0.0046% | 1h | 320.30 | −0.128% | — | — | 10x | as long as short |
| Polymarket Perps ARM-USD | +0.0050% | 1h | 320.16 | −0.172% | $370K | $1.2M | 10x | as long as short |
| Ondo Perps ARM-USD.P | +0.0050% | 1h | 320.33 | −0.119% | $183K | $429K | 10x | as long as short |
| KuCoin ARMUSDTM | +0.0100% | 8h | 320.26 | −0.141% | $2.3M | $191K | 20x | as long as short |
| Coinbase International ARM-PERP-INTX | +0.0104% | 1h | 320.32 | −0.122% | $100K | $280K | 10x | as long as short |
| tradeXYZ xyz:ARM | +0.0124% | 1h | 320.09 | −0.194% | $8.1M | $8.6M | 10x | as long as short |
| Injective ARM/USDC PERP | +0.0220% | 1h | 320.02 | −0.215% | $11K | $51K | 12x | as long as short |
| Phoenix ARM | +0.0224% | 1h | 320.46 | −0.078% | $5K | $414K | 10x | as long as short |
| GRVT ARM_USDT_Perplong | +0.0290% | 8h | 320.71 | long leg | $1K | $243K | 10x | |
| Deribit ARM_USDC-PERPETUAL | +0.0844% | 1h | 320.21 | −0.156% | $12K | $56K | 10x | as long as short |
GRVT ARM_USDT_Perp
SunX ARM-USDT
edgeX ARMUSDC
Bitget ARMUSDT
Aster ARMUSDT
Extended ARM-USD
Binance ARMUSDT
Bybit ARMUSDT
OKX ARM-USDT-SWAP
Gate ARM_USDT
Variational Omni ARM
HTX ARM-USDT
BloFin ARM-USDT
Lighter ARM
Polymarket Perps ARM-USD
KuCoin ARMUSDTM
Coinbase International ARM-PERP-INTX
tradeXYZ xyz:ARM
Injective ARM/USDC PERP
Phoenix ARM
Deribit ARM_USDC-PERPETUAL