Funding you earn now, next payment 16:00 UTC−0.0756%/8h= −82.8% APRnext payment −$7.56 per $10,000 · paid last 24h −0.016%
Price spread now: SunX against GRVT+0.183%74s7-day average −0.017% · you sell dearer than you buy
Net, funding: paid 7d − costs−$168as 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−$1591.588% of the position
Funding, last 7 days−0.091%−$9 on $10k
+Price spread, last 4 days (all we have)+0.044%+$4 · spread now +0.183%, 7d avg −0.017%
=Together, before fees−0.047%+ Points / potential airdropGRVT: Active · farm board−$5 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.200% dearer against GRVT than usual: you sell high and buy low (spread +0.183% now, against its 7-day average of −0.017%): +$20 on $10k if it goes back. Holding the pair costs −$23 a day in funding at the current rate, which eats that in about 21 hours. At the pace of the last 7 days (−0.091% in total) that is about 15 days. 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 -0.091% in total (about -4.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$7.56 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 AXTI_USDT_Perp | 77.988 | 0.0756 | pay 0.0756% / 8h | 6h 57m | $317 | $215K | 10x |
| Short | SunX AXTI-USDT | 78.130 | 0 | get 0.0000% / 8h | 6h 57m | $1K | $851K | 10x |
GRVT AXTI_USDT_Perp
SunX AXTI-USDTFunding 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
- −$158.76
- Price spread: +0.183% → −0.017%
- $19.98
- Slippage, 4 orders
- −$141.83
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$297.61
- Costs to cover
- 1.588%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 34 min ago; SunX: live order book, 5 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 GRVT live order book, 34 min ago | 3.92 bp | 12.1 bp −$12 | 76.9 bp −$769 | doesn't fit | doesn't fit |
| Sell SunX live order book, 5 min ago | 48.14 bp | 66.9 bp −$67 | doesn't fit | doesn't fit | doesn't fit |
AXTI on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Bitget AXTIUSDT | −0.1204% | 8h | 78.050 | +0.080% | $1.2M | $3.9M | 20x | as long as short |
| Aster AXTIUSDT | 0.0000% | 8h | 78.040 | +0.067% | $7K | $124K | 20x | as long as short |
| Extended AXTI-USD | 0.0000% | 1h | 78.049 | +0.078% | $10K | $291K | 10x | as long as short |
| Binance AXTIUSDT | 0.0000% | 8h | 78.030 | +0.054% | $8.2M | $37.9M | 20x | as long as short |
| Bybit AXTIUSDT | 0.0000% | 8h | 78.050 | +0.080% | $1.9M | $1.5M | 25x | as long as short |
| OKX AXTI-USDT-SWAP | 0.0000% | 8h | 78.030 | +0.054% | $2.6M | $12.1M | 20x | as long as short |
| Gate AXTI_USDT | 0.0000% | 8h | 78.050 | +0.080% | $1.6M | $6.4M | 50x | as long as short |
| SunX AXTI-USDTshort | 0.0000% | 8h | 78.130 | +0.183% | $1K | $851K | 10x | |
| HTX AXTI-USDT | 0.0000% | 8h | 77.960 | −0.035% | $19K | $33K | 20x | as long as short |
| QFEX AXTI-USD | +0.0005% | 1h | 78.100 | +0.144% | $1.1M | $1.9M | 10x | as long as short |
Bitget AXTIUSDT
Aster AXTIUSDT
Extended AXTI-USD
Binance AXTIUSDT
Bybit AXTIUSDT
OKX AXTI-USDT-SWAP
Gate AXTI_USDT
HTX AXTI-USDT
QFEX AXTI-USDShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter AXTI | +0.0032% | 1h | 78.020 | +0.042% | — | — | 10x | as long as short |
| KuCoin AXTIUSDTM | +0.0100% | 8h | 77.980 | −0.010% | $588K | $598K | 20x | as long as short |
| Aevo AXTI-PERP | +0.0104% | 1h | 78.068 | +0.104% | — | — | 10x | as long as short |
| GRVT AXTI_USDT_Perplong | +0.0756% | 8h | 77.988 | long leg | $317 | $215K | 10x |
Lighter AXTI
KuCoin AXTIUSDTM
Aevo AXTI-PERP