Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.039%
Price spread now: SunX against GRVT+0.246%7-day average −0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$156as in the Funding arb table
Net, price: spread back to 7d avg − costs−$117as in the Price arb table
costs, in and out, $10k−$1441.437% of the position
Funding, last 7 days−0.120%−$12 on $10k
+Price spread, last 4 days (all we have)+0.085%+$9 · spread now +0.246%, 7d avg −0.021%
=Together, before fees−0.035%+ Points / potential airdropGRVT: Active · farm board−$3 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: SunX is 0.267% dearer against GRVT than usual: you sell high and buy low, +$27 on $10k if it goes back to its 7-day average of −0.021%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BABA_USDT_Perp | 119.65 | 0 | get 0.0000% / 8h | 5h 31m | $3K | $219K | 10x |
| Short | SunX BABA-USDT | 119.94 | 0 | get 0.0000% / 8h | 5h 31m | $794 | $3.5M | 20x |
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
- $0
- Price spread: +0.246% → −0.021%
- $26.75
- Slippage, 4 orders
- −$126.65
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$116.91
- Costs to cover
- 1.437%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 31 min ago; SunX: live order book, 7 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, 31 min ago | 2.11 bp | 6.6 bp −$7 | 24.7 bp −$247 | doesn't fit | doesn't fit |
| Sell SunX live order book, 7 min ago | 24.74 bp | 43.3 bp −$43 | doesn't fit | doesn't fit | doesn't fit |
BABA on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster BABAUSDT | 0.0000% | 8h | 119.81 | +0.133% | $78K | $28K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 120.06 | +0.346% | $2.2M | $629K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 119.92 | +0.229% | $1.5M | $1.7M | 50x | as long as short |
| GRVT BABA_USDT_Perplong | 0.0000% | 8h | 119.65 | long leg | $3K | $219K | 10x | |
| SunX BABA-USDTshort | 0.0000% | 8h | 119.94 | +0.246% | $794 | $3.5M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 119.74 | +0.079% | $35K | $8K | 20x | as long as short |
| Lighter BABA | +0.0032% | 1h | 119.93 | +0.238% | $381K | $69K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 119.89 | +0.204% | $433K | $497K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −3.181% | $11K | $26K | 12x | as long as short |
| Arcus BABA-USD | +0.0040% | 1h | 119.54 | −0.088% | $72K | $109K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest BABA-USD-PERP | +0.0046% | 1h | 119.90 | +0.213% | — | $19K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 119.77 | +0.104% | $12.2M | $3.7M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 119.82 | +0.146% | $10K | $264K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 119.77 | +0.104% | $243K | $388K | 10x | as long as short |
| QFEX BABA-USD | +0.0061% | 1h | 119.87 | +0.188% | $1.2M | $4.4M | 10x | as long as short |
| Variational Omni BABA | +0.0095% | 8h | 119.43 | −0.183% | $268K | $658K | — | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 119.86 | +0.179% | $625K | $513K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 119.90 | +0.213% | $2K | $798 | 10x | as long as short |
| Extended BABA_24_5-USD | +0.0160% | 1h | 119.83 | +0.151% | $44K | $368K | 10x | as long as short |
| Binance BABAUSDT | +0.0163% | 8h | 120.02 | +0.313% | $16.1M | $25.9M | 20x | as long as short |
| Phoenix BABA | +0.0203% | 1h | 119.43 | −0.180% | $67K | $68K | 10x | as long as short |
| Bitget BABAUSDT | +0.0708% | 8h | 119.97 | +0.271% | $2.5M | $1.4M | 20x | as long as short |
GRVT BABA_USDT_Perp
SunX BABA-USDT
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
HTX BABA-USDT
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
Variational Omni BABA
KuCoin BABAUSDTM
Extended BABA_24_5-USD
Binance BABAUSDT
Phoenix BABA
Bitget BABAUSDT