Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against SunX−0.007%7-day average +0.018% · you buy dearer than you sell
Net, funding: paid 7d − costs−$141as in the Funding arb table
Net, price: spread back to 7d avg − costs−$156as in the Price arb table
costs, in and out, $10k−$1541.535% of the position
Funding, last 7 days+0.125%+$13 on $10k
+Price spread, last 3 days (all we have)−0.096%−$10 · spread now −0.007%, 7d avg +0.018%
=Together, before fees+0.029%+ 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: GRVT is 0.024% cheaper against SunX than usual: you would sell low and buy high, −$2 on $10k if it goes back to its 7-day average of +0.018%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BABA-USDT | 115.98 | 0 | get 0.0000% / 8h | 1h 35m | $951 | $4.2M | 20x |
| Short | GRVT BABA_USDT_Perp | 115.97 | 0 | get 0.0000% / 8h | 1h 35m | $3K | $258K | 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
- $0
- Price spread: −0.007% → +0.018%
- −$2.43
- Slippage, 4 orders
- −$136.52
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$155.95
- Costs to cover
- 1.535%
- Break-even
- never at this rate
Slippage from SunX: live order book, 3 min ago; GRVT: live order book, 47 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, 3 min ago | 45.27 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 47 min ago | 2.15 bp | 19.2 bp −$19 | 42.3 bp −$423 | 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 | 116.00 | +0.017% | $75K | $27K | 20x | as long as short |
| Bybit BABAUSDT | 0.0000% | 8h | 116.00 | +0.017% | $2.2M | $612K | 25x | as long as short |
| Gate BABA_USDT | 0.0000% | 8h | 115.97 | −0.009% | $1.4M | $1.7M | 50x | as long as short |
| Bitget BABAUSDT | 0.0000% | 8h | 116.00 | +0.017% | $2.5M | $1.3M | 20x | as long as short |
| Variational Omni BABA | 0.0000% | 8h | 115.96 | −0.016% | $300K | $620K | — | as long as short |
| GRVT BABA_USDT_Perpshort | 0.0000% | 8h | 115.97 | −0.007% | $3K | $258K | 10x | |
| SunX BABA-USDTlong | 0.0000% | 8h | 115.98 | long leg | $951 | $4.2M | 20x | |
| HTX BABA-USDT | 0.0000% | 8h | 116.02 | +0.034% | $37K | $2K | 20x | as long as short |
| Binance BABAUSDT | +0.0006% | 8h | 115.99 | +0.007% | $15.3M | $21.1M | 20x | as long as short |
| Extended BABA_24_5-USD | +0.0008% | 1h | 115.97 | −0.009% | $42K | $383K | 10x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Lighter BABA | +0.0032% | 1h | 116.08 | +0.086% | $384K | $49K | 10x | as long as short |
| Lighter RH BABA | +0.0032% | 1h | 115.98 | 0.000% | $446K | $590K | 10x | as long as short |
| Injective BABA/USDC PERP | +0.0033% | 1h | 115.84 | −0.121% | $11K | $26K | 12x | as long as short |
| QFEX BABA-USD | +0.0035% | 1h | 115.95 | −0.026% | $1.2M | $5.1M | 10x | as long as short |
| Vest BABA-USD-PERP | +0.0046% | 1h | 115.97 | −0.009% | — | $9K | 10x | as long as short |
| tradeXYZ xyz:BABA | +0.0050% | 1h | 115.94 | −0.034% | $12.1M | $3.0M | 10x | as long as short |
| Polymarket Perps BABA-USD | +0.0050% | 1h | 115.88 | −0.086% | $10K | $263K | 10x | as long as short |
| Ondo Perps BABA-USD.P | +0.0050% | 1h | 115.75 | −0.198% | $249K | $336K | 10x | as long as short |
| KuCoin BABAUSDTM | +0.0100% | 8h | 115.90 | −0.069% | $601K | $645K | 20x | as long as short |
| Orderly PERP_BABA_USDC_mythos | +0.0100% | 8h | 115.96 | −0.017% | $2K | $1K | 10x | as long as short |
| Phoenix BABA | +0.0276% | 1h | 115.94 | −0.034% | $79K | $129K | 10x | as long as short |
| Arcus BABA-USD | +0.0462% | 1h | 115.97 | −0.009% | $79K | $93K | 10x | as long as short |
SunX BABA-USDT
GRVT BABA_USDT_Perp
Aster BABAUSDT
Bybit BABAUSDT
Gate BABA_USDT
Bitget BABAUSDT
Variational Omni BABA
HTX BABA-USDT
Binance BABAUSDT
Extended BABA_24_5-USD
Lighter BABA
Lighter RH BABA
Injective BABA/USDC PERP
tradeXYZ xyz:BABA
Polymarket Perps BABA-USD
KuCoin BABAUSDTM
Phoenix BABA