Funding you earn now, next payment 00:00 UTC−0.0103%/8h= −11.3% APRnext payment −$1.03 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against GRVT+0.218%7-day average +0.007% · you sell dearer than you buy
Net, funding: paid 7d − costs−$282as in the Funding arb table
Net, price: spread back to 7d avg − costs−$256as in the Price arb table
costs, in and out, $10k−$2772.774% of the position
Funding, last 7 days−0.044%−$4 on $10k
+Price spread, last 3 days (all we have)−0.107%−$11 · spread now +0.218%, 7d avg +0.007%
=Together, before fees−0.151%+ Points / potential airdropGRVT: Active · farm board−$15 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.211% dearer against GRVT than usual: you sell high and buy low (spread +0.218% now, against its 7-day average of +0.007%): +$21 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.8 days. At the pace of the last 7 days (−0.044% in total) that is about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT BE_USDT_Perp | 274.27 | 0.0103 | pay 0.0103% / 8h | 7h 56m | $6K | $182K | 10x |
| Short | SunX BE-USDT | 274.87 | 0 | get 0.0000% / 8h | 7h 56m | $1K | $2.5M | 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
- −$21.63
- Price spread: +0.218% → +0.007%
- $21.1
- Slippage, 4 orders
- −$260.35
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$277.88
- Costs to cover
- 2.774%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 11 min ago; SunX: live order book, 10 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, 11 min ago | 2.19 bp | 7.3 bp −$7 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 45.55 bp | 129.6 bp −$130 | doesn't fit | doesn't fit | doesn't fit |
BE on 21 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 BEUSDT | 0.0000% | 8h | 274.72 | +0.164% | $346K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 274.60 | +0.119% | $1.5M | $3.4M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 274.75 | +0.174% | $1.7M | $2.6M | 20x | as long as short |
| SunX BE-USDTshort | 0.0000% | 8h | 274.87 | +0.218% | $1K | $2.5M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 274.26 | −0.005% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 274.75 | +0.174% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 274.94 | +0.243% | $251K | $298K | 10x | as long as short |
| QFEX BE-USD | +0.0037% | 1h | 274.97 | +0.254% | $1.3M | $3.9M | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 274.30 | +0.010% | $115K | $117K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 275.17 | +0.327% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit BEUSDT | +0.0072% | 8h | 275.11 | +0.305% | $2.0M | $1.2M | 25x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.96 | +0.250% | $46K | $266K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 275.25 | +0.356% | $8.6M | $36.6M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 274.94 | +0.243% | $371K | $22K | 20x | as long as short |
| GRVT BE_USDT_Perplong | +0.0103% | 8h | 274.27 | long leg | $6K | $182K | 10x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.51 | +0.085% | — | — | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0128% | 1h | 273.32 | −0.347% | $467K | $116K | 10x | as long as short |
| BloFin BE-USDT | +0.0206% | 8h | 275.01 | +0.269% | $45K | $142K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0257% | 8h | 275.15 | +0.320% | $2.6M | $6.9M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0442% | 1h | 274.86 | +0.214% | $7K | $4K | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0868% | 1h | 274.67 | +0.145% | $5.9M | $2.9M | 10x | as long as short |
GRVT BE_USDT_Perp
SunX BE-USDT
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Bybit BEUSDT
Extended BE-USD
Binance BEUSDT
KuCoin BEUSDTM
Coinbase International BE-PERP-INTX
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL
tradeXYZ xyz:BE