DIS

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0974%/8h= +106.7% APRnext payment +$9.74 per $10,000 · paid last 24h 0.000%

Price spread now: GRVT against SunX+0.020%74s7-day average −0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$216as 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−$2152.150% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days−0.011%−$1 on $10k

Price spread, last 4 days (all we have)−0.075%−$7 · spread now +0.020%, 7d avg −0.046%

Together, before fees−0.086%+ Points / potential airdropGRVT: Active · farm board−$9 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and GRVT is 0.065% dearer against SunX than usual: you sell high and buy low: +$7 more if the spread goes back to its 7-day average of −0.046%. 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 -0.011% in total (about -0.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.74 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX DIS-USDT	104.56	0	get 0.0000% / 8h	6h 20m	$1K	$614K	10x
Short	GRVT DIS_USDT_Perp	104.58	0.0974	get 0.0974% / 8h	6h 20m	$945	$139K	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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee GRVTbpOrdersPrice spread, now +0.020%Rate

Funding earned: $204.54
Price spread: +0.020% → −0.046%: $6.54
Slippage, 4 orders: −$198
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$3.92
Costs to cover: 2.150%
Break-even: 7.1 days

Slippage from SunX: live order book, 24 min ago; GRVT: live order book, 29 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, 24 min ago	46.85 bp	84.8 bp −$85	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 29 min ago	3.82 bp	24.5 bp −$24	doesn't fit	doesn't fit	doesn't fit

DIS on 10 exchanges

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
KuCoin DISUSDTM	−0.0174%	8h	104.21	−0.335%	$273K	$834K	20x	as long as short
Aster DISUSDT	0.0000%	8h	104.56	+0.001%	$4K	$277	20x	as long as short
Binance DISUSDT	0.0000%	8h	104.61	+0.045%	$573K	$298K	20x	as long as short
Gate DIS_USDT	0.0000%	8h	104.60	+0.038%	$366K	$1K	20x	as long as short
Variational Omni DIS	0.0000%	8h	104.58	+0.023%	$14K	$46K	—	as long as short
SunX DIS-USDTlong	0.0000%	8h	104.56	long leg	$1K	$614K	10x
HTX DIS-USDT	0.0000%	8h	104.52	−0.038%	$6K	$3K	10x	as long as short
Phemex DISUSDT	0.0000%	8h	104.70	+0.134%	$1.3M	$23K	10x	as long as short
Injective DIS/USDC PERP	+0.0033%	1h	103.66	−0.861%	$2K	$11K	12x	as long as short
GRVT DIS_USDT_Perpshort	+0.0974%	8h	104.58	+0.020%	$945	$139K	10x