Funding you earn now, next payment 16:00 UTC+0.0617%/8h= +67.6% APRnext payment +$6.17 per $10,000 · paid last 24h +0.049%
Price spread now: GRVT against SunX+0.055%74s7-day average +0.062% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.214%+$21 on $10k
+Price spread, last 4 days (all we have)+0.040%+$4 · spread now +0.055%, 7d avg +0.062%
=Together, before fees+0.254%+ Points / potential airdropGRVT: Active · farm board+$25 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.062%, so right now this pair is about funding alone: +$19 a day on $10k at the current rate. 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 0.214% in total (about 11.2% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.17 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 IBM-USDT | 232.52 | 0 | get 0.0000% / 8h | 5h 29m | $1K | $384K | 10x |
| Short | GRVT IBM_USDT_Perp | 232.65 | 0.0617 | get 0.0617% / 8h | 5h 29m | $456 | $153K | 10x |
SunX IBM-USDT
GRVT IBM_USDT_PerpFunding 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
- $129.57
- Price spread: +0.055% → +0.062%
- −$0.71
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $111.86
- Costs to cover
- 0.170%
- Break-even
- 1.0 days
Slippage unknown: SunX: live order book, 4 min ago; GRVT: live order book, 15 min ago. Net counts fees only.
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, 4 min ago | 499.86 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 15 min ago | 2.36 bp | 20.3 bp −$20 | 35.7 bp −$357 | doesn't fit | doesn't fit |
IBM on 18 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster IBMUSDT | 0.0000% | 8h | 232.53 | +0.003% | $13K | $127K | 20x | as long as short |
| Extended IBM-USD | 0.0000% | 1h | 232.54 | +0.010% | $56K | $309K | 10x | as long as short |
| Binance IBMUSDT | 0.0000% | 8h | 232.62 | +0.043% | $3.8M | $4.7M | 20x | as long as short |
| Bybit IBMUSDT | 0.0000% | 8h | 232.44 | −0.034% | $998K | $309K | 50x | as long as short |
| OKX IBM-USDT-SWAP | 0.0000% | 8h | 232.64 | +0.052% | $1.4M | $1.0M | 20x | as long as short |
| Gate IBM_USDT | 0.0000% | 8h | 232.66 | +0.060% | $743K | $1.4M | 50x | as long as short |
| Bitget IBMUSDT | 0.0000% | 8h | 232.62 | +0.043% | $779K | $282K | 20x | as long as short |
| Variational Omni IBM | 0.0000% | 8h | 232.59 | +0.028% | $258K | $15K | — | as long as short |
| SunX IBM-USDTlong | 0.0000% | 8h | 232.52 | long leg | $1K | $384K | 10x | |
| HTX IBM-USDT | 0.0000% | 8h | 232.74 | +0.095% | $6K | $34K | 20x | as long as short |
Aster IBMUSDT
Extended IBM-USD
Binance IBMUSDT
Bybit IBMUSDT
OKX IBM-USDT-SWAP
Gate IBM_USDT
Bitget IBMUSDT
Variational Omni IBM
HTX IBM-USDTShow all 18 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX IBM-USD | +0.0026% | 1h | 232.60 | +0.034% | $1.2M | $2.0M | 10x | as long as short |
| BloFin IBM-USDT | +0.0028% | 8h | 232.66 | +0.060% | $47K | $63K | 20x | as long as short |
| Lighter IBM | +0.0032% | 1h | 232.53 | +0.004% | $37K | $47K | 10x | as long as short |
| Injective IBM/USDC PERP | +0.0033% | 1h | 201.05 | −13.534% | — | $57 | 12x | as long as short |
| Vest IBM-USD-PERP | +0.0046% | 1h | 232.51 | −0.004% | — | — | 25x | as long as short |
| tradeXYZ xyz:IBM | +0.0050% | 1h | 232.34 | −0.077% | $1.8M | $788K | 10x | as long as short |
| KuCoin IBMUSDTM | +0.0100% | 8h | 232.64 | +0.052% | $196K | $215K | 20x | as long as short |
| GRVT IBM_USDT_Perpshort | +0.0617% | 8h | 232.65 | +0.055% | $456 | $153K | 10x |
QFEX IBM-USD
BloFin IBM-USDT
Lighter IBM
Injective IBM/USDC PERP
Vest IBM-USD-PERP
tradeXYZ xyz:IBM
KuCoin IBMUSDTM