Funding you earn now, next payment 12:00 UTC+0.2921%/8h= +319.8% APRnext payment +$14.60 per $10,000 · paid last 24h +0.209%
Price spread now: GRVT against SunX−0.163%7-day average −0.107% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2122.123% of the position
Funding, last 7 days+0.254%+$25 on $10k
+Price spread, last 4 days (all we have)−0.516%−$52 · spread now −0.163%, 7d avg −0.107%
=Together, before fees−0.261%+ Points / potential airdropGRVT: Active · farm board−$26 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.056% cheaper against SunX than usual: you would sell low and buy high (spread −0.163% now, against its 7-day average of −0.107%). If the spread goes back, that is −$6 on $10k: about 2 hours of funding at the current rate (+$88 a day). At the pace of the last 7 days (+0.254% in total) that is about 37 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.254% in total (about 13.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$14.60 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MINIMAX-USDT | 36.820 | 0.0437 | pay 0.0219% / 4h | 2h 58m | $15 | $1.2M | 10x |
| Short | GRVT MINIMAX_USDT_Perp | 36.760 | 0.3358 | get 0.1679% / 4h | 2h 58m | $309 | $117K | 10x |
SunX MINIMAX-USDT
GRVT MINIMAX_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
- $613.38
- Price spread: −0.163% → −0.107%
- −$5.56
- Slippage, 4 orders
- −$195.3
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $395.53
- Costs to cover
- 2.123%
- Break-even
- 2.5 days
Slippage from SunX: live order book, 4 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, 4 min ago | 32.58 bp | 56.3 bp −$56 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 29 min ago | 5.52 bp | 27.4 bp −$27 | 75.1 bp −$751 | doesn't fit | doesn't fit |
MINIMAX on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| HTX MINIMAX-USDT | 0.0000% | 4h | 36.826 | +0.016% | $45K | $255K | 20x | as long as short |
| SoDEX MINIMAX-USD | +0.0050% | 1h | 36.795 | −0.068% | $92K | $3K | 10x | as long as short |
| Aevo MINIMAX-PERP | +0.0104% | 1h | 36.815 | −0.014% | — | — | 10x | as long as short |
| SunX MINIMAX-USDTlong | +0.0437% | 4h | 36.820 | long leg | $15 | $1.2M | 10x | |
| Aster MINIMAXUSDT | +0.0623% | 8h | 36.544 | −0.750% | $33K | $5K | 20x | as long as short |
| KuCoin MINIMAXUSDTM | +0.0712% | 4h | 36.710 | −0.299% | $110K | $136K | 20x | as long as short |
| Gate MINIMAX_USDT | +0.0814% | 8h | 36.840 | +0.054% | $1.3M | $2.9M | 50x | as long as short |
| Bitget MINIMAXUSDT | +0.0978% | 8h | 36.802 | −0.049% | $1.2M | $2.7M | 20x | as long as short |
| edgeX MINIMAXUSDC | +0.1369% | 4h | 36.771 | −0.132% | $28K | $183K | 10x | as long as short |
| OKX MINIMAX-USDT-SWAP | +0.1446% | 8h | 36.830 | +0.027% | $2.8M | $8.0M | 20x | as long as short |
HTX MINIMAX-USDT
SoDEX MINIMAX-USD
Aevo MINIMAX-PERP
Aster MINIMAXUSDT
KuCoin MINIMAXUSDTM
Gate MINIMAX_USDT
Bitget MINIMAXUSDT
edgeX MINIMAXUSDC
OKX MINIMAX-USDT-SWAPShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Extended MINIMAX-USD | +0.1544% | 1h | 36.770 | −0.136% | $3K | $920 | 10x | as long as short |
| Binance MINIMAXUSDT | +0.1568% | 4h | 36.796 | −0.065% | $6.3M | $29.7M | 25x | as long as short |
| Lighter MINIMAX | +0.2016% | 1h | 36.782 | −0.103% | $41K | $23K | 10x | as long as short |
| Bybit MINIMAXUSDT | +0.2907% | 8h | 36.780 | −0.109% | $941K | $898K | 25x | as long as short |
| GRVT MINIMAX_USDT_Perpshort | +0.3358% | 4h | 36.760 | −0.163% | $309 | $117K | 10x | |
| tradeXYZ xyz:MINIMAX | +0.3630% | 1h | 36.757 | −0.171% | $4.9M | $3.3M | 10x | as long as short |
| Ondo Perps MINIMAX-USD.P | +0.5022% | 1h | 36.800 | −0.054% | $22K | $57K | 5x | as long as short |
Extended MINIMAX-USD
Binance MINIMAXUSDT
Lighter MINIMAX
Bybit MINIMAXUSDT
tradeXYZ xyz:MINIMAX
Ondo Perps MINIMAX-USD.P