Funding you earn now, next payment 00:00 UTC−0.0217%/8h= −23.8% APRnext payment −$2.17 per $10,000 · paid last 24h −0.022%
Price spread now: SunX against GRVT+0.202%7-day average +0.140% · you sell dearer than you buy
Net, funding: paid 7d − costs−$86as in the Funding arb table
Net, price: spread back to 7d avg − costs−$64as in the Price arb table
costs, in and out, $10k−$700.698% of the position
Funding, last 7 days−0.158%−$16 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now +0.202%, 7d avg +0.140%
=Together, before fees−0.341%+ Points / potential airdropGRVT: Active · farm board−$34 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.062% dearer against GRVT than usual: you sell high and buy low (spread +0.202% now, against its 7-day average of +0.140%): +$6 on $10k if it goes back. Holding the pair costs −$7 a day in funding at the current rate, which eats that in about 23 hours. At the pace of the last 7 days (−0.158% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT MU_USDT_Perp | 1,043.6 | 0.0217 | pay 0.0217% / 8h | 1h 12m | $77K | $1.4M | 10x |
| Short | SunX MU-USDT | 1,045.8 | 0 | get 0.0000% / 8h | 1h 12m | $11K | $6.6M | 10x |
GRVT MU_USDT_Perp
SunX MU-USDTFunding 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
- −$45.57
- Price spread: +0.202% → +0.140%
- $6.22
- Slippage, 4 orders
- −$52.82
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$109.17
- Costs to cover
- 0.698%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 1 min ago; SunX: live order book, 6 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, 1 min ago | 1.15 bp | 5.7 bp −$6 | 7.9 bp −$79 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 21.59 bp | 32.5 bp −$32 | doesn't fit | doesn't fit | doesn't fit |
MU on 37 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX MUUSDC | −0.0377% | 4h | 1,043.4 | −0.023% | $1.3M | $674K | 10x | as long as short |
| Gate MU_USDT | 0.0000% | 8h | 1,043.3 | −0.029% | $62.9M | $29.1M | 75x | as long as short |
| StandX MU-USD | 0.0000% | 1h | 1,042.8 | −0.079% | $189K | $3.3M | 20x | as long as short |
| SunX MU-USDTshort | 0.0000% | 8h | 1,045.8 | +0.202% | $11K | $6.6M | 10x | |
| HTX MU-USDT | 0.0000% | 8h | 1,043.4 | −0.020% | $125K | $442K | 50x | as long as short |
| Lighter RH MU | +0.0032% | 1h | 1,043.3 | −0.037% | $1.2M | $4.2M | 10x | as long as short |
| Injective MU/USDC PERP | +0.0033% | 1h | 1,050.7 | +0.677% | $14K | $302 | 12x | as long as short |
| Aftermath Perps MUUSD | +0.0035% | 1h | 1,043.5 | −0.014% | $3K | $45K | 10x | as long as short |
| OKX MU-USDT-SWAP | +0.0043% | 8h | 1,043.4 | −0.019% | $30.8M | $104.8M | 50x | as long as short |
| Vest MU-USD-PERP | +0.0046% | 1h | 1,043.3 | −0.035% | — | $194K | 25x | as long as short |
edgeX MUUSDC
Gate MU_USDT
StandX MU-USD
HTX MU-USDT
Lighter RH MU
Injective MU/USDC PERP
Aftermath Perps MUUSD
OKX MU-USDT-SWAP
Vest MU-USD-PERPShow all 37 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Polymarket Perps MU-USD | +0.0050% | 1h | 1,043.4 | −0.023% | $165K | $197K | 10x | as long as short |
| SoDEX MU-USD | +0.0050% | 1h | 1,043.5 | −0.011% | $685K | $16K | 10x | as long as short |
| Ondo Perps MU-USD.P | +0.0050% | 1h | 1,042.5 | −0.114% | $2.0M | $2.7M | 10x | as long as short |
| QFEX MU-USD | +0.0071% | 1h | 1,043.6 | −0.004% | $7.8M | $24.1M | 10x | as long as short |
| Aster MUUSD1 | +0.0097% | 8h | 1,044 | +0.036% | $21.5M | $47.4M | 20x | as long as short |
| Pacifica MU | +0.0100% | 1h | 1,043.6 | −0.006% | $154K | $181K | 10x | as long as short |
| KuCoin MUUSDTM | +0.0100% | 8h | 1,043.2 | −0.040% | $5.2M | $4.0M | 20x | as long as short |
| ApeX Omni MUUSDT | +0.0100% | 1h | 1,043.7 | +0.003% | $71K | $267K | 50x | as long as short |
| Orderly PERP_MU_USDC_mythos | +0.0100% | 8h | 1,043.5 | −0.013% | $830 | $799 | 20x | as long as short |
| Bitget MUUSDT | +0.0108% | 8h | 1,043.4 | −0.023% | $20.4M | $43.0M | 50x | as long as short |
| Aevo MU-PERP | +0.0120% | 1h | 1,043.5 | −0.012% | $33K | — | 10x | as long as short |
| Paradex MU-USD-PERP | +0.0138% | 8h | 1,043.4 | −0.025% | $2K | — | 5x | as long as short |
| Variational Omni MU | +0.0144% | 8h | 1,043.4 | −0.022% | $2.6M | $2.6M | — | as long as short |
| Binance MUUSDT | +0.0165% | 8h | 1,043.6 | −0.002% | $124.7M | $535.4M | 50x | as long as short |
| Coinbase International MU-PERP-INTX | +0.0184% | 1h | 1,043.2 | −0.039% | $755K | $1.4M | 10x | as long as short |
| Lighter MU | +0.0208% | 1h | 1,043.4 | −0.026% | $1.0M | $4.8M | 20x | as long as short |
| GRVT MU_USDT_Perplong | +0.0217% | 8h | 1,043.6 | long leg | $77K | $1.4M | 10x | |
| Nado MU-PERP | +0.0225% | 1h | 1,042.7 | −0.092% | $273K | $872K | 10x | as long as short |
| Bybit MUUSDT | +0.0251% | 8h | 1,043.8 | +0.018% | $19.2M | $32.6M | 100x | as long as short |
| Bullet MU-USD | +0.0280% | 1h | 1,043.8 | +0.014% | $25K | $395K | 10x | as long as short |
| BloFin MU-USDT | +0.0283% | 8h | 1,043.9 | +0.023% | $1.4M | $2.0M | 20x | as long as short |
| tradeXYZ xyz:MU | +0.0325% | 1h | 1,043.3 | −0.033% | $176.2M | $106.7M | 10x | as long as short |
| Phoenix MU | +0.0383% | 1h | 1,043.8 | +0.015% | $534K | $306K | 15x | as long as short |
| Arcus MU-USD | +0.0435% | 1h | 1,043 | −0.065% | $73K | $241K | 10x | as long as short |
| RISEx MU/USDC | +0.0499% | 1h | 1,043.9 | +0.020% | $295K | $339K | 20x | as long as short |
| Deribit MU_USDC-PERPETUAL | +0.0565% | 1h | 1,043.4 | −0.025% | $61K | $248K | 10x | as long as short |
| Extended MU_24_5-USD | +0.0688% | 1h | 1,042.5 | −0.114% | $547K | $1.1M | 10x | as long as short |
Polymarket Perps MU-USD
SoDEX MU-USD
Ondo Perps MU-USD.P
QFEX MU-USD
Aster MUUSD1
Pacifica MU
KuCoin MUUSDTM
ApeX Omni MUUSDT
Orderly PERP_MU_USDC_mythos
Bitget MUUSDT
Aevo MU-PERP
Paradex MU-USD-PERP
Variational Omni MU
Binance MUUSDT
Coinbase International MU-PERP-INTX
Lighter MU
Nado MU-PERP
Bybit MUUSDT
Bullet MU-USD
BloFin MU-USDT
tradeXYZ xyz:MU
Phoenix MU
Arcus MU-USD
RISEx MU/USDC
Deribit MU_USDC-PERPETUAL
Extended MU_24_5-USD