Funding you earn now, next payment 08:00 UTC−0.0062%/8h= −6.8% APRnext payment −$0.62 per $10,000 · paid last 24h −0.023%
Price spread now: SunX against GRVT−0.118%74s7-day average +0.001% · you buy dearer than you sell
Net, funding: paid 7d − costs−$166as 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−$1531.527% of the position
Funding, last 7 days−0.135%−$13 on $10k
+Price spread, last 3 days (all we have)+0.065%+$6 · spread now −0.118%, 7d avg +0.001%
=Together, before fees−0.070%+ Points / potential airdropGRVT: Active · farm board−$7 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$2 a day on $10k at the current rate, and SunX is 0.119% cheaper against GRVT than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of +0.001%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT NBIS_USDT_Perp | 233.77 | 0.0062 | pay 0.0062% / 8h | 6h 42m | $5K | $130K | 10x |
| Short | SunX NBIS-USDT | 233.49 | 0 | get 0.0000% / 8h | 6h 42m | $1K | $1.7M | 10x |
GRVT NBIS_USDT_Perp
SunX NBIS-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
- −$13.02
- Price spread: −0.118% → +0.001%
- −$11.88
- Slippage, 4 orders
- −$135.7
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$177.6
- Costs to cover
- 1.527%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 21 min ago; SunX: live order book, 3 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, 21 min ago | 2.55 bp | 9.2 bp −$9 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 3 min ago | 45.77 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
NBIS on 31 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit NBISUSDT | 0.0000% | 8h | 233.50 | −0.113% | $5.1M | $6.3M | 50x | as long as short |
| OKX NBIS-USDT-SWAP | 0.0000% | 8h | 233.41 | −0.152% | $3.4M | $16.5M | 25x | as long as short |
| Gate NBIS_USDT | 0.0000% | 8h | 233.55 | −0.092% | $2.8M | $5.0M | 50x | as long as short |
| Bitget NBISUSDT | 0.0000% | 8h | 233.45 | −0.135% | $2.4M | $4.6M | 20x | as long as short |
| SunX NBIS-USDTshort | 0.0000% | 8h | 233.49 | −0.118% | $1K | $1.7M | 10x | |
| Deribit NBIS_USDC-PERPETUAL | 0.0000% | 1h | 233.34 | −0.182% | $35K | $48K | 10x | as long as short |
| HTX NBIS-USDT | 0.0000% | 8h | 233.78 | +0.006% | $15K | $60K | 20x | as long as short |
| Phemex NBISUSDT | 0.0000% | 8h | 233.47 | −0.126% | $1.6M | $972K | 10x | as long as short |
| QFEX NBIS-USD | +0.0024% | 1h | 233.52 | −0.105% | $1.5M | $4.7M | 10x | as long as short |
| Arcus NBIS-USD | +0.0040% | 1h | 233.67 | −0.041% | $42K | $135K | 5x | as long as short |
Bybit NBISUSDT
OKX NBIS-USDT-SWAP
Gate NBIS_USDT
Bitget NBISUSDT
Deribit NBIS_USDC-PERPETUAL
HTX NBIS-USDT
Phemex NBISUSDT
QFEX NBIS-USD
Arcus NBIS-USDShow all 31 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Vest NBIS-USD-PERP | +0.0046% | 1h | 233.65 | −0.049% | — | $226K | 5x | as long as short |
| Polymarket Perps NBIS-USD | +0.0050% | 1h | 233.42 | −0.148% | $148K | $468K | 10x | as long as short |
| SoDEX NBIS-USD | +0.0050% | 1h | 233.44 | −0.139% | $93 | $20K | 10x | as long as short |
| Ondo Perps NBIS-USD.P | +0.0050% | 1h | 233.66 | −0.045% | $163K | $502K | 10x | as long as short |
| GRVT NBIS_USDT_Perplong | +0.0062% | 8h | 233.77 | long leg | $5K | $130K | 10x | |
| Kraken Futures PF_NBISUSD | +0.0096% | 1h | 233.41 | −0.154% | $24K | $15K | 20x | as long as short |
| KuCoin NBISUSDTM | +0.0100% | 8h | 233.41 | −0.152% | $481K | $22K | 20x | as long as short |
| Orderly PERP_NBIS_USDC_mythos | +0.0100% | 8h | 233.46 | −0.131% | $2K | $3K | 10x | as long as short |
| Aevo NBIS-PERP | +0.0104% | 1h | 233.42 | −0.146% | — | — | 10x | as long as short |
| Coinbase International NBIS-PERP-INTX | +0.0112% | 1h | 236.05 | +0.977% | $386K | $722K | 10x | as long as short |
| tradeXYZ xyz:NBIS | +0.0133% | 1h | 233.38 | −0.165% | $54.7M | $22.8M | 10x | as long as short |
| Nado NBIS-PERP | +0.0177% | 1h | 233.46 | −0.131% | $73K | $92K | 3x | as long as short |
| Aster NBISUSDT | +0.0225% | 8h | 233.65 | −0.051% | $81K | $314K | 50x | as long as short |
| Variational Omni NBIS | +0.0232% | 8h | 233.84 | +0.032% | $2.9M | $560K | — | as long as short |
| BloFin NBIS-USDT | +0.0234% | 8h | 234.04 | +0.118% | $207K | $209K | 20x | as long as short |
| Binance NBISUSDT | +0.0245% | 8h | 233.44 | −0.139% | $19.2M | $85.4M | 25x | as long as short |
| Extended NBIS-USD | +0.0248% | 1h | 233.38 | −0.166% | $150K | $705K | 10x | as long as short |
| Lighter NBIS | +0.0296% | 1h | 233.50 | −0.113% | $902K | $4.4M | 10x | as long as short |
| Phoenix NBIS | +0.0306% | 1h | 234.04 | +0.118% | $7K | $152K | 10x | as long as short |
| Entropy io:NBIS | +0.0370% | 1h | 233.76 | −0.002% | $10.2M | $3.4M | 10x | as long as short |
| edgeX NBISUSDC | +0.0990% | 4h | 233.83 | +0.026% | $38K | $227K | 10x | as long as short |
Vest NBIS-USD-PERP
Polymarket Perps NBIS-USD
SoDEX NBIS-USD
Ondo Perps NBIS-USD.P
Kraken Futures PF_NBISUSD
KuCoin NBISUSDTM
Orderly PERP_NBIS_USDC_mythos
Aevo NBIS-PERP
Coinbase International NBIS-PERP-INTX
tradeXYZ xyz:NBIS
Nado NBIS-PERP
Aster NBISUSDT
Variational Omni NBIS
BloFin NBIS-USDT
Binance NBISUSDT
Extended NBIS-USD
Lighter NBIS
Phoenix NBIS
Entropy io:NBIS
edgeX NBISUSDC