Funding you earn now, next payment 08:00 UTC−0.0400%/8h= −43.8% APRnext payment −$4.00 per $10,000 · paid last 24h −0.001%
Price spread now: SunX against GRVT−0.013%7-day average +0.022% · you buy dearer than you sell
Net, funding: paid 7d − costs−$191as in the Funding arb table
Net, price: spread back to 7d avg − costs−$192as in the Price arb table
costs, in and out, $10k−$1891.888% of the position
Funding, last 7 days−0.024%−$2 on $10k
+Price spread, last 4 days (all we have)+0.217%+$22 · spread now −0.013%, 7d avg +0.022%
=Together, before fees+0.192%+ Points / potential airdropGRVT: Active · farm board+$19 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$12 a day on $10k at the current rate, and SunX is 0.035% cheaper against GRVT than usual: you would sell low and buy high (−$4 if the spread goes back to its 7-day average of +0.022%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.024% in total (about -1.3% a year). A funding rate is set anew for every payment; at this rate the next one is about −$4.00 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 | GRVT NOW_USDT_Perp | 137.99 | 0.0400 | pay 0.0400% / 8h | 4h 23m | $533 | $149K | 10x |
| Short | SunX NOW-USDT | 137.97 | 0 | get 0.0000% / 8h | 4h 23m | $666 | $383K | 10x |
GRVT NOW_USDT_Perp
SunX NOW-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
- −$84
- Price spread: −0.013% → +0.022%
- −$3.52
- Slippage, 4 orders
- −$171.81
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$276.34
- Costs to cover
- 1.888%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 29 min ago; SunX: live order book, 68 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, 29 min ago | 3.26 bp | 37.3 bp −$37 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 68 min ago | 47.12 bp | 65.9 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
NOW on 16 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 | |
|---|---|---|---|---|---|---|---|---|
| QFEX NOW-USD | 0.0000% | 1h | 137.75 | −0.173% | $1.1M | $1.6M | 10x | as long as short |
| Aster NOWUSDT | 0.0000% | 8h | 138.08 | +0.064% | $41K | $995 | 20x | as long as short |
| OKX NOW-USDT-SWAP | 0.0000% | 8h | 137.87 | −0.086% | $491K | $227K | 20x | as long as short |
| Gate NOW_USDT | 0.0000% | 8h | 137.94 | −0.035% | $248K | $352K | 20x | as long as short |
| Bitget NOWUSDT | 0.0000% | 8h | 137.89 | −0.071% | $781K | $234K | 20x | as long as short |
| SunX NOW-USDTshort | 0.0000% | 8h | 137.97 | −0.013% | $666 | $383K | 10x | |
| HTX NOW-USDT | 0.0000% | 8h | 137.90 | −0.064% | $5K | $32K | 20x | as long as short |
| Lighter NOW | +0.0032% | 1h | 137.87 | −0.086% | $5K | $178 | 5x | as long as short |
| Injective NOW/USDC PERP | +0.0033% | 1h | 139.80 | +1.313% | $3K | $101 | 12x | as long as short |
| Vest NOW-USD-PERP | +0.0046% | 1h | 137.81 | −0.129% | — | — | 25x | as long as short |
QFEX NOW-USD
Aster NOWUSDT
OKX NOW-USDT-SWAP
Gate NOW_USDT
Bitget NOWUSDT
HTX NOW-USDT
Lighter NOW
Injective NOW/USDC PERP
Vest NOW-USD-PERPShow all 16 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NOWUSDTM | +0.0100% | 8h | 137.81 | −0.129% | $317K | $620K | 20x | as long as short |
| Binance NOWUSDT | +0.0170% | 8h | 137.99 | +0.001% | $1.8M | $1.4M | 20x | as long as short |
| BloFin NOW-USDT | +0.0189% | 8h | 137.97 | −0.013% | $46K | $17K | 20x | as long as short |
| Bybit NOWUSDT | +0.0240% | 8h | 138.01 | +0.016% | $1.6M | $4.0M | 25x | as long as short |
| tradeXYZ xyz:NOW | +0.0292% | 1h | 137.89 | −0.071% | $2.1M | $226K | 10x | as long as short |
| GRVT NOW_USDT_Perplong | +0.0400% | 8h | 137.99 | long leg | $533 | $149K | 10x |
KuCoin NOWUSDTM
Binance NOWUSDT
BloFin NOW-USDT
Bybit NOWUSDT
tradeXYZ xyz:NOW