NOW

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0385%/8h= +42.2% APRnext payment +$3.85 per $10,000 · paid last 24h +0.030%

Price spread now: GRVT against SunX−0.037%7-day average −0.024% · you buy dearer than you sell

Net, funding: paid 7d − costs−$179as in the Funding arb table

Net, price: spread back to 7d avg − costs−$186as in the Price arb table

costs, in and out, $10k−$1841.844% of the position

Long on SunX Short on GRVT

What this pair did over the last

the charts below follow

Funding, last 7 days+0.052%+$5 on $10k

Price spread, last 4 days (all we have)−0.108%−$11 · spread now −0.037%, 7d avg −0.024%

Together, before fees−0.055%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of −0.024%, so right now this pair is about funding alone: +$12 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.052% in total (about 2.7% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.85 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 NOW-USDT	140.35	0	get 0.0000% / 8h	5h 30m	$1K	$259K	10x
Short	GRVT NOW_USDT_Perp	140.30	0.0385	get 0.0385% / 8h	5h 30m	$342	$119K	10x

Funding 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 it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee SunXbpFee GRVTbpOrdersPrice spread, now −0.037%Rate

Funding earned: $80.85
Price spread: −0.037% → −0.024%: −$1.36
Slippage, 4 orders: −$167.37
Fee SunX: 4 bp × 2 orders: −$8
Fee GRVT: 4.5 bp × 2 orders: −$9
Net: −$104.87
Costs to cover: 1.844%
Break-even: 16.1 days

Slippage from SunX: live order book, 3 min ago; GRVT: live order book, 13 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, 3 min ago	46.66 bp	64.8 bp −$65	doesn't fit	doesn't fit	doesn't fit
Sell GRVT live order book, 13 min ago	4.64 bp	30.5 bp −$31	doesn't fit	doesn't fit	doesn't fit

NOW on 16 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
QFEX NOW-USD	−0.0001%	1h	140.05	−0.214%	$1.1M	$1.5M	10x	as long as short
OKX NOW-USDT-SWAP	0.0000%	8h	139.82	−0.378%	$519K	$258K	20x	as long as short
Gate NOW_USDT	0.0000%	8h	140.31	−0.029%	$241K	$338K	20x	as long as short
Bitget NOWUSDT	0.0000%	8h	140.29	−0.043%	$818K	$285K	20x	as long as short
SunX NOW-USDTlong	0.0000%	8h	140.35	long leg	$1K	$259K	10x
HTX NOW-USDT	0.0000%	8h	140.49	+0.100%	$5K	$36K	20x	as long as short
Lighter NOW	+0.0032%	1h	140.23	−0.086%	$5K	$309	5x	as long as short
Injective NOW/USDC PERP	+0.0033%	1h	139.80	−0.392%	$3K	$101	12x	as long as short
Vest NOW-USD-PERP	+0.0046%	1h	140.12	−0.164%	—	—	25x	as long as short
Aster NOWUSDT	+0.0094%	8h	140.44	+0.066%	$41K	$4K	20x	as long as short

Show all 16 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin NOWUSDTM	+0.0100%	8h	140.17	−0.128%	$304K	$781K	20x	as long as short
Binance NOWUSDT	+0.0196%	8h	140.35	0.000%	$1.9M	$1.6M	20x	as long as short
BloFin NOW-USDT	+0.0203%	8h	140.34	−0.007%	$47K	$19K	20x	as long as short
Bybit NOWUSDT	+0.0337%	8h	140.43	+0.057%	$1.6M	$186K	25x	as long as short
tradeXYZ xyz:NOW	+0.0339%	1h	140.24	−0.078%	$2.1M	$243K	10x	as long as short
GRVT NOW_USDT_Perpshort	+0.0385%	8h	140.30	−0.037%	$342	$119K	10x