Funding you earn now, next payment 00:00 UTC+0.0025%/8h= +2.7% APRnext payment +$0.25 per $10,000 · paid last 24h 0.000%
Price spread now: GRVT against SunX−0.025%7-day average +0.013% · you buy dearer than you sell
Net, funding: paid 7d − costs−$236as in the Funding arb table
Net, price: spread back to 7d avg − costs−$245as in the Price arb table
costs, in and out, $10k−$2412.415% of the position
Funding, last 7 days+0.054%+$5 on $10k
+Price spread, last 3 days (all we have)+0.043%+$4 · spread now −0.025%, 7d avg +0.013%
=Together, before fees+0.097%+ Points / potential airdropGRVT: Active · farm board+$10 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.038% cheaper against SunX than usual: you would sell low and buy high (spread −0.025% now, against its 7-day average of +0.013%). If the spread goes back, that is −$4 on $10k: about 5.1 days of funding at the current rate (+$1 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX NVO-USDT | 39.950 | 0 | get 0.0000% / 8h | 1h 20m | $839 | $1.1M | 10x |
| Short | GRVT NVO_USDT_Perp | 39.940 | 0.0025 | get 0.0025% / 8h | 1h 20m | $613 | $234K | 10x |
SunX NVO-USDT
GRVT NVO_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
- $5.25
- Price spread: −0.025% → +0.013%
- −$3.8
- Slippage, 4 orders
- −$224.47
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$240.01
- Costs to cover
- 2.415%
- Break-even
- 327.0 days
Slippage from SunX: live order book, 2 min ago; GRVT: live order book, 62 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, 2 min ago | 46.30 bp | 66.3 bp −$66 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 62 min ago | 5.00 bp | 61.9 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
NVO on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster NVOUSDT | 0.0000% | 8h | 39.978 | +0.070% | $2K | $6K | 20x | as long as short |
| Binance NVOUSDT | 0.0000% | 8h | 39.950 | 0.000% | $2.0M | $3.9M | 20x | as long as short |
| Bybit NVOUSDT | 0.0000% | 8h | 39.960 | +0.025% | $695K | $428K | 25x | as long as short |
| QFEX NVO-USD | 0.0000% | 1h | 39.920 | −0.075% | $1.1M | $1.7M | 10x | as long as short |
| Gate NVO_USDT | 0.0000% | 8h | 39.940 | −0.025% | $620K | $887K | 20x | as long as short |
| Variational Omni NVO | 0.0000% | 8h | 39.945 | −0.012% | $65K | $36K | — | as long as short |
| SunX NVO-USDTlong | 0.0000% | 8h | 39.950 | long leg | $839 | $1.1M | 10x | |
| HTX NVO-USDT | 0.0000% | 8h | 39.990 | +0.100% | $9K | $16K | 10x | as long as short |
| GRVT NVO_USDT_Perpshort | +0.0025% | 8h | 39.940 | −0.025% | $613 | $234K | 10x | |
| Injective NVO/USDC PERP | +0.0033% | 1h | 42.250 | +5.757% | $2K | $4 | 12x | as long as short |
Aster NVOUSDT
Binance NVOUSDT
Bybit NVOUSDT
QFEX NVO-USD
Gate NVO_USDT
Variational Omni NVO
HTX NVO-USDT
Injective NVO/USDC PERPShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin NVOUSDTM | +0.0100% | 8h | 39.940 | −0.025% | $113K | $221K | 10x | as long as short |
KuCoin NVOUSDTM