Funding you earn now, next payment 08:00 UTC+0.0050%/8h= +5.5% APRnext payment +$0.50 per $10,000 · paid last 24h +0.005%
Price spread now: GRVT against SunX−0.030%7-day average +0.038% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.095%+$10 on $10k
+Price spread, last 3 days (all we have)+0.018%+$2 · spread now −0.030%, 7d avg +0.038%
=Together, before fees+0.113%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.068% cheaper against SunX than usual: you would sell low and buy high (spread −0.030% now, against its 7-day average of +0.038%). If the spread goes back, that is −$7 on $10k: about 4.5 days of funding at the current rate (+$2 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX OPENAI-USDT | 1,629.4 | 0 | get 0.0000% / 8h | 7h 06m | — | $2.5M | 10x |
| Short | GRVT OPENAI_USDT_Perp | 1,628.9 | 0.0050 | get 0.0050% / 8h | 7h 06m | $2K | $138K | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $10.5
- Price spread: −0.030% → +0.038%
- −$6.76
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$13.26
- Costs to cover
- 0.170%
- Break-even
- 15.8 days
Slippage unknown: SunX: live order book, 10 min ago; GRVT: live order book, 61 min ago. Net counts fees only.
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, 10 min ago | 500.09 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 61 min ago | 1.87 bp | 11.3 bp −$11 | doesn't fit | doesn't fit | doesn't fit |
OPENAI on 22 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 | |
|---|---|---|---|---|---|---|---|---|
| Coinbase International OPENAI-PERP-INTX | −0.0024% | 1h | 1,628.8 | −0.037% | $225K | $150K | 5x | as long as short |
| QFEX OPENAI-USD | 0.0000% | 1h | 1,628.7 | −0.045% | $1.2M | $415K | 10x | as long as short |
| Lighter OPENAI | 0.0000% | 1h | 1,714.1 | +5.196% | $1.4M | $288K | 5x | as long as short |
| Bybit OPENAIUSDT | 0.0000% | 8h | 1,669.8 | +2.479% | $768K | $207K | 25x | as long as short |
| OKX OPENAI-USDT-SWAP | 0.0000% | 8h | 1,659.1 | +1.823% | $5.1M | $1.3M | 20x | as long as short |
| Gate OPENAI_USDT | 0.0000% | 8h | 1,626.3 | −0.191% | $52.6M | $39.2M | 50x | as long as short |
| Bitget OPENAIUSDT | 0.0000% | 8h | 1,629.9 | +0.030% | $5.5M | $5.1M | 20x | as long as short |
| SunX OPENAI-USDTlong | 0.0000% | 8h | 1,629.4 | long leg | — | $2.5M | 10x | |
| Deribit OPENAI_USDC-PERPETUAL | 0.0000% | 1h | 1,629.7 | +0.019% | — | $3 | 5x | as long as short |
| HTX OPENAI-USDT | 0.0000% | 8h | 1,629.5 | +0.004% | $79K | $214K | 20x | as long as short |
Show all 22 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Phemex OPENAIUSDT | 0.0000% | 8h | 1,628.4 | −0.060% | $1.6M | $564K | 10x | as long as short |
| Lighter RH OPENAI | +0.0032% | 1h | 1,681.8 | +3.213% | $2.7M | $6.3M | 5x | as long as short |
| Extended OPENAI-USD | +0.0048% | 1h | 1,628.3 | −0.070% | $132K | $716K | 10x | as long as short |
| Aster OPENAIUSDT | +0.0050% | 8h | 1,635.8 | +0.391% | $213K | $3K | 20x | as long as short |
| Binance OPENAIUSDT | +0.0050% | 8h | 1,628.7 | −0.045% | $23.1M | $18.9M | 20x | as long as short |
| MEXC OPENAI_USDT | +0.0050% | 8h | 1,629.2 | −0.011% | $13.1M | $3.2M | 50x | as long as short |
| KuCoin OPENAIUSDTM | +0.0050% | 8h | 1,630.6 | +0.074% | $377K | $67K | 20x | as long as short |
| Variational Omni OPENAI | +0.0050% | 8h | 1,628.5 | −0.058% | $2.6M | $757K | — | as long as short |
| GRVT OPENAI_USDT_Perpshort | +0.0050% | 8h | 1,628.9 | −0.030% | $2K | $138K | 10x | |
| BloFin OPENAI-USDT | +0.0075% | 8h | 1,628.9 | −0.032% | $475K | $280K | 20x | as long as short |
| Aevo OPENAI-PERP | +0.0104% | 1h | 1,628.4 | −0.060% | — | — | 10x | as long as short |
| Entropy io:OAI | +0.0107% | 1h | 1,673.5 | +2.707% | $7.4M | $2.2M | 6x | as long as short |
SunX OPENAI-USDT
GRVT OPENAI_USDT_Perp
Coinbase International OPENAI-PERP-INTX
Lighter OPENAI
Bybit OPENAIUSDT
OKX OPENAI-USDT-SWAP
Gate OPENAI_USDT
Bitget OPENAIUSDT
Deribit OPENAI_USDC-PERPETUAL
HTX OPENAI-USDT
Phemex OPENAIUSDT
Lighter RH OPENAI
Extended OPENAI-USD
Aster OPENAIUSDT
Binance OPENAIUSDT
MEXC OPENAI_USDT
KuCoin OPENAIUSDTM
Variational Omni OPENAI
BloFin OPENAI-USDT