Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.005%
Price spread now: SunX against GRVT−0.057%46s7-day average −0.025% · you buy dearer than you sell
Net, funding: paid 7d − costs−$404as 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−$4044.040% of the position
Funding, last 7 days−0.004%$0 on $10k
+Price spread, last 4 days (all we have)+0.114%+$11 · spread now −0.057%, 7d avg −0.025%
=Together, before fees+0.110%+ Points / potential airdropGRVT: Active · farm board+$11 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: SunX is 0.032% cheaper against GRVT than usual: you would sell low and buy high, −$3 on $10k if it goes back to its 7-day average of −0.025%. The two prices were read 46 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 PAYP_USDT_Perp | 17.630 | 0 | get 0.0000% / 8h | 7h 25m | $130K | $508K | 10x |
| Short | SunX PAYP-USDT | 17.620 | 0 | get 0.0000% / 8h | 7h 25m | $1K | $1.7M | 10x |
GRVT PAYP_USDT_Perp
SunX PAYP-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
- $0
- Price spread: −0.057% → −0.025%
- −$3.22
- Slippage, 4 orders
- −$387
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$407.22
- Costs to cover
- 4.040%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 7 min ago; SunX: live order book, 10 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, 7 min ago | 5.67 bp | 71.7 bp −$72 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 48.15 bp | 149.7 bp −$150 | doesn't fit | doesn't fit | doesn't fit |
PAYP on 8 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 PAYPUSDT | 0.0000% | 8h | 17.650 | +0.116% | $7K | $792 | 20x | as long as short |
| Binance PAYPUSDT | 0.0000% | 8h | 17.630 | 0.000% | $256K | $374K | 20x | as long as short |
| Gate PAYP_USDT | 0.0000% | 8h | 17.620 | −0.057% | $82K | $6K | 25x | as long as short |
| Variational Omni PAYP | 0.0000% | 8h | 17.622 | −0.047% | $70K | $32K | — | as long as short |
| GRVT PAYP_USDT_Perplong | 0.0000% | 8h | 17.630 | long leg | $130K | $508K | 10x | |
| SunX PAYP-USDTshort | 0.0000% | 8h | 17.620 | −0.057% | $1K | $1.7M | 10x | |
| HTX PAYP-USDT | 0.0000% | 8h | 17.600 | −0.170% | $8K | $3K | 10x | as long as short |
| KuCoin PAYPUSDTM | +0.0100% | 8h | 17.640 | +0.057% | $53K | $124K | 20x | as long as short |
Aster PAYPUSDT
Binance PAYPUSDT
Gate PAYP_USDT
Variational Omni PAYP
HTX PAYP-USDT
KuCoin PAYPUSDTM