Funding you earn now, next payment 08:00 UTC+0.0076%/8h= +8.3% APRnext payment +$0.76 per $10,000 · paid last 24h +0.068%
Price spread now: GRVT against SunX−0.058%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$46as in the Funding arb table
Net, price: spread back to 7d avg − costs−$79as in the Price arb table
costs, in and out, $10k−$740.737% of the position
Funding, last 7 days+0.280%+$28 on $10k
+Price spread, last 4 days (all we have)+0.008%+$1 · spread now −0.058%, 7d avg −0.004%
=Together, before fees+0.288%+ Points / potential airdropGRVT: Active · farm board+$29 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.054% cheaper against SunX than usual: you would sell low and buy high (spread −0.058% now, against its 7-day average of −0.004%). If the spread goes back, that is −$5 on $10k: about 2.4 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 QQQ-USDT | 743.28 | 0 | get 0.0000% / 8h | 2h 51m | $2K | $1.9M | 10x |
| Short | GRVT QQQ_USDT_Perp | 742.85 | 0.0076 | get 0.0076% / 8h | 2h 51m | $319K | $1.9M | 10x |
SunX QQQ-USDT
GRVT QQQ_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
- $15.96
- Price spread: −0.058% → −0.004%
- −$5.41
- Slippage, 4 orders
- −$56.66
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$63.11
- Costs to cover
- 0.737%
- Break-even
- 34.7 days
Slippage from SunX: live order book, 5 min ago; GRVT: live order book, 2 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, 5 min ago | 21.60 bp | 25.6 bp −$26 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 2 min ago | 0.54 bp | 5.0 bp −$5 | 5.9 bp −$59 | doesn't fit | doesn't fit |
QQQ on 28 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 | |
|---|---|---|---|---|---|---|---|---|
| GMX QQQ/USD [ETH-USDC] | L −0.0143% / S +0.0239% | 1h | 742.75 | −0.072% | $25K | — | 26x | as long as short |
| BloFin QQQ-USDT | −0.0023% | 8h | 742.49 | −0.106% | $1.1M | $246K | 20x | as long as short |
| Ondo Perps QQQ-USD.P | −0.0018% | 1h | 741.83 | −0.195% | $4.2M | $1.8M | 20x | as long as short |
| Aster QQQUSDT | 0.0000% | 8h | 742.73 | −0.074% | $824K | $857K | 20x | as long as short |
| Binance QQQUSDT | 0.0000% | 8h | 742.74 | −0.073% | $69.9M | $143.5M | 25x | as long as short |
| Bybit QQQUSDT | 0.0000% | 8h | 742.83 | −0.061% | $10.7M | $5.1M | 50x | as long as short |
| OKX QQQ-USDT-SWAP | 0.0000% | 8h | 742.48 | −0.108% | $21.6M | $27.8M | 50x | as long as short |
| RISEx QQQ/USDC | 0.0000% | 1h | 742.73 | −0.074% | $5.4M | $7.1M | 25x | as long as short |
| Gate QQQ_USDT | 0.0000% | 8h | 742.05 | −0.165% | $3.3M | $21.2M | 50x | as long as short |
| Bitget QQQUSDT | 0.0000% | 8h | 742.97 | −0.042% | $16.6M | $5.7M | 20x | as long as short |
GMX QQQ/USD [ETH-USDC]
BloFin QQQ-USDT
Ondo Perps QQQ-USD.P
Aster QQQUSDT
Binance QQQUSDT
Bybit QQQUSDT
OKX QQQ-USDT-SWAP
RISEx QQQ/USDC
Gate QQQ_USDT
Bitget QQQUSDTShow all 28 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Variational Omni QQQ | 0.0000% | 8h | 742.77 | −0.069% | $17.1M | $7.2M | — | as long as short |
| SunX QQQ-USDTlong | 0.0000% | 8h | 743.28 | long leg | $2K | $1.9M | 10x | |
| Coinbase International QQQ-PERP-INTX | 0.0000% | 1h | 742.34 | −0.126% | $1.2M | $537K | 20x | as long as short |
| HTX QQQ-USDT | 0.0000% | 8h | 743.01 | −0.036% | $254K | $35K | 30x | as long as short |
| Phemex QQQUSDT | 0.0000% | 8h | 743.08 | −0.027% | $361K | $1.6M | 10x | as long as short |
| Lighter QQQ | +0.0032% | 1h | 742.59 | −0.093% | $7.7M | $15.5M | 30x | as long as short |
| Lighter RH QQQ | +0.0032% | 1h | 742.97 | −0.042% | $36.9M | $77.9M | 50x | as long as short |
| Arcus QQQ-USD | +0.0040% | 1h | 741.78 | −0.202% | $703K | $1.6M | 25x | as long as short |
| Vest QQQ-USD-PERP | +0.0046% | 1h | 743.69 | +0.055% | — | $337K | 50x | as long as short |
| GRVT QQQ_USDT_Perpshort | +0.0076% | 8h | 742.85 | −0.058% | $319K | $1.9M | 10x | |
| KuCoin QQQUSDTM | +0.0100% | 8h | 742.36 | −0.124% | $3.4M | $348K | 20x | as long as short |
| ApeX Omni QQQUSDT | +0.0100% | 1h | 742.31 | −0.131% | $20K | $2.2M | 50x | as long as short |
| Orderly PERP_QQQ_USDC_mythos | +0.0100% | 8h | 742.49 | −0.106% | $12K | $21K | 20x | as long as short |
| Deribit QQQ_USDC-PERPETUAL | +0.0100% | 1h | 742.58 | −0.094% | $424K | $151K | 20x | as long as short |
| Aevo QQQ-PERP | +0.0104% | 1h | 741.95 | −0.179% | $92K | $1K | 10x | as long as short |
| Nado QQQ-PERP | +0.0109% | 1h | 742.42 | −0.115% | $1.5M | $764K | 20x | as long as short |
| Phoenix QQQ | +0.0129% | 1h | 742.29 | −0.133% | $38K | $66K | 20x | as long as short |
| edgeX QQQUSDC | +0.0535% | 4h | 742.62 | −0.089% | $759K | $335K | 20x | as long as short |
Variational Omni QQQ
Coinbase International QQQ-PERP-INTX
HTX QQQ-USDT
Phemex QQQUSDT
Lighter QQQ
Lighter RH QQQ
Arcus QQQ-USD
Vest QQQ-USD-PERP
KuCoin QQQUSDTM
ApeX Omni QQQUSDT
Orderly PERP_QQQ_USDC_mythos
Deribit QQQ_USDC-PERPETUAL
Aevo QQQ-PERP
Nado QQQ-PERP
Phoenix QQQ
edgeX QQQUSDC