Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.044%
Price spread now: SunX against GRVT+0.115%74s7-day average +0.123% · you sell dearer than you buy
Net, funding: paid 7d − costs−$261as 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−$2492.491% of the position
Funding, last 7 days−0.121%−$12 on $10k
+Price spread, last 4 days (all we have)+0.022%+$2 · spread now +0.115%, 7d avg +0.123%
=Together, before fees−0.099%+ Points / potential airdropGRVT: Active · farm board−$10 on $10k · with fees, hour by hour
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT SPY_USDT_Perp | 774.26 | 0 | get 0.0000% / 8h | 18m 21s | $169K | $341K | 10x |
| Short | SunX SPY-USDT | 775.15 | 0 | get 0.0000% / 8h | 18m 21s | $2K | $1.3M | 10x |
Funding 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: +0.115% → +0.123%
- −$0.8
- Slippage, 4 orders
- −$232.13
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$249.92
- Costs to cover
- 2.491%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 19 min ago; SunX: live order book, 6 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, 19 min ago | 1.81 bp | 6.6 bp −$7 | 7.6 bp −$76 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 29.08 bp | 128.9 bp −$129 | doesn't fit | doesn't fit | doesn't fit |
SPY on 27 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 | |
|---|---|---|---|---|---|---|---|---|
| Phoenix SPY | −0.0155% | 1h | 773.53 | −0.094% | $158K | $254K | 20x | as long as short |
| BloFin SPY-USDT | −0.0120% | 8h | 774.08 | −0.023% | $419K | $445K | 50x | as long as short |
| ApeX Omni SPYUSDT | −0.0114% | 1h | 773.48 | −0.101% | $164K | $25K | 50x | as long as short |
| Aster SPYUSDT | 0.0000% | 8h | 774.13 | −0.017% | $863K | $193K | 20x | as long as short |
| Binance SPYUSDT | 0.0000% | 8h | 774.08 | −0.024% | $28.6M | $75.9M | 50x | as long as short |
| Bybit SPYUSDT | 0.0000% | 8h | 773.98 | −0.036% | $6.2M | $1.6M | 100x | as long as short |
| OKX SPY-USDT-SWAP | 0.0000% | 8h | 774.10 | −0.021% | $7.9M | $3.3M | 50x | as long as short |
| Gate SPY_USDT | 0.0000% | 8h | 773.62 | −0.083% | $770K | $2.5M | 75x | as long as short |
| MEXC SPY_USDT | 0.0000% | 8h | 774.07 | −0.024% | $29.7M | $11.8M | 100x | as long as short |
| Bitget SPYUSDT | 0.0000% | 8h | 774.27 | +0.001% | $10.9M | $1.6M | 50x | as long as short |
Show all 27 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT SPY_USDT_Perplong | 0.0000% | 8h | 774.26 | long leg | $169K | $341K | 10x | |
| SunX SPY-USDTshort | 0.0000% | 8h | 775.15 | +0.115% | $2K | $1.3M | 10x | |
| Deribit SPY_USDC-PERPETUAL | 0.0000% | 1h | 773.80 | −0.059% | $23K | $54K | 20x | as long as short |
| HTX SPY-USDT | 0.0000% | 8h | 774.44 | +0.023% | $300K | $38K | 50x | as long as short |
| RISEx SPY/USDC | +0.0014% | 1h | 774.32 | +0.008% | $7.1M | $4.0M | 25x | as long as short |
| Coinbase International SPY-PERP-INTX | +0.0024% | 1h | 773.87 | −0.050% | $951K | $532K | 20x | as long as short |
| Lighter RH SPY | +0.0032% | 1h | 774.32 | +0.008% | $56.4M | $120.1M | 50x | as long as short |
| Nado SPY-PERP | +0.0033% | 1h | 773.73 | −0.069% | $1.5M | $246K | 20x | as long as short |
| Arcus SPY-USD | +0.0040% | 1h | 773.43 | −0.107% | $923K | $1.3M | 50x | as long as short |
| Vest SPY-USD-PERP | +0.0046% | 1h | 773.00 | −0.163% | — | $123K | 50x | as long as short |
| Ondo Perps SPY-USD.P | +0.0050% | 1h | 773.26 | −0.129% | $4.8M | $865K | 20x | as long as short |
| KuCoin SPYUSDTM | +0.0100% | 8h | 773.39 | −0.112% | $2.5M | $1.0M | 20x | as long as short |
| Orderly PERP_SPY_USDC_mythos | +0.0100% | 8h | 774.06 | −0.026% | $1K | — | 20x | as long as short |
| Aevo SPY-PERP | +0.0104% | 1h | 773.51 | −0.097% | $87K | — | 10x | as long as short |
| Lighter SPY | +0.0120% | 1h | 774.20 | −0.008% | $7.9M | $18.0M | 50x | as long as short |
| GMX SPY/USD [ETH-USDC] | L +0.0209% / S −0.0429% | 1h | 774.08 | −0.024% | $10K | — | 26x | as long as short |
| edgeX SPYUSDC | +0.0855% | 4h | 773.99 | −0.035% | $640K | $242K | 20x | as long as short |
GRVT SPY_USDT_Perp
SunX SPY-USDT
Phoenix SPY
BloFin SPY-USDT
ApeX Omni SPYUSDT
Aster SPYUSDT
Binance SPYUSDT
Bybit SPYUSDT
OKX SPY-USDT-SWAP
Gate SPY_USDT
MEXC SPY_USDT
Bitget SPYUSDT
Deribit SPY_USDC-PERPETUAL
HTX SPY-USDT
RISEx SPY/USDC
Coinbase International SPY-PERP-INTX
Lighter RH SPY
KuCoin SPYUSDTM
Lighter SPY
GMX SPY/USD [ETH-USDC]
edgeX SPYUSDC