Funding you earn now, next payment 11:00 UTC−0.0911%/8h= −99.7% APRpaid last 24h −0.111%
Price spread now: tradeXYZ against GRVT−0.153%7-day average −0.069% · you buy dearer than you sell
Net, funding: paid 7d − costs−$224as in the Funding arb table
Net, price: spread back to 7d avg − costs−$202as in the Price arb table
costs, in and out, $10k−$1931.932% of the position
Funding, last 7 days−0.306%−$31 on $10k
+Price spread, last 4 days (all we have)+0.162%+$16 · spread now −0.153%, 7d avg −0.069%
=Together, before fees−0.144%+ Points / potential airdropGRVT: Active · tradeXYZ: Active · farm board−$14 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$27 a day on $10k at the current rate, and tradeXYZ is 0.085% cheaper against GRVT than usual: you would sell low and buy high (−$8 if the spread goes back to its 7-day average of −0.069%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.306% in total (about -16.0% a year). A funding rate is set anew for every payment. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT URNM_USDT_Perp | 52.220 | 0.0822 | pay 0.0822% / 8h | 5h 45m | $1K | $124K | 10x |
| Short | tradeXYZ xyz:URNM | 52.140 | −0.0089 | pay 0.0011% / 1h | 45m 09s | $1.4M | $484K | 10x |
GRVT URNM_USDT_Perp
tradeXYZ xyz:URNMFunding history
latest
Range statsloading…
Price spread between the two exchanges
tradeXYZ 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
- −$191.22
- Price spread: −0.153% → −0.069%
- −$8.45
- Slippage, 4 orders
- −$166.22
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Net
- −$392.9
- Costs to cover
- 1.932%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 64 min ago; tradeXYZ: live order book, 5 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, 64 min ago | 5.76 bp | 35.6 bp −$36 | 7923.1 bp −$79.2K | doesn't fit | doesn't fit |
| Sell tradeXYZ live order book, 5 min ago | 2.01 bp | 73.8 bp −$74 | doesn't fit | doesn't fit | doesn't fit |
URNM on 13 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:URNMshort | −0.0089% | 1h | 52.140 | −0.153% | $1.4M | $484K | 10x | |
| BloFin URNM-USDT | −0.0016% | 8h | 52.140 | −0.153% | $53K | $2K | 20x | as long as short |
| Aster URNMUSDT | 0.0000% | 8h | 52.143 | −0.148% | $17K | $629 | 20x | as long as short |
| Binance URNMUSDT | 0.0000% | 8h | 52.190 | −0.057% | $722K | $675K | 20x | as long as short |
| OKX URNM-USDT-SWAP | 0.0000% | 8h | 52.200 | −0.038% | $207K | $79K | 20x | as long as short |
| Gate URNM_USDT | 0.0000% | 8h | 52.220 | 0.000% | $81K | $3K | 20x | as long as short |
| MEXC URNM_USDT | 0.0000% | 8h | 52.160 | −0.115% | $407K | $124K | 50x | as long as short |
| Variational Omni URNM | 0.0000% | 8h | 52.192 | −0.054% | $93K | $6K | — | as long as short |
| SunX URNM-USDT | 0.0000% | 8h | 52.160 | −0.115% | $1K | $984K | 10x | as long as short |
| HTX URNM-USDT | 0.0000% | 8h | 52.240 | +0.038% | $5K | $2K | 10x | as long as short |
BloFin URNM-USDT
Aster URNMUSDT
Binance URNMUSDT
OKX URNM-USDT-SWAP
Gate URNM_USDT
MEXC URNM_USDT
Variational Omni URNM
SunX URNM-USDT
HTX URNM-USDTShow all 13 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Pacifica URNM | +0.0100% | 1h | 52.180 | −0.077% | $26K | $13K | 10x | as long as short |
| Ondo Perps URNM-USD.P | +0.0637% | 1h | 52.220 | 0.000% | $2K | $2K | 5x | as long as short |
| GRVT URNM_USDT_Perplong | +0.0822% | 8h | 52.220 | long leg | $1K | $124K | 10x |
Pacifica URNM
Ondo Perps URNM-USD.P