Settings8H · net · $10k
Funding arb · Price arb /

URNM

RWAall URNM markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 16:00 UTC+0.0996%/8h= +109.1% APRnext payment +$9.96 per $10,000 · paid last 24h +0.134%
Price spread now: GRVT against SunX+0.030%74s7-day average +0.078% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.261%+$26 on $10k
Price spread, last 4 days (all we have)+0.059%+$6 · spread now +0.030%, 7d avg +0.078%
Together, before fees+0.320%+ Points / potential airdropGRVT: Active · farm board+$32 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.049% cheaper against SunX than usual: you would sell low and buy high (spread +0.030% now, against its 7-day average of +0.078%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$30 a day). At the pace of the last 7 days (+0.261% in total) that is about 31 hours. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.261% in total (about 13.6% a year). A funding rate is set anew for every payment; at this rate the next one is about +$9.96 per $10,000. 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.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX URNM-USDT52.1800get 0.0000% / 8h4h 49m$1K$937K10x
ShortGRVT URNM_USDT_Perp52.1950.0996get 0.0996% / 8h4h 49m$2K$123K10x

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 it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$209.16
Price spread: +0.030% → +0.078%
−$4.88
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee GRVT: 4.5 bp × 2 orders
−$9
Net
$187.28
Costs to cover
0.170%
Break-even
0.7 days
Slippage unknown: SunX: live order book, 56 min ago; GRVT: live order book, 54 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 56 min ago500.10 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell GRVT live order book, 54 min ago3.83 bp49.6 bp −$50doesn't fitdoesn't fitdoesn't fit

URNM on 13 exchanges

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
tradeXYZ xyz:URNM−0.0503%1h52.174−0.011%$1.5M$475K10xas long as short
BloFin URNM-USDT−0.0016%8h52.190+0.019%$54K$2K20xas long as short
Aster URNMUSDT0.0000%8h52.133−0.090%$17K$62920xas long as short
OKX URNM-USDT-SWAP0.0000%8h52.210+0.057%$207K$78K20xas long as short
Gate URNM_USDT0.0000%8h52.220+0.077%$81K$3K20xas long as short
Variational Omni URNM0.0000%8h52.181+0.002%$94K$6Kas long as short
SunX URNM-USDTlong0.0000%8h52.180long leg$1K$937K10x
HTX URNM-USDT0.0000%8h52.1800.000%$5K$2K10xas long as short
MEXC URNM_USDT+0.0085%8h52.170−0.019%$408K$124K50xas long as short
Binance URNMUSDT+0.0095%8h52.210+0.057%$722K$655K20xas long as short
Show all 13 exchanges
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Pacifica URNM+0.0100%1h52.186+0.011%$26K$13K10xas long as short
Ondo Perps URNM-USD.P+0.0690%1h52.210+0.057%$2K$2K5xas long as short
GRVT URNM_USDT_Perpshort+0.0996%8h52.195+0.030%$2K$123K10x