Funding you earn now, next payment 16:00 UTC−0.1514%/8h= −165.8% APRnext payment −$15.14 per $10,000 · paid last 24h −0.147%
Price spread now: SunX against GRVT−0.007%7-day average −0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$270as in the Funding arb table
Net, price: spread back to 7d avg − costs−$242as in the Price arb table
costs, in and out, $10k−$2472.468% of the position
Funding, last 7 days−0.229%−$23 on $10k
+Price spread, last 4 days (all we have)−0.105%−$11 · spread now −0.007%, 7d avg −0.051%
=Together, before fees−0.334%+ Points / potential airdropGRVT: Active · farm board−$33 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.044% dearer against GRVT than usual: you sell high and buy low (spread −0.007% now, against its 7-day average of −0.051%): +$4 on $10k if it goes back. Holding the pair costs −$45 a day in funding at the current rate, which eats that in about 2 hours. At the pace of the last 7 days (−0.229% in total) that is about 32 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.229% in total (about -11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about −$15.14 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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | GRVT UVXY_USDT_Perp | 17.201 | 0.1514 | pay 0.1514% / 8h | 4h 46m | $6K | $142K | 10x |
| Short | SunX UVXY-USDT | 17.200 | 0 | get 0.0000% / 8h | 4h 46m | $786 | $353K | 10x |
GRVT UVXY_USDT_Perp
SunX UVXY-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
- −$317.94
- Price spread: −0.007% → −0.051%
- $4.37
- Slippage, 4 orders
- −$229.77
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$560.34
- Costs to cover
- 2.468%
- Break-even
- never at this rate
Slippage from GRVT: live order book, 58 min ago; SunX: live order book, 47 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, 58 min ago | 8.73 bp | 39.0 bp −$39 | 112.6 bp −$1,126 | doesn't fit | doesn't fit |
| Sell SunX live order book, 47 min ago | 49.46 bp | 89.0 bp −$89 | doesn't fit | doesn't fit | doesn't fit |
UVXY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster UVXYUSDT | 0.0000% | 8h | 17.203 | +0.011% | $6K | $1K | 20x | as long as short |
| Bybit UVXYUSDT | 0.0000% | 8h | 17.210 | +0.051% | $1.1M | $174K | 25x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.210 | +0.051% | $398K | $226K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.201 | −0.001% | $797K | $252K | 20x | as long as short |
| SunX UVXY-USDTshort | 0.0000% | 8h | 17.200 | −0.007% | $786 | $353K | 10x | |
| HTX UVXY-USDT | 0.0000% | 8h | 17.190 | −0.065% | $11K | $3K | 10x | as long as short |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.200 | −0.007% | $1.2M | $135K | 10x | as long as short |
| OKX UVXY-USDT-SWAP | +0.1117% | 8h | 17.210 | +0.051% | $401K | $385K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.1173% | 8h | 17.210 | +0.051% | $152K | $999K | 20x | as long as short |
| Variational Omni UVXY | +0.1469% | 8h | 17.165 | −0.208% | $97K | $6K | — | as long as short |
Aster UVXYUSDT
Bybit UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
HTX UVXY-USDT
Phemex UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXYShow all 14 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| GRVT UVXY_USDT_Perplong | +0.1514% | 8h | 17.201 | long leg | $6K | $142K | 10x | |
| MEXC UVXY_USDT | +0.1538% | 8h | 17.180 | −0.123% | $881K | $84K | 20x | as long as short |
| Binance UVXYUSDT | +0.1539% | 8h | 17.210 | +0.051% | $2.2M | $1.8M | 20x | as long as short |
| BloFin UVXY-USDT | +0.1541% | 8h | 17.190 | −0.065% | $64K | $4K | 20x | as long as short |
MEXC UVXY_USDT
Binance UVXYUSDT
BloFin UVXY-USDT