Funding you earn now, next payment 16:00 UTC+0.3704%/8h= +405.6% APRnext payment +$37.04 per $10,000 · paid last 24h +0.147%
Price spread now: GRVT against SunX−0.047%74s7-day average +0.051% · you buy dearer than you sell
Net, funding: paid 7d − costs−$260as 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−$2832.831% of the position
Funding, last 7 days+0.229%+$23 on $10k
+Price spread, last 4 days (all we have)+0.332%+$33 · spread now −0.047%, 7d avg +0.051%
=Together, before fees+0.561%+ Points / potential airdropGRVT: Active · farm board+$56 on $10k · with fees, hour by hour
Funding pays, the price is against you. GRVT is 0.098% cheaper against SunX than usual: you would sell low and buy high (spread −0.047% now, against its 7-day average of +0.051%). If the spread goes back, that is −$10 on $10k: about 2 hours of funding at the current rate (+$111 a day). At the pace of the last 7 days (+0.229% in total) that is about 3.0 days. 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 0.229% in total (about 11.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$37.04 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX UVXY-USDT | 17.300 | 0 | get 0.0000% / 8h | 7h 22m | $941 | $317K | 10x |
| Short | GRVT UVXY_USDT_Perp | 17.292 | 0.3704 | get 0.3704% / 8h | 7h 22m | $6K | $147K | 10x |
SunX UVXY-USDT
GRVT UVXY_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
- $777.84
- Price spread: −0.047% → +0.051%
- −$9.75
- Slippage, 4 orders
- −$266.13
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- $484.95
- Costs to cover
- 2.831%
- Break-even
- 2.6 days
Slippage from SunX: live order book, 19 min ago; GRVT: live order book, 10 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, 19 min ago | 52.14 bp | 89.9 bp −$90 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 10 min ago | 5.78 bp | 52.2 bp −$52 | 116.9 bp −$1,169 | doesn't fit | doesn't fit |
UVXY on 14 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 | |
|---|---|---|---|---|---|---|---|---|
| Aster UVXYUSDT | 0.0000% | 8h | 17.269 | −0.182% | $6K | $1K | 20x | as long as short |
| Gate UVXY_USDT | 0.0000% | 8h | 17.280 | −0.116% | $395K | $228K | 20x | as long as short |
| Bitget UVXYUSDT | 0.0000% | 8h | 17.276 | −0.139% | $790K | $254K | 20x | as long as short |
| SunX UVXY-USDTlong | 0.0000% | 8h | 17.300 | long leg | $941 | $317K | 10x | |
| Phemex UVXYUSDT | 0.0000% | 8h | 17.320 | +0.116% | $1.3M | $120K | 10x | as long as short |
| Bybit UVXYUSDT | +0.0497% | 8h | 17.330 | +0.173% | $1.1M | $182K | 25x | as long as short |
| OKX UVXY-USDT-SWAP | +0.0813% | 8h | 17.300 | 0.000% | $392K | $367K | 20x | as long as short |
| KuCoin UVXYUSDTM | +0.0977% | 8h | 17.300 | 0.000% | $161K | $850K | 20x | as long as short |
| Variational Omni UVXY | +0.1118% | 8h | 17.297 | −0.019% | $97K | $7K | — | as long as short |
| BloFin UVXY-USDT | +0.1228% | 8h | 17.310 | +0.058% | $62K | $4K | 20x | as long as short |
Aster UVXYUSDT
Gate UVXY_USDT
Bitget UVXYUSDT
Phemex UVXYUSDT
Bybit UVXYUSDT
OKX UVXY-USDT-SWAP
KuCoin UVXYUSDTM
Variational Omni UVXY
BloFin UVXY-USDTShow all 14 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC UVXY_USDT | +0.1240% | 8h | 17.280 | −0.116% | $886K | $86K | 20x | as long as short |
| Binance UVXYUSDT | +0.1257% | 8h | 17.309 | +0.052% | $2.1M | $1.6M | 20x | as long as short |
| HTX UVXY-USDT | +0.1357% | 8h | 17.340 | +0.231% | $11K | $3K | 10x | as long as short |
| GRVT UVXY_USDT_Perpshort | +0.3704% | 8h | 17.292 | −0.047% | $6K | $147K | 10x |
MEXC UVXY_USDT
Binance UVXYUSDT
HTX UVXY-USDT