Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h −0.030%
Price spread now: GRVT against SunX+0.133%7-day average +0.009% · you sell dearer than you buy
Net, funding: paid 7d − costs−$154as in the Funding arb table
Net, price: spread back to 7d avg − costs−$146as in the Price arb table
costs, in and out, $10k−$1591.585% of the position
Funding, last 7 days+0.041%+$4 on $10k
+Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.133%, 7d avg +0.009%
=Together, before fees−0.056%+ Points / potential airdropGRVT: Active · farm board−$6 on $10k · with fees, hour by hour
The price spread pays, funding is against you. GRVT is 0.124% dearer against SunX than usual: you sell high and buy low (spread +0.133% now, against its 7-day average of +0.009%): +$12 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 34 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX WDC-USDT | 449.20 | 0.0100 | pay 0.0100% / 8h | 3h 50m | — | $2.4M | 10x |
| Short | GRVT WDC_USDT_Perp | 449.80 | 0.0088 | get 0.0088% / 8h | 3h 50m | $531 | $156K | 10x |
SunX WDC-USDT
GRVT WDC_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
- −$2.52
- Price spread: +0.133% → +0.009%
- $12.41
- Slippage, 4 orders
- −$141.51
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee GRVT: 4.5 bp × 2 orders
- −$9
- Net
- −$148.62
- Costs to cover
- 1.585%
- Break-even
- never at this rate
Slippage from SunX: live order book, 6 min ago; GRVT: live order book, 62 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, 6 min ago | 46.67 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell GRVT live order book, 62 min ago | 2.55 bp | 13.2 bp −$13 | doesn't fit | doesn't fit | doesn't fit |
WDC on 17 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 | |
|---|---|---|---|---|---|---|---|---|
| edgeX WDCUSDC | −0.0786% | 4h | 449.54 | +0.075% | $50K | $230K | 10x | as long as short |
| Aster WDCUSDT | 0.0000% | 8h | 449.10 | −0.023% | $11K | $115K | 20x | as long as short |
| Bybit WDCUSDT | 0.0000% | 8h | 448.89 | −0.069% | $1.9M | $836K | 25x | as long as short |
| Gate WDC_USDT | 0.0000% | 8h | 449.00 | −0.045% | $1.9M | $2.4M | 50x | as long as short |
| Bitget WDCUSDT | 0.0000% | 8h | 449.09 | −0.024% | $1.1M | $1.1M | 20x | as long as short |
| BloFin WDC-USDT | +0.0014% | 8h | 449.31 | +0.024% | $146K | $94K | 20x | as long as short |
| Lighter WDC | +0.0032% | 1h | 449.00 | −0.045% | — | — | 10x | as long as short |
| QFEX WDC-USD | +0.0037% | 1h | 449.00 | −0.045% | $1.1M | $3.4M | 10x | as long as short |
| Binance WDCUSDT | +0.0038% | 8h | 448.92 | −0.063% | $7.4M | $24.7M | 20x | as long as short |
| Extended WDC-USD | +0.0040% | 1h | 448.86 | −0.076% | $4K | $134K | 10x | as long as short |
edgeX WDCUSDC
Aster WDCUSDT
Bybit WDCUSDT
Gate WDC_USDT
Bitget WDCUSDT
BloFin WDC-USDT
Lighter WDC
QFEX WDC-USD
Binance WDCUSDT
Extended WDC-USDShow all 17 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:WDC | +0.0050% | 1h | 448.99 | −0.047% | $2.4M | $2.1M | 10x | as long as short |
| GRVT WDC_USDT_Perpshort | +0.0088% | 8h | 449.80 | +0.133% | $531 | $156K | 10x | |
| KuCoin WDCUSDTM | +0.0100% | 8h | 449.10 | −0.022% | $275K | $45K | 20x | as long as short |
| Orderly PERP_WDC_USDC_mythos | +0.0100% | 8h | 449.07 | −0.029% | $9K | $2K | 10x | as long as short |
| SunX WDC-USDTlong | +0.0100% | 8h | 449.20 | long leg | — | $2.4M | 10x | |
| HTX WDC-USDT | +0.0100% | 8h | 449.35 | +0.033% | $33K | $8K | 10x | as long as short |
| OKX WDC-USDT-SWAP | +0.0147% | 8h | 448.98 | −0.049% | $2.2M | $3.9M | 20x | as long as short |
tradeXYZ xyz:WDC
KuCoin WDCUSDTM
Orderly PERP_WDC_USDC_mythos
HTX WDC-USDT
OKX WDC-USDT-SWAP