Funding you earn now, next payment 12:00 UTC−0.0641%/8h= −70.2% APRnext payment −$3.20 per $10,000 · paid last 24h −0.136%
Price spread now: SunX against Binance−0.184%7-day average −0.158% · you buy dearer than you sell
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$183as in the Price arb table
costs, in and out, $10k−$1811.806% of the position
Funding, last 7 days−0.214%−$21 on $10k
+Price spread, last 4 days (all we have)+0.037%+$4 · spread now −0.184%, 7d avg −0.158%
=Both sides work against this trade now: funding costs −$19 a day on $10k at the current rate, and SunX is 0.026% cheaper against Binance than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of −0.158%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.214% in total (about -11.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$3.20 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 | Binance 币安人生USDT | 0.5081 | 0.0741 | pay 0.0370% / 4h | 3h 59m | $38.9M | $6.6M | 10x |
| Short | SunX 币安人生-USDT | 0.5071 | 0.0100 | get 0.0050% / 4h | 3h 59m | $4K | $1.5M | 20x |
Binance 币安人生USDT
SunX 币安人生-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$134.58
- Price spread: −0.184% → −0.158%
- −$2.64
- Slippage, 4 orders
- −$162.59
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$317.81
- Costs to cover
- 1.806%
- Break-even
- never at this rate
Slippage from Binance: live order book, 13 min ago; SunX: live order book, 6 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 Binance live order book, 13 min ago | 1.97 bp | 23.5 bp −$24 | 145.6 bp −$1,456 | doesn't fit | doesn't fit |
| Sell SunX live order book, 6 min ago | 32.03 bp | 62.5 bp −$62 | doesn't fit | doesn't fit | doesn't fit |
币安人生 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate 币安人生_USDT | +0.0100% | 8h | 0.5082 | +0.018% | $365K | $291K | 10x | as long as short |
| SunX 币安人生-USDTshort | +0.0100% | 4h | 0.5071 | −0.184% | $4K | $1.5M | 20x | |
| HTX 币安人生-USDT | +0.0100% | 4h | 0.5096 | +0.290% | $39K | $41K | 20x | as long as short |
| Binance 币安人生USDTlong | +0.0741% | 4h | 0.5081 | long leg | $38.9M | $6.6M | 10x | |
| Aster 币安人生USDT | +0.0801% | 4h | 0.5077 | −0.085% | $1.5M | $41K | 10x | as long as short |
Gate 币安人生_USDT
HTX 币安人生-USDT
Aster 币安人生USDT