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

币安人生

all 币安人生 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0339%/8h= +37.1% APRnext payment +$1.69 per $10,000 · paid last 24h +0.136%
Price spread now: Binance against SunX+0.179%7-day average +0.158% · you sell dearer than you buy
Net, funding: paid 7d − costs−$166as in the Funding arb table
Net, price: spread back to 7d avg − costs−$185as in the Price arb table
costs, in and out, $10k−$1881.875% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.214%+$21 on $10k
Price spread, last 4 days (all we have)−0.025%−$2 · spread now +0.179%, 7d avg +0.158%
Together, before fees+0.189%+$19 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$10 a day on $10k at the current rate, and Binance is 0.021% dearer against SunX than usual: you sell high and buy low: +$2 more if the spread goes back to its 7-day average of +0.158%.
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 +$1.69 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 币安人生-USDT0.50950.0100pay 0.0050% / 4h56m 55s$4K$1.5M20x
ShortBinance 币安人生USDT0.51040.0439get 0.0219% / 4h56m 55s$39.1M$6.5M10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance 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
$71.1
Price spread: +0.179% → +0.158%
$2.07
Slippage, 4 orders
−$169.53
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
−$114.37
Costs to cover
1.875%
Break-even
18.3 days
Slippage from SunX: live order book, 8 min ago; Binance: live order book, 15 min ago.

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, 8 min ago30.11 bp72.8 bp −$73doesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 15 min ago0.98 bp23.9 bp −$24118.2 bp −$1,182doesn't fitdoesn'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.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Gate 币安人生_USDT+0.0100%8h0.5101+0.122%$365K$310K10xas long as short
SunX 币安人生-USDTlong+0.0100%4h0.5095long leg$4K$1.5M20x
HTX 币安人生-USDT+0.0100%4h0.5089−0.114%$39K$41K20xas long as short
Binance 币安人生USDTshort+0.0439%4h0.5104+0.179%$39.1M$6.5M10x
Aster 币安人生USDT+0.0512%4h0.5103+0.149%$1.6M$40K10xas long as short