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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 币安人生-USDT | 0.5095 | 0.0100 | pay 0.0050% / 4h | 56m 55s | $4K | $1.5M | 20x |
| Short | Binance 币安人生USDT | 0.5104 | 0.0439 | get 0.0219% / 4h | 56m 55s | $39.1M | $6.5M | 10x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 8 min ago | 30.11 bp | 72.8 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 15 min ago | 0.98 bp | 23.9 bp −$24 | 118.2 bp −$1,182 | 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 | 0.5101 | +0.122% | $365K | $310K | 10x | as long as short |
| SunX 币安人生-USDTlong | +0.0100% | 4h | 0.5095 | long leg | $4K | $1.5M | 20x | |
| HTX 币安人生-USDT | +0.0100% | 4h | 0.5089 | −0.114% | $39K | $41K | 20x | as long as short |
| Binance 币安人生USDTshort | +0.0439% | 4h | 0.5104 | +0.179% | $39.1M | $6.5M | 10x | |
| Aster 币安人生USDT | +0.0512% | 4h | 0.5103 | +0.149% | $1.6M | $40K | 10x | as long as short |
SunX 币安人生-USDT
Binance 币安人生USDT
Gate 币安人生_USDT
HTX 币安人生-USDT
Aster 币安人生USDT