Funding you earn now, next payment 08:00 UTC−0.0188%/8h= −20.6% APRnext payment −$0.94 per $10,000 · paid last 24h −0.125%
Price spread now: SunX against Gate+0.319%7-day average +0.066% · you sell dearer than you buy
Net, funding: paid 7d − costs−$297as in the Funding arb table
Net, price: spread back to 7d avg − costs−$111as in the Price arb table
costs, in and out, $10k−$1361.364% of the position
Funding, last 7 days−1.608%−$161 on $10k
+Price spread, last 4 days (all we have)−0.128%−$13 · spread now +0.319%, 7d avg +0.066%
=The price spread pays, funding is against you. SunX is 0.253% dearer against Gate than usual: you sell high and buy low (spread +0.319% now, against its 7-day average of +0.066%): +$25 on $10k if it goes back. Holding the pair costs −$6 a day in funding at the current rate, which eats that in about 4.5 days. At the pace of the last 7 days (−1.608% in total) that is about 26 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate 牛来_USDT | 0.1034 | 0.0288 | pay 0.0144% / 4h | 32m 02s | $2.9M | $5.6M | 20x |
| Short | SunX 牛来-USDT | 0.1038 | 0.0100 | get 0.0050% / 4h | 32m 02s | $1K | $402K | 10x |
Gate 牛来_USDT
SunX 牛来-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$39.48
- Price spread: +0.319% → +0.066%
- $25.3
- Slippage, 4 orders
- −$113.37
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$150.55
- Costs to cover
- 1.364%
- Break-even
- never at this rate
Slippage from Gate: live order book, 1 min ago; SunX: live order book, 19 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 Gate live order book, 1 min ago | 2.41 bp | 25.7 bp −$26 | 646.4 bp −$6,464 | doesn't fit | doesn't fit |
| Sell SunX live order book, 19 min ago | 21.12 bp | 38.1 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
牛来 on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance 牛来USDT | +0.0100% | 4h | 0.1035 | +0.047% | $31.1M | $83.0M | 10x | as long as short |
| SunX 牛来-USDTshort | +0.0100% | 4h | 0.1038 | +0.319% | $1K | $402K | 10x | |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1038 | +0.377% | $121K | $965K | 20x | as long as short |
| Gate 牛来_USDTlong | +0.0288% | 4h | 0.1034 | long leg | $2.9M | $5.6M | 20x | |
| Aster 牛来USDT | +0.0291% | 4h | 0.1036 | +0.125% | $580K | $479K | 10x | as long as short |
| Bitget 牛来USDT | +0.0718% | 4h | 0.1036 | +0.155% | $1.7M | $5.1M | 10x | as long as short |
Binance 牛来USDT
HTX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT