Funding you earn now, next payment 12:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.114%
Price spread now: Binance against SunX−0.079%7-day average −0.004% · you buy dearer than you sell
Net, funding: paid 7d − costs−$93as in the Funding arb table
Net, price: spread back to 7d avg − costs−$119as in the Price arb table
costs, in and out, $10k−$1121.120% of the position
Funding, last 7 days+0.186%+$19 on $10k
+Price spread, last 4 days (all we have)−0.344%−$34 · spread now −0.079%, 7d avg −0.004%
=Funding pays, the price is against you. Binance is 0.075% cheaper against SunX than usual: you would sell low and buy high (spread −0.079% now, against its 7-day average of −0.004%). If the spread goes back, that is −$7 on $10k: about 31 hours of funding at the current rate (+$6 a day). At the pace of the last 7 days (+0.186% in total) that is about 2.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX 牛来-USDT | 0.1074 | 0.0100 | pay 0.0050% / 4h | 2h 09m | $1K | $355K | 10x |
| Short | Binance 牛来USDT | 0.1073 | 0.0292 | get 0.0146% / 4h | 2h 09m | $32.4M | $72.4M | 10x |
SunX 牛来-USDT
Binance 牛来USDTFunding 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
- $40.29
- Price spread: −0.079% → −0.004%
- −$7.47
- Slippage, 4 orders
- −$93.96
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$79.14
- Costs to cover
- 1.120%
- Break-even
- 20.8 days
Slippage from SunX: live order book, 34 min ago; Binance: live order book, 11 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, 34 min ago | 20.62 bp | 37.8 bp −$38 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 11 min ago | 0.94 bp | 16.9 bp −$17 | 71.3 bp −$713 | doesn't fit | doesn't fit |
牛来 on 6 exchanges
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 牛来_USDT | +0.0100% | 4h | 0.1071 | −0.270% | $3.0M | $4.7M | 20x | as long as short |
| SunX 牛来-USDTlong | +0.0100% | 4h | 0.1074 | long leg | $1K | $355K | 10x | |
| HTX 牛来-USDT | +0.0100% | 4h | 0.1075 | +0.037% | $120K | $699K | 20x | as long as short |
| Binance 牛来USDTshort | +0.0292% | 4h | 0.1073 | −0.079% | $32.4M | $72.4M | 10x | |
| Aster 牛来USDT | +0.0382% | 4h | 0.1074 | −0.009% | $593K | $417K | 10x | as long as short |
| Bitget 牛来USDT | +0.0980% | 4h | 0.1075 | +0.065% | $1.7M | $4.5M | 10x | as long as short |
Gate 牛来_USDT
HTX 牛来-USDT
Aster 牛来USDT
Bitget 牛来USDT