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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC−0.0574%/8h= −62.9% APRnext payment $2.87 per $10,000 · paid last 24h −0.090%
Price spread now: SunX against BingX−0.155%7-day average −0.165% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days−0.789%−$79 on $10k
Price spread, last 3 days (all we have)−0.044%−$4 · spread now −0.155%, 7d avg −0.165%
Together, before fees−0.833%−$83 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of −0.165%, so right now this pair is about funding alone: −$17 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX 4-USDT0.021900.0674pay 0.0337% / 4h1h 39m$1.4M
ShortSunX 4-USDT0.021870.0100get 0.0050% / 4h1h 39m$2K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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
−$120.54
Price spread: −0.155% → −0.165%
$1.01
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$137.53
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 7 min ago; SunX: live order book, 33 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BingX live order book, 7 min ago30.32 bp51.5 bp −$52145.3 bp −$1,453doesn't fitdoesn't fit
Sell SunX live order book, 33 min ago501.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

4 on 9 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
Variational Omni 4+0.0100%4h0.02191+0.036%$53K$9Kas long as short
SunX 4-USDTshort+0.0100%4h0.02187−0.155%$2K$1.0M20x
MEXC 4_USDT+0.0418%4h0.02189−0.064%$2.0M$825K100xas long as short
Binance 4USDT+0.0424%4h0.021900.000%$8.5M$10.8M20xas long as short
Aster 4USDT+0.0426%4h0.02189−0.084%$250K$93K5xas long as short
Gate 4_USDT+0.0512%4h0.02191+0.014%$599K$233K20xas long as short
KuCoin 4USDTM+0.0634%4h0.02188−0.110%$926K$13.2M20xas long as short
BingX 4-USDTlong+0.0674%4h0.02190long leg$1.4M
Bybit 4USDT+0.0728%4h0.02189−0.064%$2.9M$1.7M5xas long as short