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

4

all 4 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0272%/8h= −29.8% APRnext payment $1.36 per $10,000 · paid last 24h −0.111%
Price spread now: SunX against MEXC0.000%7-day average −0.157% · you sell dearer than you buy
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−0.646%−$65 on $10k
Price spread, last 4 days (all we have)+0.167%+$17 · spread now 0.000%, 7d avg −0.157%
Together, before fees−0.479%−$48 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.157% dearer against MEXC than usual: you sell high and buy low (spread 0.000% now, against its 7-day average of −0.157%): +$16 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 46 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongMEXC 4_USDT0.020150.0372pay 0.0186% / 4h1h 14m$1.5M$928K100x
ShortSunX 4-USDT0.020150.0100get 0.0050% / 4h1h 14m$2K$1.3M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against MEXC. 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
−$57.12
Price spread: 0.000% → −0.157%
$15.68
Slippage, 4 orders
no order book: not counted
Fee MEXC: 2 bp × 2 orders
−$4
Fee SunX: 4 bp × 2 orders
−$8
Net
−$53.44
Costs to cover
0.120%
Break-even
from the start
Slippage unknown: MEXC: live order book, 2 min ago; SunX: live order book, 9 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 MEXC live order book, 2 min ago2.48 bp14.5 bp −$14111.4 bp −$1,114279.0 bp −$27.9Kdoesn't fit
Sell SunX live order book, 9 min ago472.64 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%4h0.02018+0.139%$46K$8Kas long as short
SunX 4-USDTshort+0.0100%4h0.020150.000%$2K$1.3M20x
Bybit 4USDT+0.0257%4h0.02010−0.238%$2.6M$1.9M5xas long as short
Binance 4USDT+0.0361%4h0.02013−0.114%$7.8M$12.7M20xas long as short
MEXC 4_USDTlong+0.0372%4h0.02015long leg$1.5M$928K100x
Aster 4USDT+0.0384%4h0.02014−0.070%$242K$113K5xas long as short
BingX 4-USDT+0.0390%4h0.02012−0.174%$1.4Mas long as short
Gate 4_USDT+0.0478%4h0.02015−0.020%$544K$289K20xas long as short
KuCoin 4USDTM+0.0804%4h0.02013−0.099%$847K$12.6M20xas long as short