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+0.0958%/8h= +104.9% APRnext payment +$4.79 per $10,000 · paid last 24h +0.114%
Price spread now: BingX against SunX+0.189%7-day average +0.164% · 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+0.815%+$81 on $10k
Price spread, last 3 days (all we have)+0.048%+$5 · spread now +0.189%, 7d avg +0.164%
Together, before fees+0.863%+$86 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$29 a day on $10k at the current rate, and BingX is 0.025% dearer against SunX than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of +0.164%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.021710.0100pay 0.0050% / 4h3h 20m$2K$1.1M20x
ShortBingX 4-USDT0.021750.1058get 0.0529% / 4h3h 20m$1.4M

Funding history

latest
Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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
$201.18
Price spread: +0.189% → +0.164%
$2.53
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee BingX: 5 bp × 2 orders
−$10
Net
$185.71
Costs to cover
0.180%
Break-even
0.5 days
Slippage unknown: SunX: live order book, 3 min ago; BingX: live order book, 10 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 SunX live order book, 3 min ago496.32 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell BingX live order book, 10 min ago30.12 bp54.8 bp −$55119.1 bp −$1,191doesn'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%4h0.02173+0.101%$50K$8Kas long as short
SunX 4-USDTlong+0.0100%4h0.02171long leg$2K$1.1M20x
KuCoin 4USDTM+0.0578%4h0.02174+0.138%$940K$12.7M20xas long as short
Aster 4USDT+0.0584%4h0.02171+0.008%$248K$95K5xas long as short
Binance 4USDT+0.0712%4h0.02176+0.219%$8.4M$11.2M20xas long as short
MEXC 4_USDT+0.0720%4h0.02174+0.138%$1.9M$848K100xas long as short
Bybit 4USDT+0.0735%4h0.02172+0.060%$2.9M$1.7M5xas long as short
BingX 4-USDTshort+0.1058%4h0.02175+0.189%$1.4M
Gate 4_USDT+0.1584%4h0.02175+0.175%$595K$244K20xas long as short