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+0.0428%/8h= +46.9% APRnext payment +$2.14 per $10,000 · paid last 24h +0.144%
Price spread now: Gate against SunX−0.068%7-day average +0.117% · 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+0.870%+$87 on $10k
Price spread, last 3 days (all we have)+0.271%+$27 · spread now −0.068%, 7d avg +0.117%
Together, before fees+1.142%+$114 on $10k · with fees, hour by hour
Funding pays, the price is against you. Gate is 0.185% cheaper against SunX than usual: you would sell low and buy high (spread −0.068% now, against its 7-day average of +0.117%). If the spread goes back, that is −$19 on $10k: about 35 hours of funding at the current rate (+$13 a day).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX 4-USDT0.021950.0100pay 0.0050% / 4h1h 41m$2K$999K20x
ShortGate 4_USDT0.021930.0528get 0.0264% / 4h1h 41m$599K$232K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate 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
$89.88
Price spread: −0.068% → +0.117%
−$18.53
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$48.35
Costs to cover
0.230%
Break-even
3.2 days
Slippage unknown: SunX: live order book, 31 min ago; Gate: live order book, 39 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, 31 min ago501.34 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 39 min ago11.12 bp849.9 bp −$850doesn'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%4h0.02188−0.326%$53K$9Kas long as short
SunX 4-USDTlong+0.0100%4h0.02195long leg$2K$999K20x
MEXC 4_USDT+0.0408%4h0.02194−0.046%$2.1M$823K100xas long as short
Binance 4USDT+0.0418%4h0.02193−0.100%$8.5M$10.8M20xas long as short
Aster 4USDT+0.0429%4h0.02193−0.085%$251K$93K5xas long as short
Gate 4_USDTshort+0.0528%4h0.02193−0.068%$599K$232K20x
KuCoin 4USDTM+0.0632%4h0.02189−0.273%$926K$13.2M20xas long as short
BingX 4-USDT+0.0674%4h0.02193−0.073%$1.4Mas long as short
Bybit 4USDT+0.0734%4h0.02193−0.109%$2.9M$1.6M5xas long as short