4

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0096%/8h= +10.5% APRnext payment +$0.48 per $10,000 · paid last 24h +0.111%

Price spread now: MEXC against SunX+0.199%53s7-day average +0.156% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on SunX Short on MEXC

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)−0.083%−$8 · spread now +0.199%, 7d avg +0.156%

Together, before fees+0.563%+$56 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and MEXC is 0.043% dearer against SunX than usual: you sell high and buy low: +$4 more if the spread goes back to its 7-day average of +0.156%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX 4-USDT	0.02006	0.0100	pay 0.0050% / 4h	3m 24s	$1K	$1.3M	20x
Short	MEXC 4_USDT	0.02010	0.0196	get 0.0098% / 4h	3m 24s	$1.5M	$923K	100x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

MEXC 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

Position, each leg$Hold fordaysFee SunXbpFee MEXCbpOrdersPrice spread, now +0.199%Rate

Funding earned: $20.16
Price spread: +0.199% → +0.156%: $4.33
Slippage, 4 orders: no order book: not counted
Fee SunX: 4 bp × 2 orders: −$8
Fee MEXC: 2 bp × 2 orders: −$4
Net: $12.49
Costs to cover: 0.120%
Break-even: 2.7 days

Slippage unknown: SunX: live order book, 11 min ago; MEXC: live order book, 3 min ago. Net counts fees only.

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, 11 min ago	501.61 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit
Sell MEXC live order book, 3 min ago	4.97 bp	16.0 bp −$16	107.1 bp −$1,071	248.9 bp −$24.9K	doesn't fit

4 on 9 venues

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
Variational Omni 4	+0.0100%	4h	0.02011	+0.252%	$45K	$8K	—	as long as short
SunX 4-USDTlong	+0.0100%	4h	0.02006	long leg	$1K	$1.3M	20x
Bybit 4USDT	+0.0100%	4h	0.02009	+0.140%	$2.6M	$2.0M	5x	as long as short
Binance 4USDT	+0.0193%	4h	0.02013	+0.358%	$7.9M	$13.0M	20x	as long as short
MEXC 4_USDTshort	+0.0196%	4h	0.02010	+0.199%	$1.5M	$923K	100x
BingX 4-USDT	+0.0226%	4h	0.02016	+0.479%	—	$1.4M	—	as long as short
Aster 4USDT	+0.0239%	4h	0.02008	+0.094%	$239K	$111K	5x	as long as short
Gate 4_USDT	+0.0332%	4h	0.02013	+0.359%	$539K	$291K	20x	as long as short
KuCoin 4USDTM	+0.0686%	4h	0.02006	0.000%	$859K	$12.4M	20x	as long as short