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

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.0310%/8h= −33.9% APRnext payment $1.55 per $10,000 · paid last 24h −0.106%
Price spread now: SunX against BingX−0.067%7-day average +0.149% · 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−0.553%−$55 on $10k
Price spread, last 4 days (all we have)+0.444%+$44 · spread now −0.067%, 7d avg +0.149%
Together, before fees−0.109%−$11 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$9 a day on $10k at the current rate, and SunX is 0.216% cheaper against BingX than usual: you would sell low and buy high (−$22 if the spread goes back to its 7-day average of +0.149%). Swap the legs.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBingX APR-USDT0.14850.0410pay 0.0205% / 4h2h 37m$1.4M
ShortSunX APR-USDT0.14840.0100get 0.0050% / 4h2h 37m$1K$1.1M20x

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
−$65.1
Price spread: −0.067% → +0.149%
−$21.6
Slippage, 4 orders
no order book: not counted
Fee BingX: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$104.7
Costs to cover
0.180%
Break-even
never at this rate
Slippage unknown: BingX: live order book, 4 min ago; SunX: live order book, 6 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, 4 min ago10.10 bp36.7 bp −$37132.9 bp −$1,329doesn't fitdoesn't fit
Sell SunX live order book, 6 min ago23.21 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

APR on 12 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
Binance APRUSDT+0.0100%4h0.14850.000%$6.8M$5.1M50xas long as short
MEXC APR_USDT+0.0100%4h0.1486+0.067%$372K$175K50xas long as short
SunX APR-USDTshort+0.0100%4h0.1484−0.067%$1K$1.1M20x
HTX APR-USDT+0.0100%4h0.1488+0.202%$19K$44K20xas long as short
BloFin APR-USDT+0.0120%4h0.1480−0.337%$288K$110K50xas long as short
Bybit APRUSDT+0.0185%4h0.14850.000%$1.5M$631K20xas long as short
Bitget APRUSDT+0.0188%4h0.1483−0.141%$4.0M$995K50xas long as short
BingX APR-USDTlong+0.0410%4h0.1485long leg$1.4M
OKX APR-USDT-SWAP+0.0437%4h0.14850.000%$1.3M$2.5M20xas long as short
Aster APRUSDT+0.0777%4h0.1481−0.258%$72K$80K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APRUSDTM+0.0858%4h0.1484−0.067%$2.4M$343K50xas long as short
Gate APR_USDT+0.1102%4h0.1482−0.209%$701K$204K25xas long as short