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

APR

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Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC−0.0172%/8h= −18.8% APRnext payment $0.86 per $10,000 · paid last 24h −0.073%
Price spread now: SunX against Bitget−0.136%50s7-day average +0.155% · 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−0.258%−$26 on $10k
Price spread, last 4 days (all we have)+1.103%+$110 · spread now −0.136%, 7d avg +0.155%
Together, before fees+0.845%+$84 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.291% cheaper against Bitget than usual: you would sell low and buy high (−$29 if the spread goes back to its 7-day average of +0.155%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBitget APRUSDT0.14660.0272pay 0.0136% / 4h3h 39m$3.9M$1.0M50x
ShortSunX APR-USDT0.14640.0100get 0.0050% / 4h3h 39m$1K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Bitget. 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
−$36.12
Price spread: −0.136% → +0.155%
−$29.15
Slippage, 4 orders
no order book: not counted
Fee Bitget: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$85.27
Costs to cover
0.200%
Break-even
never at this rate
Slippage unknown: Bitget: live order book, 3 min ago; SunX: live order book, 4 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 Bitget live order book, 3 min ago8.18 bp29.6 bp −$30329.6 bp −$3,296doesn't fitdoesn't fit
Sell SunX live order book, 4 min ago26.25 bp63.4 bp −$63doesn'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%4h0.1468+0.128%$6.6M$5.2M50xas long as short
Bybit APRUSDT+0.0100%4h0.1467+0.061%$1.4M$651K20xas long as short
MEXC APR_USDT+0.0100%4h0.1466−0.007%$372K$172K50xas long as short
SunX APR-USDTshort+0.0100%4h0.1464−0.136%$1K$1.2M20x
HTX APR-USDT+0.0100%4h0.1470+0.266%$19K$37K20xas long as short
BloFin APR-USDT+0.0107%4h0.1468+0.130%$287K$113K50xas long as short
OKX APR-USDT-SWAP+0.0108%4h0.1466−0.007%$1.2M$2.5M20xas long as short
Bitget APRUSDTlong+0.0272%4h0.1466long leg$3.9M$1.0M50x
BingX APR-USDT+0.0294%4h0.1466−0.007%$1.4Mas long as short
Gate APR_USDT+0.0476%4h0.1466−0.041%$698K$196K25xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Aster APRUSDT+0.0625%4h0.1467+0.071%$70K$75K5xas long as short
KuCoin APRUSDTM+0.0834%4h0.1465−0.082%$2.3M$344K50xas long as short