Funding you earn now, next payment 08:00 UTC−0.0776%/8h= −85.0% APRnext payment −$3.88 per $10,000 · paid last 24h −0.210%
Price spread now: SunX against KuCoin−0.014%54s7-day average +0.190% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.776%−$78 on $10k
+Price spread, last 4 days (all we have)+0.341%+$34 · spread now −0.014%, 7d avg +0.190%
=Both sides work against this trade now: funding costs −$23 a day on $10k at the current rate, and SunX is 0.203% cheaper against KuCoin than usual: you would sell low and buy high (−$20 if the spread goes back to its 7-day average of +0.190%). Swap the legs. The two prices were read 54 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 | KuCoin APRUSDTM | 0.1470 | 0.0876 | pay 0.0438% / 4h | 1h 04m | $2.4M | $346K | 50x |
| Short | SunX APR-USDT | 0.1470 | 0.0100 | get 0.0050% / 4h | 1h 04m | $1K | $1.2M | 20x |
KuCoin APRUSDTM
SunX APR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$162.96
- Price spread: −0.014% → +0.190%
- −$20.33
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$203.29
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 2 min ago; SunX: live order book, 9 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 KuCoin live order book, 2 min ago | 10.53 bp | 446.7 bp −$447 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 9 min ago | 26.14 bp | 80.7 bp −$81 | doesn't fit | doesn't fit | doesn't fit |
APR on 12 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance APRUSDT | +0.0100% | 4h | 0.1472 | +0.085% | $6.7M | $5.1M | 50x | as long as short |
| Bybit APRUSDT | +0.0100% | 4h | 0.1472 | +0.116% | $1.5M | $653K | 20x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1471 | +0.048% | $368K | $176K | 50x | as long as short |
| SunX APR-USDTshort | +0.0100% | 4h | 0.1470 | −0.014% | $1K | $1.2M | 20x | |
| HTX APR-USDT | +0.0100% | 4h | 0.1477 | +0.456% | $19K | $38K | 20x | as long as short |
| BloFin APR-USDT | +0.0147% | 4h | 0.1472 | +0.116% | $287K | $112K | 50x | as long as short |
| Bitget APRUSDT | +0.0170% | 4h | 0.1472 | +0.129% | $3.9M | $1.0M | 50x | as long as short |
| BingX APR-USDT | +0.0392% | 4h | 0.1472 | +0.116% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0395% | 4h | 0.1473 | +0.184% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0692% | 4h | 0.1470 | −0.014% | $71K | $78K | 5x | as long as short |
Binance APRUSDT
Bybit APRUSDT
MEXC APR_USDT
HTX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTMlong | +0.0876% | 4h | 0.1470 | long leg | $2.4M | $346K | 50x | |
| Gate APR_USDT | +0.0902% | 4h | 0.1469 | −0.095% | $697K | $213K | 25x | as long as short |
Gate APR_USDT