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+0.0932%/8h= +102.1% APRnext payment +$4.66 per $10,000 · paid last 24h +0.089%
Price spread now: Gate against SunX−0.108%7-day average −0.220% · 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+0.612%+$61 on $10k
Price spread, last 4 days (all we have)−0.375%−$38 · spread now −0.108%, 7d avg −0.220%
Together, before fees+0.237%+$24 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$28 a day on $10k at the current rate, and Gate is 0.112% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.220%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.612% in total (about 31.9% a year). A funding rate is set anew for every payment; at this rate the next one is about +$4.66 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX APR-USDT0.14830.0100pay 0.0050% / 4h2h 40m$1K$1.1M20x
ShortGate APR_USDT0.14810.1032get 0.0516% / 4h2h 40m$700K$204K25x

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
$195.72
Price spread: −0.108% → −0.220%
$11.18
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
$183.9
Costs to cover
0.230%
Break-even
0.4 days
Slippage unknown: SunX: live order book, 3 min ago; Gate: 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 SunX live order book, 3 min ago23.21 bp58.3 bp −$58doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 6 min ago10.82 bp371.0 bp −$371doesn'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%4h0.1482−0.045%$6.7M$5.1M50xas long as short
MEXC APR_USDT+0.0100%4h0.1481−0.108%$371K$174K50xas long as short
SunX APR-USDTlong+0.0100%4h0.1483long leg$1K$1.1M20x
HTX APR-USDT+0.0100%4h0.1486+0.229%$19K$44K20xas long as short
BloFin APR-USDT+0.0136%4h0.1486+0.229%$290K$111K50xas long as short
Bitget APRUSDT+0.0196%4h0.1482−0.020%$4.0M$995K50xas long as short
Bybit APRUSDT+0.0215%4h0.1482−0.040%$1.4M$631K20xas long as short
BingX APR-USDT+0.0410%4h0.1482−0.040%$1.4Mas long as short
OKX APR-USDT-SWAP+0.0444%4h0.1483+0.027%$1.3M$2.5M20xas long as short
Aster APRUSDT+0.0793%4h0.1479−0.213%$72K$80K5xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin APRUSDTM+0.0870%4h0.1482−0.054%$2.4M$343K50xas long as short
Gate APR_USDTshort+0.1032%4h0.1481−0.108%$700K$204K25x