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
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%
=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.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX APR-USDT | 0.1483 | 0.0100 | pay 0.0050% / 4h | 2h 40m | $1K | $1.1M | 20x |
| Short | Gate APR_USDT | 0.1481 | 0.1032 | get 0.0516% / 4h | 2h 40m | $700K | $204K | 25x |
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 itlatest
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| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy SunX live order book, 3 min ago | 23.21 bp | 58.3 bp −$58 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 6 min ago | 10.82 bp | 371.0 bp −$371 | 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 | 0.1482 | −0.045% | $6.7M | $5.1M | 50x | as long as short |
| MEXC APR_USDT | +0.0100% | 4h | 0.1481 | −0.108% | $371K | $174K | 50x | as long as short |
| SunX APR-USDTlong | +0.0100% | 4h | 0.1483 | long leg | $1K | $1.1M | 20x | |
| HTX APR-USDT | +0.0100% | 4h | 0.1486 | +0.229% | $19K | $44K | 20x | as long as short |
| BloFin APR-USDT | +0.0136% | 4h | 0.1486 | +0.229% | $290K | $111K | 50x | as long as short |
| Bitget APRUSDT | +0.0196% | 4h | 0.1482 | −0.020% | $4.0M | $995K | 50x | as long as short |
| Bybit APRUSDT | +0.0215% | 4h | 0.1482 | −0.040% | $1.4M | $631K | 20x | as long as short |
| BingX APR-USDT | +0.0410% | 4h | 0.1482 | −0.040% | — | $1.4M | — | as long as short |
| OKX APR-USDT-SWAP | +0.0444% | 4h | 0.1483 | +0.027% | $1.3M | $2.5M | 20x | as long as short |
| Aster APRUSDT | +0.0793% | 4h | 0.1479 | −0.213% | $72K | $80K | 5x | as long as short |
Show all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin APRUSDTM | +0.0870% | 4h | 0.1482 | −0.054% | $2.4M | $343K | 50x | as long as short |
| Gate APR_USDTshort | +0.1032% | 4h | 0.1481 | −0.108% | $700K | $204K | 25x |
SunX APR-USDT
Gate APR_USDT
Binance APRUSDT
MEXC APR_USDT
HTX APR-USDT
BloFin APR-USDT
Bitget APRUSDT
Bybit APRUSDT
BingX APR-USDT
OKX APR-USDT-SWAP
Aster APRUSDT
KuCoin APRUSDTM