Funding arb · Price arb / Crypto
BIANRENSHENG
All BIANRENSHENG markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.5029 | +0.0324 | pay 0.0162% / 4h | 1h 50m | $1.9M | $24K | 10x | Long Aster≤10% back | |
| SHORT | 0.5023 | +0.0100 | get 0.0050% / 4h | 1h 50m | $4K | $712K | 20x | Short SunX≤10% back |
Price gap−0.119%
Funding gap−0.0224% /8h
The gap pays +$21 on $10k if it goes back to its 7d average, but funding costs $7 a day and eats that in about 3.1 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$45−0.0224% /8h now · paid −0.449% over the last 7D
Price+$21spread −0.119% now, avg −0.327% → +0.208% if it goes back
Costs−$7027.023% of $10k · taker + slippage, in and out
Result−$726−7.26%+ Points / potential airdropAster: Stage 5 · farm boardWhat the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.119%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBIANRENSHENG on 9 exchanges
lowest funding firstBefore you open
4 ok · 2 to watch- Watch: Thin at this size483.1 / 78.6 bpAt $10k entering Aster costs 483.1 bp, fee and slippage, 6.1× SunX’s.
- Note: Margin at max leverage$1,000 + $500Aster 10x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$6.71Long Aster: 6 payments, −$9.71; short SunX: 6 payments, +$3.00.
- OK: Entry gap works for you−0.119% vs −0.327%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$4K vs $1.9M OISunX sets your exit cost. Check its book before closing.
- OK: Points on a legAster Stage 5Volume here counts toward the points program.
- OK: No KYC on either legAster No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0214%/8h × 21 periods−$44.89
Price spread−0.119% → −0.327% (7d avg)+$20.76
Slippage, 4 orderslive order books−$686.35
Fee Aster bp × 2 orders−$8.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$726.48
Costs to cover7.023%Break-evennever at this rate
Slippage: Aster: live order book, 3 min ago; SunX: live order book, 23 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGAster39.56483.1 bp−$483doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX33.1978.6 bp−$79doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.

