BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC−0.0240%/8h= −26.3% APRnext payment −$1.20 per $10,000 · paid last 24h −0.050%

Price spread now: SunX against BingX0.000%7-day average +0.137% · you sell dearer than you buy

Net, funding: paid 7d − costs−$352as in the Funding arb table

Net, price: spread back to 7d avg − costs−$331as in the Price arb table

costs, in and out, $10k−$3173.169% of the position

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.350%−$35 on $10k

Price spread, last 3 days (all we have)+0.214%+$21 · spread now 0.000%, 7d avg +0.137%

Together, before fees−0.136%−$14 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs −$7 a day on $10k at the current rate, and SunX is 0.137% cheaper against BingX than usual: you would sell low and buy high (−$14 if the spread goes back to its 7-day average of +0.137%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX BILL-USDT	0.01383	0.0340	pay 0.0170% / 4h	2h 06m	—	$1.7M	—
Short	SunX BILL-USDT	0.01383	0.0100	get 0.0050% / 4h	2h 06m	$2K	$1.1M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee SunXbpOrdersPrice spread, now 0.000%Rate

Funding earned: −$50.4
Price spread: 0.000% → +0.137%: −$13.68
Slippage, 4 orders: −$298.9
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$380.98
Costs to cover: 3.169%
Break-even: never at this rate

Slippage from BingX: live order book, 11 min ago; SunX: live order book, 7 min ago.

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 BingX live order book, 11 min ago	10.90 bp	36.5 bp −$36	111.3 bp −$1,113	doesn't fit	doesn't fit
Sell SunX live order book, 7 min ago	36.26 bp	140.3 bp −$140	doesn't fit	doesn't fit	doesn't fit

BILL on 15 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
Bybit BILLUSDT	+0.0100%	4h	0.01383	0.000%	$1.3M	$959K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0100%	4h	0.01384	+0.072%	$1.0M	$2.7M	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01383	0.000%	$280K	$84K	20x	as long as short
Bitget BILLUSDT	+0.0100%	4h	0.01383	0.000%	$637K	$1.0M	20x	as long as short
SunX BILL-USDTshort	+0.0100%	4h	0.01383	0.000%	$2K	$1.1M	20x
Aster BILLUSDT	+0.0149%	4h	0.01382	−0.072%	$2K	$4K	5x	as long as short
Backpack BILL_USDC_PERP	+0.0314%	1h	0.01382	−0.072%	$21K	$939	5x	as long as short
BingX BILL-USDTlong	+0.0340%	4h	0.01383	long leg	—	$1.7M	—
Extended BILL-USD	+0.0344%	1h	0.01384	+0.049%	$1K	$225K	5x	as long as short
MEXC BILL_USDT	+0.0346%	4h	0.01384	+0.072%	$1.0M	$336K	50x	as long as short

Show all 15 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BILLUSDT	+0.0365%	4h	0.01385	+0.111%	$2.5M	$3.7M	20x	as long as short
HTX BILL-USDT	+0.0510%	4h	0.01378	−0.362%	$13K	$22K	20x	as long as short
Coinbase International BILL-PERP-INTX	+0.0632%	1h	0.01375	−0.578%	$46K	$51K	50x	as long as short
KuCoin BILLUSDTM	+0.1486%	4h	0.01384	+0.072%	$454K	$298K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.1996%	1h	0.01384	+0.036%	$108K	$14K	10x	as long as short