BILL

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.0192%/8h= +21.0% APRnext payment +$0.96 per $10,000 · paid last 24h +0.050%

Price spread now: BingX against SunX−0.217%7-day average −0.134% · you buy dearer than you sell

Net, funding: paid 7d − costs−$302as in the Funding arb table

Net, price: spread back to 7d avg − costs−$345as in the Price arb table

costs, in and out, $10k−$3373.368% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

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

Price spread, last 4 days (all we have)−0.033%−$3 · spread now −0.217%, 7d avg −0.134%

Together, before fees+0.317%+$32 on $10k · with fees, hour by hour

Funding pays, the price is against you. BingX is 0.082% cheaper against SunX than usual: you would sell low and buy high (spread −0.217% now, against its 7-day average of −0.134%). If the spread goes back, that is −$8 on $10k: about 34 hours of funding at the current rate (+$6 a day).

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BILL-USDT	0.01384	0.0100	pay 0.0050% / 4h	30m 24s	$2K	$1.1M	20x
Short	BingX BILL-USDT	0.01381	0.0292	get 0.0146% / 4h	30m 24s	—	$1.7M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX 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

Position, each leg$Hold fordaysFee SunXbpFee BingXbpOrdersPrice spread, now −0.217%Rate

Funding earned: $40.32
Price spread: −0.217% → −0.134%: −$8.24
Slippage, 4 orders: −$318.81
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: −$304.73
Costs to cover: 3.368%
Break-even: 59.9 days

Slippage from SunX: live order book, 3 min ago; BingX: live order book, 2 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 SunX live order book, 3 min ago	36.21 bp	116.6 bp −$117	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	7.24 bp	29.2 bp −$29	119.2 bp −$1,192	968.7 bp −$96.9K	1390.6 bp −$695.3K

BILL on 16 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	0.01381	−0.217%	$1.3M	$996K	20x	as long as short
Gate BILL_USDT	+0.0100%	4h	0.01382	−0.145%	$278K	$85K	20x	as long as short
Bitget BILLUSDT	+0.0100%	4h	0.01381	−0.217%	$646K	$1.1M	20x	as long as short
Backpack BILL_USDC_PERP	+0.0100%	1h	0.01379	−0.361%	$21K	$951	5x	as long as short
SunX BILL-USDTlong	+0.0100%	4h	0.01384	long leg	$2K	$1.1M	20x
HTX BILL-USDT	+0.0100%	4h	0.01364	−1.445%	$11K	$39K	20x	as long as short
BloFin BILL-USDT	+0.0115%	4h	0.01376	−0.578%	$146K	$19K	20x	as long as short
OKX BILL-USDT-SWAP	+0.0131%	4h	0.01382	−0.145%	$1.1M	$2.8M	20x	as long as short
Aster BILLUSDT	+0.0155%	4h	0.01382	−0.149%	$2K	$4K	5x	as long as short
MEXC BILL_USDT	+0.0284%	4h	0.01381	−0.217%	$1.1M	$341K	50x	as long as short

Show all 16 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Binance BILLUSDT	+0.0284%	4h	0.01383	−0.083%	$2.5M	$3.9M	20x	as long as short
Extended BILL-USD	+0.0288%	1h	0.01383	−0.100%	$2K	$220K	5x	as long as short
BingX BILL-USDTshort	+0.0292%	4h	0.01381	−0.217%	—	$1.7M	—
Coinbase International BILL-PERP-INTX	+0.0688%	1h	0.01381	−0.181%	$66K	$72K	50x	as long as short
KuCoin BILLUSDTM	+0.1354%	4h	0.01382	−0.137%	$460K	$314K	20x	as long as short
Deribit BILL_USDC-PERPETUAL	+0.2069%	1h	0.01383	−0.058%	$108K	$14K	10x	as long as short