Funding you earn now, next payment 00:00 UTC−0.1130%/8h= −123.7% APRnext payment −$5.65 per $10,000 · paid last 24h −0.287%
Price spread now: SunX against Binance−0.087%7-day average −0.040% · you buy dearer than you sell
Net, funding: paid 7d − costs−$331as in the Funding arb table
Net, price: spread back to 7d avg − costs−$162as in the Price arb table
costs, in and out, $10k−$1581.578% of the position
Funding, last 7 days−1.734%−$173 on $10k
+Price spread, last 3 days (all we have)+0.063%+$6 · spread now −0.087%, 7d avg −0.040%
=Both sides work against this trade now: funding costs −$34 a day on $10k at the current rate, and SunX is 0.047% cheaper against Binance than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.040%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Binance BRUSDT | 1.0977 | 0.1230 | pay 0.0615% / 4h | 7m 06s | $52.6M | $161.8M | 25x |
| Short | SunX BR-USDT | 1.0968 | 0.0100 | get 0.0050% / 4h | 7m 06s | — | $709K | 10x |
Binance BRUSDT
SunX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Binance. 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
- −$237.25
- Price spread: −0.087% → −0.040%
- −$4.67
- Slippage, 4 orders
- −$139.77
- Fee Binance: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$399.69
- Costs to cover
- 1.578%
- Break-even
- never at this rate
Slippage from Binance: live order book, 6 min ago; SunX: live order book, 54 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 Binance live order book, 6 min ago | 0.95 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 54 min ago | 45.13 bp | 63.9 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
BR on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| BingX BR-USDT | +0.0080% | 4h | 1.0974 | −0.029% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.0967 | −0.090% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0968 | −0.081% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1043 | +0.601% | $263K | $292K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.0968 | −0.087% | — | $709K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.0999 | +0.199% | $83K | $244K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0158% | 4h | 1.0956 | −0.192% | $4.6M | $5.4M | 30x | as long as short |
| Aster BRUSDT | +0.0384% | 4h | 1.0982 | +0.047% | $681K | $2.9M | 5x | as long as short |
| Bitget BRUSDT | +0.0404% | 4h | 1.0965 | −0.112% | $7.9M | $12.5M | 10x | as long as short |
| MEXC BR_USDT | +0.1228% | 4h | 1.0958 | −0.172% | $15.1M | $7.6M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDTlong | +0.1230% | 4h | 1.0977 | long leg | $52.6M | $161.8M | 25x |