Funding you earn now, next payment 04:00 UTC+0.0020%/8h= +2.2% APRnext payment +$0.10 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against BingX−0.083%7-day average +0.032% · you buy dearer than you sell
Net, funding: paid 7d − costs−$150as in the Funding arb table
Net, price: spread back to 7d avg − costs−$173as in the Price arb table
costs, in and out, $10k−$1621.619% of the position
Funding, last 7 days+0.115%+$11 on $10k
+Price spread, last 4 days (all we have)+0.138%+$14 · spread now −0.083%, 7d avg +0.032%
=Funding pays, the price is against you. SunX is 0.115% cheaper against BingX than usual: you would sell low and buy high (spread −0.083% now, against its 7-day average of +0.032%). If the spread goes back, that is −$12 on $10k: about 19 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.115% in total) that is about 6.8 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX BR-USDT | 1.1319 | 0.0080 | pay 0.0040% / 4h | 3m 49s | — | $5.9M | — |
| Short | SunX BR-USDT | 1.1310 | 0.0100 | get 0.0050% / 4h | 3m 49s | — | $711K | 10x |
BingX BR-USDT
SunX BR-USDTFunding 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $4.2
- Price spread: −0.083% → +0.032%
- −$11.51
- Slippage, 4 orders
- −$143.89
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$169.2
- Costs to cover
- 1.619%
- Break-even
- 289.0 days
Slippage from BingX: live order book, 6 min ago; SunX: live order book, 18 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, 6 min ago | 2.38 bp | 17.3 bp −$17 | 77.0 bp −$770 | 552.0 bp −$55.2K | doesn't fit |
| Sell SunX live order book, 18 min ago | 45.24 bp | 64.1 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-USDTlong | +0.0080% | 4h | 1.1319 | long leg | — | $5.9M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1308 | −0.098% | $10.8M | $23.0M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1312 | −0.064% | $7.5M | $8.3M | 20x | as long as short |
| KuCoin BRUSDTM | +0.0100% | 4h | 1.1311 | −0.068% | $4.9M | $5.0M | 30x | as long as short |
| Bitget BRUSDT | +0.0100% | 4h | 1.1317 | −0.022% | $8.3M | $10.9M | 10x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1298 | −0.185% | $264K | $255K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.1310 | −0.083% | — | $711K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.1361 | +0.368% | $87K | $250K | 20x | as long as short |
| Aster BRUSDT | +0.0414% | 4h | 1.1313 | −0.053% | $664K | $2.4M | 5x | as long as short |
| MEXC BR_USDT | +0.0676% | 4h | 1.1327 | +0.066% | $15.4M | $6.9M | 100x | as long as short |
Bybit BRUSDT
Gate BR_USDT
KuCoin BRUSDTM
Bitget BRUSDT
Variational Omni BR
HTX BR-USDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.0680% | 4h | 1.1319 | −0.002% | $54.0M | $140.4M | 25x | as long as short |
Binance BRUSDT