Funding you earn now, next payment 00:00 UTC−0.0454%/8h= −49.7% APRnext payment −$2.27 per $10,000 · paid last 24h −0.116%
Price spread now: SunX against Bitget−0.054%7-day average +0.127% · you buy dearer than you sell
Net, funding: paid 7d − costs−$187as in the Funding arb table
Net, price: spread back to 7d avg − costs−$199as in the Price arb table
costs, in and out, $10k−$1801.805% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 3 days (all we have)+0.231%+$23 · spread now −0.054%, 7d avg +0.127%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.182% cheaper against Bitget than usual: you would sell low and buy high (−$18 if the spread goes back to its 7-day average of +0.127%). Swap the legs.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.064% in total (about -3.5% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.27 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BRUSDT | 1.1039 | 0.0554 | pay 0.0277% / 4h | 34m 08s | $8.1M | $12.4M | 10x |
| Short | SunX BR-USDT | 1.1033 | 0.0100 | get 0.0050% / 4h | 34m 08s | — | $695K | 10x |
Bitget BRUSDT
SunX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$95.34
- Price spread: −0.054% → +0.127%
- −$18.15
- Slippage, 4 orders
- −$160.47
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$293.96
- Costs to cover
- 1.805%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 4 min ago; SunX: live order book, 27 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 Bitget live order book, 4 min ago | 2.35 bp | 33.9 bp −$34 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 27 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 | 1.1026 | −0.114% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1015 | −0.218% | $10.7M | $25.5M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1022 | −0.153% | $7.4M | $8.6M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1029 | −0.093% | $261K | $296K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.1033 | −0.054% | — | $695K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.1084 | +0.409% | $85K | $234K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0202% | 4h | 1.1032 | −0.062% | $4.8M | $5.3M | 30x | as long as short |
| Aster BRUSDT | +0.0464% | 4h | 1.1029 | −0.092% | $722K | $2.7M | 5x | as long as short |
| Bitget BRUSDTlong | +0.0554% | 4h | 1.1039 | long leg | $8.1M | $12.4M | 10x | |
| MEXC BR_USDT | +0.1288% | 4h | 1.1041 | +0.018% | $15.3M | $7.4M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1288% | 4h | 1.1039 | −0.002% | $52.9M | $160.3M | 25x | as long as short |
Binance BRUSDT