Funding you earn now, next payment 00:00 UTC−0.0208%/8h= −22.8% APRnext payment −$1.04 per $10,000 · paid last 24h −0.043%
Price spread now: SunX against Gate+0.118%7-day average +0.136% · you sell dearer than you buy
Net, funding: paid 7d − costs−$200as in the Funding arb table
Net, price: spread back to 7d avg − costs−$195as in the Price arb table
costs, in and out, $10k−$1931.928% of the position
Funding, last 7 days−0.068%−$7 on $10k
+Price spread, last 3 days (all we have)+0.136%+$14 · spread now +0.118%, 7d avg +0.136%
=The price spread sits at its 7-day average of +0.136%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.068% in total (about -3.8% a year). A funding rate is set anew for every payment; at this rate the next one is about −$1.04 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 | Gate BR_USDT | 1.1106 | 0.0308 | pay 0.0154% / 4h | 1h 40m | $7.5M | $8.7M | 20x |
| Short | SunX BR-USDT | 1.1119 | 0.0100 | get 0.0050% / 4h | 1h 40m | — | $689K | 10x |
Gate BR_USDT
SunX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$43.68
- Price spread: +0.118% → +0.136%
- −$1.8
- Slippage, 4 orders
- −$169.78
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$238.25
- Costs to cover
- 1.928%
- Break-even
- never at this rate
Slippage from Gate: live order book, 3 min ago; SunX: live order book, 31 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 Gate live order book, 3 min ago | 0.76 bp | 29.2 bp −$29 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 31 min ago | 44.52 bp | 63.4 bp −$63 | 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 | 1.1114 | +0.076% | — | $6.3M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.1103 | −0.021% | $10.8M | $25.9M | 5x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1126 | +0.179% | $265K | $296K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.1119 | +0.118% | — | $689K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.1181 | +0.676% | $86K | $238K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0304% | 4h | 1.1115 | +0.080% | $4.9M | $5.5M | 30x | as long as short |
| Gate BR_USDTlong | +0.0308% | 4h | 1.1106 | long leg | $7.5M | $8.7M | 20x | |
| Aster BRUSDT | +0.0544% | 4h | 1.1113 | +0.065% | $728K | $2.7M | 5x | as long as short |
| Bitget BRUSDT | +0.0714% | 4h | 1.1110 | +0.040% | $8.1M | $12.6M | 10x | as long as short |
| Binance BRUSDT | +0.1175% | 4h | 1.1118 | +0.106% | $53.3M | $164.1M | 25x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Variational Omni BR
HTX BR-USDT
KuCoin BRUSDTM
Aster BRUSDT
Bitget BRUSDT
Binance BRUSDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC BR_USDT | +0.1180% | 4h | 1.1110 | +0.037% | $15.3M | $7.5M | 100x | as long as short |
MEXC BR_USDT