Funding you earn now, next payment 04:00 UTC−0.0018%/8h= −2.0% APRnext payment −$0.09 per $10,000 · paid last 24h −0.098%
Price spread now: SunX against KuCoin−0.519%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$284as in the Funding arb table
Net, price: spread back to 7d avg − costs−$324as in the Price arb table
costs, in and out, $10k−$2642.640% of the position
Funding, last 7 days−0.196%−$20 on $10k
+Price spread, last 3 days (all we have)+0.694%+$69 · spread now −0.519%, 7d avg +0.084%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and SunX is 0.603% cheaper against KuCoin than usual: you would sell low and buy high (−$60 if the spread goes back to its 7-day average of +0.084%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BRUSDTM | 1.0985 | 0.0118 | pay 0.0059% / 4h | 3h 37m | $4.7M | $5.3M | 30x |
| Short | SunX BR-USDT | 1.0928 | 0.0100 | get 0.0050% / 4h | 3h 37m | — | $716K | 10x |
KuCoin BRUSDTM
SunX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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
- −$3.78
- Price spread: −0.519% → +0.084%
- −$60.26
- Slippage, 4 orders
- −$243.96
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$328
- Costs to cover
- 2.640%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; SunX: live order book, 14 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 KuCoin live order book, 10 min ago | 5.57 bp | 44.4 bp −$44 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 14 min ago | 45.45 bp | 73.4 bp −$73 | 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 | 1.0989 | +0.034% | — | $6.2M | — | as long as short |
| Bybit BRUSDT | +0.0100% | 4h | 1.0983 | −0.024% | $10.6M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.0964 | −0.196% | $7.3M | $8.7M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.1067 | +0.742% | $264K | $293K | — | as long as short |
| SunX BR-USDTshort | +0.0100% | 4h | 1.0928 | −0.519% | — | $716K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.0963 | −0.206% | $83K | $247K | 20x | as long as short |
| KuCoin BRUSDTMlong | +0.0118% | 4h | 1.0985 | long leg | $4.7M | $5.3M | 30x | |
| Bitget BRUSDT | +0.0288% | 4h | 1.1000 | +0.134% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0441% | 4h | 1.0922 | −0.572% | $668K | $2.9M | 5x | as long as short |
| MEXC BR_USDT | +0.1176% | 4h | 1.0990 | +0.041% | $15.1M | $7.4M | 100x | as long as short |
BingX BR-USDT
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
HTX BR-USDT
Bitget BRUSDT
Aster BRUSDT
MEXC BR_USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Binance BRUSDT | +0.1178% | 4h | 1.0994 | +0.076% | $52.6M | $162.1M | 25x | as long as short |
Binance BRUSDT