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: BingX against SunX−0.077%7-day average −0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$184as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1731.729% of the position
Funding, last 7 days−0.115%−$11 on $10k
+Price spread, last 3 days (all we have)−0.081%−$8 · spread now −0.077%, 7d avg −0.030%
=Both sides work against this trade now: funding costs −$1 a day on $10k at the current rate, and BingX is 0.047% cheaper against SunX than usual: you would sell low and buy high (−$5 if the spread goes back to its 7-day average of −0.030%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BR-USDT | 1.1035 | 0.0100 | pay 0.0050% / 4h | 3h 20m | — | $718K | 10x |
| Short | BingX BR-USDT | 1.1026 | 0.0080 | get 0.0040% / 4h | 3h 20m | — | $6.2M | — |
SunX BR-USDT
BingX BR-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
BingX against SunX. 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: −0.077% → −0.030%
- −$4.74
- Slippage, 4 orders
- −$154.87
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$181.81
- Costs to cover
- 1.729%
- Break-even
- never at this rate
Slippage from SunX: live order book, 31 min ago; BingX: live order book, 15 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 SunX live order book, 31 min ago | 45.45 bp | 63.6 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 15 min ago | 3.16 bp | 15.9 bp −$16 | 45.5 bp −$455 | 341.5 bp −$34.1K | 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-USDTshort | +0.0080% | 4h | 1.1026 | −0.077% | — | $6.2M | — | |
| Bybit BRUSDT | +0.0100% | 4h | 1.1011 | −0.219% | $10.7M | $25.8M | 5x | as long as short |
| Gate BR_USDT | +0.0100% | 4h | 1.1007 | −0.254% | $7.4M | $8.8M | 20x | as long as short |
| Variational Omni BR | +0.0100% | 4h | 1.0987 | −0.432% | $258K | $296K | — | as long as short |
| SunX BR-USDTlong | +0.0100% | 4h | 1.1035 | long leg | — | $718K | 10x | |
| HTX BR-USDT | +0.0100% | 4h | 1.1055 | +0.183% | $83K | $248K | 20x | as long as short |
| KuCoin BRUSDTM | +0.0106% | 4h | 1.1018 | −0.153% | $4.7M | $5.3M | 30x | as long as short |
| Bitget BRUSDT | +0.0244% | 4h | 1.1004 | −0.282% | $8.1M | $12.5M | 10x | as long as short |
| Aster BRUSDT | +0.0517% | 4h | 1.1006 | −0.257% | $664K | $2.9M | 5x | as long as short |
| MEXC BR_USDT | +0.1190% | 4h | 1.1029 | −0.051% | $15.1M | $7.4M | 100x | as long as short |
Bybit BRUSDT
Gate BR_USDT
Variational Omni BR
HTX BR-USDT
KuCoin BRUSDTM
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 | +0.1190% | 4h | 1.1032 | −0.022% | $52.8M | $162.3M | 25x | as long as short |
Binance BRUSDT