Settings8H · net · $10k
Funding arb · Price arb /

BR

all BR markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.043%
Price spread now: Gate against SunX−0.062%7-day average −0.142% · you buy dearer than you sell
Net, funding: paid 7d − costs−$213as in the Funding arb table
Net, price: spread back to 7d avg − costs−$211as in the Price arb table
costs, in and out, $10k−$2192.189% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.063%+$6 on $10k
Price spread, last 4 days (all we have)−0.271%−$27 · spread now −0.062%, 7d avg −0.142%
Together, before fees−0.208%−$21 on $10k · with fees, hour by hour
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Gate is 0.080% dearer against SunX than usual: you sell high and buy low, +$8 on $10k if it goes back to its 7-day average of −0.142%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX BR-USDT1.10100.0100pay 0.0050% / 4h56m 12s$713K10x
ShortGate BR_USDT1.10030.0100get 0.0050% / 4h56m 12s$7.4M$8.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Gate against SunX. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$0
Price spread: −0.062% → −0.142%
$8.03
Slippage, 4 orders
−$195.92
Fee SunX: 4 bp × 2 orders
−$8
Fee Gate: 7.5 bp × 2 orders
−$15
Net
−$210.89
Costs to cover
2.189%
Break-even
never at this rate
Slippage from SunX: live order book, 35 min ago; Gate: live order book, 2 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 35 min ago45.29 bp63.5 bp −$64doesn't fitdoesn't fitdoesn't fit
Sell Gate live order book, 2 min ago3.01 bp39.3 bp −$39416.3 bp −$4,163doesn't fitdoesn't fit

BR on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
BingX BR-USDT+0.0080%4h1.0993−0.155%$6.0Mas long as short
Bybit BRUSDT+0.0100%4h1.0998−0.111%$10.6M$24.1M5xas long as short
Gate BR_USDTshort+0.0100%4h1.1003−0.062%$7.4M$8.2M20x
Variational Omni BR+0.0100%4h1.1053+0.391%$259K$271Kas long as short
SunX BR-USDTlong+0.0100%4h1.1010long leg$713K10x
HTX BR-USDT+0.0100%4h1.1038+0.253%$85K$245K20xas long as short
Bitget BRUSDT+0.0182%4h1.1006−0.033%$8.1M$11.4M10xas long as short
KuCoin BRUSDTM+0.0228%4h1.0993−0.157%$4.8M$5.1M30xas long as short
Aster BRUSDT+0.0531%4h1.0989−0.194%$647K$2.5M5xas long as short
Binance BRUSDT+0.0850%4h1.1007−0.025%$52.6M$148.4M25xas long as short
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC BR_USDT+0.0856%4h1.1025+0.139%$15.0M$6.8M100xas long as short