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

CRCLX

all CRCLX markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: HTX against SunX−0.084%7-day average +0.030% · you buy dearer than you sell
Net, funding: paid 7d − costs−$84as in the Funding arb table
Net, price: spread back to 7d avg − costs−$97as in the Price arb table
costs, in and out, $10k−$850.855% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.011%+$1 on $10k
Price spread, last 3 days (all we have)+0.139%+$14 · spread now −0.084%, 7d avg +0.030%
Together, before fees+0.150%+$15 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: HTX is 0.114% cheaper against SunX than usual: you would sell low and buy high, −$11 on $10k if it goes back to its 7-day average of +0.030%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CRCLX-USDT94.7700get 0.0000% / 8h23m 35s$846$3.3M10x
ShortHTX CRCLX-USDT94.6900get 0.0000% / 8h23m 35s$201K$264K50x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

HTX 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: −0.084% → +0.030%
−$11.42
Slippage, 4 orders
−$65.45
Fee SunX: 4 bp × 2 orders
−$8
Fee HTX: 6 bp × 2 orders
−$12
Net
−$96.87
Costs to cover
0.855%
Break-even
never at this rate
Slippage from SunX: live order book, 4 min ago; HTX: live order book, 53 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, 4 min ago29.02 bp33.0 bp −$33doesn't fitdoesn't fitdoesn't fit
Sell HTX live order book, 53 min ago3.71 bp9.7 bp −$1017.7 bp −$177doesn't fitdoesn't fit

CRCLX on 3 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
Kraken Futures PF_CRCLXUSD−0.0221%1h94.615−0.163%$1.4M$2.6M20xas long as short
SunX CRCLX-USDTlong0.0000%8h94.770long leg$846$3.3M10x
HTX CRCLX-USDTshort0.0000%8h94.690−0.084%$201K$264K50x