Funding arb · Price arb /

FF

all FF markets

Swap Backtest

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 0.000%

Price spread now: SunX against BingX−0.187%7-day average +0.127% · you buy dearer than you sell

to open and closeno order booka leg has no order-book sample

Long on BingX Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days0.000%$0 on $10k

Price spread, last 3 days (all we have)+0.576%+$58 · spread now −0.187%, 7d avg +0.127%

Together, before fees+0.576%+$58 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: SunX is 0.314% cheaper against BingX than usual: you would sell low and buy high, −$31 on $10k if it goes back to its 7-day average of +0.127%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	BingX FF-USDT	0.1282	0.0100	pay 0.0050% / 4h	2h 32m	—	$6.7M	—
Short	SunX FF-USDT	0.1279	0.0100	get 0.0050% / 4h	2h 32m	$2K	$1.3M	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against BingX. 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

Position, each leg$Hold fordaysFee BingXbpFee SunXbpOrdersPrice spread, now −0.187%Rate

Funding earned: $0
Price spread: −0.187% → +0.127%: −$31.44
Slippage, 4 orders: no order book: not counted
Fee BingX: 5 bp × 2 orders: −$10
Fee SunX: 4 bp × 2 orders: −$8
Net: −$49.44
Costs to cover: 0.180%
Break-even: never at this rate

Slippage unknown: BingX: live order book, 10 min ago; SunX: live order book, 12 min ago. Net counts fees only.

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 BingX live order book, 10 min ago	2.73 bp	15.0 bp −$15	43.7 bp −$437	doesn't fit	doesn't fit
Sell SunX live order book, 12 min ago	500.33 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

FF on 10 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
Binance FFUSDT	−0.0036%	4h	0.1281	−0.039%	$43.3M	$20.2M	20x	as long as short
MEXC FF_USDT	−0.0034%	4h	0.1281	−0.039%	$10.1M	$756K	50x	as long as short
Aster FFUSDT	+0.0100%	4h	0.1282	+0.038%	$1.2M	$17K	5x	as long as short
Bybit FFUSDT	+0.0100%	4h	0.1282	0.000%	$14.4M	$5.3M	20x	as long as short
KuCoin FFUSDTM	+0.0100%	4h	0.1283	+0.055%	$8.6M	$5.1M	20x	as long as short
Bitget FFUSDT	+0.0100%	4h	0.1283	+0.062%	$18.7M	$1.3M	5x	as long as short
BingX FF-USDTlong	+0.0100%	4h	0.1282	long leg	—	$6.7M	—
SunX FF-USDTshort	+0.0100%	4h	0.1279	−0.187%	$2K	$1.3M	20x
Gate FF_USDT	+0.0128%	4h	0.1283	+0.125%	$27.0M	$1.5M	50x	as long as short
Lighter FF	+0.0624%	1h	0.1286	+0.304%	$136K	$35K	3x	as long as short