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

GUN

all GUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.0131%/8h= −14.4% APRnext payment $0.66 per $10,000 · paid last 24h +0.102%
Price spread now: Bybit against Binance+0.164%7-day average +0.065% · you sell dearer than you buy
Net, funding: paid 7d − costs−$208as in the Funding arb table
Net, price: spread back to 7d avg − costs−$210as in the Price arb table
costs, in and out, $10k−$2202.197% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.112%+$11 on $10k
Price spread, last 4 days (all we have)−0.100%−$10 · spread now +0.164%, 7d avg +0.065%
Together, before fees+0.012%+$1 on $10k · with fees, hour by hour
The price spread pays, funding is against you. Bybit is 0.099% dearer against Binance than usual: you sell high and buy low (spread +0.164% now, against its 7-day average of +0.065%): +$10 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 2.5 days. Mind the row above: over the last 7 days funding on this pair paid +0.112%, so the current rate has only just turned against you.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance GUNUSDT0.0030490.0231pay 0.0116% / 4h2h 31m$2.1M$4.3M10x
ShortBybit GUNUSDT0.0030540.0100get 0.0050% / 4h2h 31m$529K$970K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Bybit against Binance. 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
−$27.58
Price spread: +0.164% → +0.065%
$9.9
Slippage, 4 orders
−$198.7
Fee Binance: 5 bp × 2 orders
−$10
Fee Bybit: 5.5 bp × 2 orders
−$11
Net
−$237.37
Costs to cover
2.197%
Break-even
never at this rate
Slippage from Binance: live order book, 6 min ago; Bybit: live order book, 34 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 Binance live order book, 6 min ago4.96 bp30.2 bp −$30708.7 bp −$7,087doesn't fitdoesn't fit
Sell Bybit live order book, 34 min ago4.93 bp72.8 bp −$73164.5 bp −$1,645doesn't fitdoesn't fit

GUN on 8 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
Bybit GUNUSDTshort+0.0100%4h0.003054+0.164%$529K$970K20x
Gate GUN_USDT+0.0100%4h0.003052+0.098%$184K$116K20xas long as short
KuCoin GUNUSDTM+0.0100%4h0.003052+0.098%$329K$119K30xas long as short
Bitget GUNUSDT+0.0100%4h0.003053+0.131%$537K$274K10xas long as short
Binance GUNUSDTlong+0.0231%4h0.003049long leg$2.1M$4.3M10x
BingX GUN-USDT+0.0234%4h0.003052+0.098%$1.3Mas long as short
MEXC GUN_USDT+0.0236%4h0.003048−0.033%$678K$281K50xas long as short
Aster GUNUSDT+0.0887%4h0.003049−0.008%$7K$11K5xas long as short