Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04142 | +0.0100 | pay 0.0050% / 4h | 3h 04m | $1.6M | $1.9M | 50x | Long Binance | |
| SHORT | 0.04183 | +0.0100 | get 0.0050% / 4h | 3h 04m | $2K | $787K | 20x | Short SunX≤10% back |
Price gap+0.990%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.154% under its 7d average: the price leg works against you, −$15 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price−$15spread +0.990% now, avg +1.144% → −0.154% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$15−0.15%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.990%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hLUNA on 14 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$200 + $500Binance 50x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Binance: 6 payments, −$3.00; short SunX: 6 payments, +$3.00.
- Watch: Gap narrower than usual+0.990% vs +1.144%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2K vs $1.6M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · SunX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.990% → +1.144% (7d avg)−$15.41
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Binance bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Binance: live order book, 10 min ago; SunX: live order book, 38 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance1.2117.0 bp−$1776.9 bp−$769doesn’t fitdoesn’t fit
SELL · SHORTSunX262.23doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.