Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04162 | +0.0100 | pay 0.0050% / 4h | 1h 57m | $1K | $795K | 20x | Long SunX≤10% back | |
| SHORT | 0.04138 | +0.0100 | get 0.0050% / 4h | 1h 57m | $1.6M | $2.0M | 50x | Short Binance |
Price gap−0.571%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$56 on $10k if the gap goes back to its 7d average.
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+$56spread −0.571% now, avg −1.128% → +0.557% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$56+0.56%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−0.571%
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
2 ok · 3 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$500 + $200SunX 20x, Binance 50x. 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 SunX: 6 payments, −$3.00; short Binance: 6 payments, +$3.00.
- OK: Entry gap works for you−0.571% vs −1.128%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $1.6M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Binance YesVerified 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−0.571% → −1.128% (7d avg)+$55.67
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 40 min ago; Binance: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX262.32doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance2.4327.1 bp−$2786.6 bp−$866doesn’t fitdoesn’t fit
Closing costs about the same again.