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 | 0.04129 | +0.0100 | get 0.0100% / 8h | 1h 57m | $628K | $219K | 50x | Short Bybit |
Price gap−0.793%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$38 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+$38spread −0.793% now, avg −1.168% → +0.375% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$38+0.38%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−0.793%
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$500 + $200SunX 20x, Bybit 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 6 payments, −$3.00; short Bybit: 3 payments, +$3.00.
- OK: Entry gap works for you−0.793% vs −1.168%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $628K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−0.793% → −1.168% (7d avg)+$37.50
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 40 min ago; Bybit: live order book, 37 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX262.32doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit2.4332.7 bp−$33310.5 bp−$3,105doesn’t fitdoesn’t fit
Closing costs about the same again.

