M

Alert: funding

Alert: spread

Funding you earn now, next payment 04:00 UTC+0.1282%/8h= +140.4% APRnext payment +$6.41 per $10,000 · paid last 24h +0.131%

Price spread now: Aster against SunX−0.033%7-day average −0.141% · you buy dearer than you sell

Net, funding: paid 7d − costs—under 7 days of funding history

Net, price: spread back to 7d avg − costs−$381as in the Price arb table

costs, in and out, $10k−$3923.922% of the position

Long on SunX Short on Aster

What this pair did over the last

the charts below follow

Funding, last 5 days (all we have)+0.271%+$27 on $10k

Price spread, last 3 days (all we have)−0.237%−$24 · spread now −0.033%, 7d avg −0.141%

Together, before fees+0.034%+ Points / potential airdropAster: Stage 5 · farm board+$3 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$38 a day on $10k at the current rate, and Aster is 0.108% dearer against SunX than usual: you sell high and buy low: +$11 more if the spread goes back to its 7-day average of −0.141%.

The current funding rate is far above what this pair has been paying: over the last 5 days it paid 0.271% in total (about 18.4% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX M-USDT	1.4458	0.0100	pay 0.0050% / 4h	2h 51m	$2K	$671K	20x
Short	Aster MUSDT	1.4453	0.1382	get 0.0691% / 4h	2h 51m	$14K	$90K	5x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

Aster against SunX. 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 SunXbpFee AsterbpOrdersPrice spread, now −0.033%Rate

Funding earned: $269.19
Price spread: −0.033% → −0.141%: $10.82
Slippage, 4 orders: −$376.22
Fee SunX: 4 bp × 2 orders: −$8
Fee Aster: 4 bp × 2 orders: −$8
Net: −$112.22
Costs to cover: 3.922%
Break-even: 9.9 days

Slippage from SunX: live order book, 60 min ago; Aster: live order book, 15 min ago.

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 SunX live order book, 60 min ago	30.51 bp	108.7 bp −$109	doesn't fit	doesn't fit	doesn't fit
Sell Aster live order book, 15 min ago	14.90 bp	116.2 bp −$116	doesn't fit	doesn't fit	doesn't fit

M on 12 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
Bybit MUSDT	+0.0100%	4h	1.4469	+0.076%	$4.5M	$1.9M	20x	as long as short
Gate M_USDT	+0.0100%	8h	1.4433	−0.173%	$1.9M	$862K	10x	as long as short
Variational Omni M	+0.0100%	4h	1.4460	+0.016%	$90K	$43K	—	as long as short
Orderly PERP_M_USDC	+0.0100%	4h	1.4471	+0.090%	$2K	$496	10x	as long as short
SunX M-USDTlong	+0.0100%	4h	1.4458	long leg	$2K	$671K	20x
Bitget MUSDT	+0.0206%	4h	1.4481	+0.159%	$1.9M	$243K	10x	as long as short
Aster MUSDTshort	+0.1382%	4h	1.4453	−0.033%	$14K	$90K	5x
BingX M-USDT	+0.1692%	4h	1.4459	+0.007%	—	$2.4M	—	as long as short
Binance MUSDT	+0.1759%	4h	1.4470	+0.083%	$5.6M	$3.7M	10x	as long as short
BloFin M-USDT	+0.1760%	4h	1.4430	−0.194%	$359K	$427K	10x	as long as short

Show all 12 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
MEXC M_USDT	+0.1764%	4h	1.4446	−0.083%	$242K	$105K	50x	as long as short
KuCoin MUSDTM	+0.3690%	4h	1.4328	−0.902%	$1.4M	$4.1M	10x	as long as short