Funding you earn now, next payment 00:00 UTC+0.1344%/8h= +147.2% APRnext payment +$6.72 per $10,000 · paid last 24h +0.122%
Price spread now: MEXC against SunX−0.090%7-day average −0.108% · you buy dearer than you sell
Net, funding: paid 7d − costs−$176as in the Funding arb table
Net, price: spread back to 7d avg − costs−$206as in the Price arb table
costs, in and out, $10k−$2082.082% of the position
Funding, last 7 days+0.325%+$33 on $10k
+Price spread, last 3 days (all we have)−0.151%−$15 · spread now −0.090%, 7d avg −0.108%
=The price spread sits at its 7-day average of −0.108%, so right now this pair is about funding alone: +$40 a day on $10k at the current rate.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.325% in total (about 17.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$6.72 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 | 1.4489 | 0.0100 | pay 0.0050% / 4h | 6m 57s | $1K | $635K | 20x |
| Short | MEXC M_USDT | 1.4476 | 0.1444 | get 0.0722% / 4h | 6m 57s | $243K | $113K | 50x |
SunX M-USDT
MEXC M_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- $282.24
- Price spread: −0.090% → −0.108%
- $1.87
- Slippage, 4 orders
- −$196.22
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 2 bp × 2 orders
- −$4
- Net
- $75.89
- Costs to cover
- 2.082%
- Break-even
- 5.1 days
Slippage from SunX: live order book, 54 min ago; MEXC: live order book, 53 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, 54 min ago | 30.88 bp | 105.7 bp −$106 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 53 min ago | 1.73 bp | 18.5 bp −$19 | 43.6 bp −$436 | 98.9 bp −$9,886 | 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 | 1.4468 | −0.145% | $4.6M | $2.4M | 20x | as long as short |
| Gate M_USDT | +0.0100% | 8h | 1.4437 | −0.359% | $1.9M | $954K | 10x | as long as short |
| Bitget MUSDT | +0.0100% | 4h | 1.4490 | +0.007% | $1.9M | $355K | 10x | as long as short |
| Variational Omni M | +0.0100% | 4h | 1.4440 | −0.339% | $90K | $43K | — | as long as short |
| Orderly PERP_M_USDC | +0.0100% | 4h | 1.4469 | −0.138% | $2K | $596 | 10x | as long as short |
| SunX M-USDTlong | +0.0100% | 4h | 1.4489 | long leg | $1K | $635K | 20x | |
| Aster MUSDT | +0.1035% | 4h | 1.4475 | −0.098% | $15K | $116K | 5x | as long as short |
| BingX M-USDT | +0.1362% | 4h | 1.4469 | −0.138% | — | $2.4M | — | as long as short |
| MEXC M_USDTshort | +0.1444% | 4h | 1.4476 | −0.090% | $243K | $113K | 50x | |
| Binance MUSDT | +0.1445% | 4h | 1.4484 | −0.033% | $5.5M | $4.8M | 10x | as long as short |
Bybit MUSDT
Gate M_USDT
Bitget MUSDT
Variational Omni M
Orderly PERP_M_USDC
Aster MUSDT
BingX M-USDT
Binance MUSDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BloFin M-USDT | +0.1462% | 4h | 1.4467 | −0.152% | $354K | $430K | 10x | as long as short |
| KuCoin MUSDTM | +0.1788% | 4h | 1.4351 | −0.950% | $1.4M | $4.3M | 10x | as long as short |
BloFin M-USDT
KuCoin MUSDTM