Settings8H · net · $10k
Funding arb · Price arb /

M

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h 0.000%
Price spread now: Orderly against SunX−0.149%7-day average · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 5 days (all we have)no history yet
Price spread, last 7 daysno price history on both exchanges yet
Together, before feesneeds both histories
Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Orderly is 0.149% cheaper against SunX than usual: you would sell low and buy high, −$15 on $10k if it goes back to zero (this spread has no 7-day history yet).
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX M-USDT1.47450.0100pay 0.0050% / 4h33m 01s$1K$615K20x
ShortOrderly PERP_M_USDC1.47230.0100get 0.0050% / 4h33m 01s$2K$59610x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Orderly 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

Funding earned
$0
Price spread: −0.149% → 0.000%
−$14.92
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Orderly: 3 bp × 2 orders
−$6
Net
−$28.92
Costs to cover
0.140%
Break-even
never at this rate
Slippage unknown: SunX: live order book, 28 min ago; Orderly: no order-book sample. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy SunX live order book, 28 min ago30.88 bp105.7 bp −$106doesn't fitdoesn't fitdoesn't fit
Sell Orderly no order-book sample
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.

M on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bybit MUSDT+0.0100%4h1.4683−0.420%$4.6M$2.3M20xas long as short
Gate M_USDT+0.0100%8h1.4687−0.393%$2.0M$932K10xas long as short
Bitget MUSDT+0.0100%4h1.4726−0.129%$1.9M$363K10xas long as short
Variational Omni M+0.0100%4h1.4800+0.372%$92K$43Kas long as short
Orderly PERP_M_USDCshort+0.0100%4h1.4723−0.149%$2K$59610x
SunX M-USDTlong+0.0100%4h1.4745long leg$1K$615K20x
Aster MUSDT+0.0896%4h1.4685−0.407%$14K$116K5xas long as short
BloFin M-USDT+0.1232%4h1.4720−0.170%$350K$432K10xas long as short
BingX M-USDT+0.1246%4h1.4685−0.407%$2.4Mas long as short
Binance MUSDT+0.1289%4h1.4685−0.407%$5.6M$4.7M10xas long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
MEXC M_USDT+0.1294%4h1.4718−0.183%$250K$111K50xas long as short
KuCoin MUSDTM+0.1430%4h1.4565−1.223%$1.4M$4.3M10xas long as short