Funding you earn now, next payment 12:00 UTC−0.0542%/8h= −59.3% APRnext payment −$2.71 per $10,000 · paid last 24h −0.080%
Price spread now: SunX against Bitget−0.009%7-day average −0.096% · you buy dearer than you sell
Net, funding: paid 7d − costs−$195as in the Funding arb table
Net, price: spread back to 7d avg − costs−$178as in the Price arb table
costs, in and out, $10k−$1871.871% of the position
Funding, last 7 days−0.081%−$8 on $10k
+Price spread, last 4 days (all we have)+1.909%+$191 · spread now −0.009%, 7d avg −0.096%
=The price spread pays, funding is against you. SunX is 0.088% dearer against Bitget than usual: you sell high and buy low (spread −0.009% now, against its 7-day average of −0.096%): +$9 on $10k if it goes back. Holding the pair costs −$16 a day in funding at the current rate, which eats that in about 13 hours. At the pace of the last 7 days (−0.081% in total) that is about 7.6 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.081% in total (about -4.2% a year). A funding rate is set anew for every payment; at this rate the next one is about −$2.71 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 | Bitget MARSCOINUSDT | 0.1168 | 0.0642 | pay 0.0321% / 4h | 3h 18m | $2.6M | $7.7M | 20x |
| Short | SunX MARSCOIN-USDT | 0.1168 | 0.0100 | get 0.0050% / 4h | 3h 18m | — | $878K | 10x |
Bitget MARSCOINUSDT
SunX MARSCOIN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$113.82
- Price spread: −0.009% → −0.096%
- $8.78
- Slippage, 4 orders
- −$167.06
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$292.1
- Costs to cover
- 1.871%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 10 min ago; SunX: live order book, 23 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 Bitget live order book, 10 min ago | 7.76 bp | 30.3 bp −$30 | 90.3 bp −$903 | doesn't fit | doesn't fit |
| Sell SunX live order book, 23 min ago | 45.82 bp | 64.7 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
MARSCOIN 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 | |
|---|---|---|---|---|---|---|---|---|
| Gate MARSCOIN_USDT | +0.0100% | 4h | 0.1171 | +0.214% | $2.1M | $2.3M | 20x | as long as short |
| SunX MARSCOIN-USDTshort | +0.0100% | 4h | 0.1168 | −0.009% | — | $878K | 10x | |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1175 | +0.599% | $93K | $748K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1168 | −0.026% | $1.7M | $2.5M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0563% | 4h | 0.1171 | +0.214% | $27.4M | $68.2M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0566% | 4h | 0.1172 | +0.282% | $3.4M | $1.4M | 20x | as long as short |
| Bitget MARSCOINUSDTlong | +0.0642% | 4h | 0.1168 | long leg | $2.6M | $7.7M | 20x | |
| Bybit MARSCOINUSDT | +0.0745% | 4h | 0.1169 | +0.068% | $8.4M | $15.1M | 20x | as long as short |
| Aster MARSCOINUSDT | +0.0796% | 4h | 0.1170 | +0.121% | $628K | $969K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0808% | 4h | 0.1170 | +0.163% | $1.3M | $496K | 20x | as long as short |
Gate MARSCOIN_USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
Bybit MARSCOINUSDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MARSCOIN-USDT | +0.0874% | 4h | 0.1167 | −0.077% | — | $1.3M | — | as long as short |
| KuCoin MARSCOINUSDTM | +0.1300% | 4h | 0.1171 | +0.223% | $1.6M | $2.8M | 20x | as long as short |
BingX MARSCOIN-USDT
KuCoin MARSCOINUSDTM