Funding you earn now, next payment 12:00 UTC+0.0794%/8h= +86.9% APRnext payment +$3.97 per $10,000 · paid last 24h +0.114%
Price spread now: Bybit against SunX+0.375%46s7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$2242.235% of the position
Funding, last 7 days+0.144%+$14 on $10k
+Price spread, last 4 days (all we have)−2.477%−$248 · spread now +0.375%, 7d avg +0.021%
=Both sides work for this trade now. Funding pays +$24 a day on $10k at the current rate, and Bybit is 0.354% dearer against SunX than usual: you sell high and buy low: +$35 more if the spread goes back to its 7-day average of +0.021%. The two prices were read 46 seconds apart, so part of this spread may be the market moving, not a spread.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.144% in total (about 7.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$3.97 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 MARSCOIN-USDT | 0.1173 | 0.0100 | pay 0.0050% / 4h | 3h 22m | — | $870K | 10x |
| Short | Bybit MARSCOINUSDT | 0.1178 | 0.0894 | get 0.0447% / 4h | 3h 22m | $8.5M | $15.0M | 20x |
SunX MARSCOIN-USDT
Bybit MARSCOINUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $166.69
- Price spread: +0.375% → +0.021%
- $35.4
- Slippage, 4 orders
- −$204.51
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$21.43
- Costs to cover
- 2.235%
- Break-even
- 7.9 days
Slippage from SunX: live order book, 20 min ago; Bybit: live order book, 1 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, 20 min ago | 45.82 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 1 min ago | 2.55 bp | 52.6 bp −$53 | 172.7 bp −$1,727 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX MARSCOIN-USDTlong | +0.0100% | 4h | 0.1173 | long leg | — | $870K | 10x | |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1177 | +0.307% | $93K | $747K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0100% | 4h | 0.1174 | +0.017% | $1.7M | $2.5M | 20x | as long as short |
| Gate MARSCOIN_USDT | +0.0248% | 4h | 0.1176 | +0.239% | $2.1M | $2.3M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0556% | 4h | 0.1179 | +0.507% | $27.5M | $67.6M | 20x | as long as short |
| MEXC MARSCOIN_USDT | +0.0560% | 4h | 0.1177 | +0.341% | $3.5M | $1.4M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0642% | 4h | 0.1181 | +0.639% | $2.6M | $7.6M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0770% | 4h | 0.1179 | +0.494% | — | $1.3M | — | as long as short |
| Aster MARSCOINUSDT | +0.0791% | 4h | 0.1180 | +0.524% | $652K | $921K | 10x | as long as short |
| BloFin MARSCOIN-USDT | +0.0800% | 4h | 0.1175 | +0.128% | $1.3M | $496K | 20x | as long as short |
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
Gate MARSCOIN_USDT
Binance MARSCOINUSDT
MEXC MARSCOIN_USDT
Bitget MARSCOINUSDT
BingX MARSCOIN-USDT
Aster MARSCOINUSDT
BloFin MARSCOIN-USDTShow all 12 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Bybit MARSCOINUSDTshort | +0.0894% | 4h | 0.1178 | +0.375% | $8.5M | $15.0M | 20x | |
| KuCoin MARSCOINUSDTM | +0.1286% | 4h | 0.1178 | +0.392% | $1.6M | $2.7M | 20x | as long as short |
KuCoin MARSCOINUSDTM