Funding you earn now, next payment 12:00 UTC+0.1182%/8h= +129.4% APRnext payment +$5.91 per $10,000 · paid last 24h +0.198%
Price spread now: KuCoin against SunX+0.043%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$234as in the Funding arb table
Net, price: spread back to 7d avg − costs−$260as in the Price arb table
costs, in and out, $10k−$2572.571% of the position
Funding, last 7 days+0.226%+$23 on $10k
+Price spread, last 4 days (all we have)−1.001%−$100 · spread now +0.043%, 7d avg +0.072%
=Funding pays, the price is against you. KuCoin is 0.029% cheaper against SunX than usual: you would sell low and buy high (spread +0.043% now, against its 7-day average of +0.072%). If the spread goes back, that is −$3 on $10k: about 2 hours of funding at the current rate (+$35 a day). At the pace of the last 7 days (+0.226% in total) that is about 22 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.226% in total (about 11.8% a year). A funding rate is set anew for every payment; at this rate the next one is about +$5.91 per $10,000. In the chart: green and red are payments made; yellow are the hours one leg has not settled yet: what the other leg paid, plus the unsettled leg at its current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MARSCOIN-USDT | 0.1157 | 0.0100 | pay 0.0050% / 4h | 2h 17m | — | $915K | 10x |
| Short | KuCoin MARSCOINUSDTM | 0.1158 | 0.1282 | get 0.0641% / 4h | 2h 17m | $1.6M | $2.9M | 20x |
SunX MARSCOIN-USDT
KuCoin MARSCOINUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $248.22
- Price spread: +0.043% → +0.072%
- −$2.9
- Slippage, 4 orders
- −$237.1
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$11.78
- Costs to cover
- 2.571%
- Break-even
- 7.3 days
Slippage from SunX: live order book, 27 min ago; KuCoin: live order book, 2 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, 27 min ago | 45.59 bp | 64.1 bp −$64 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 2 min ago | 2.62 bp | 65.8 bp −$66 | 182.2 bp −$1,822 | doesn't fit | doesn't fit |
MARSCOIN on 12 exchanges
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 | 0.1155 | −0.147% | $2.1M | $2.4M | 20x | as long as short |
| SunX MARSCOIN-USDTlong | +0.0100% | 4h | 0.1157 | long leg | — | $915K | 10x | |
| HTX MARSCOIN-USDT | +0.0100% | 4h | 0.1159 | +0.164% | $87K | $742K | 20x | as long as short |
| Phemex MARSCOINUSDT | +0.0441% | 4h | 0.1157 | −0.017% | $1.7M | $2.5M | 20x | as long as short |
| BingX MARSCOIN-USDT | +0.0570% | 4h | 0.1156 | −0.104% | — | $1.3M | — | as long as short |
| MEXC MARSCOIN_USDT | +0.0584% | 4h | 0.1153 | −0.328% | $3.4M | $1.6M | 20x | as long as short |
| Bitget MARSCOINUSDT | +0.0588% | 4h | 0.1157 | −0.052% | $2.4M | $8.0M | 20x | as long as short |
| Binance MARSCOINUSDT | +0.0593% | 4h | 0.1153 | −0.311% | $26.7M | $72.1M | 20x | as long as short |
| Bybit MARSCOINUSDT | +0.0645% | 4h | 0.1154 | −0.225% | $8.3M | $15.6M | 20x | as long as short |
| BloFin MARSCOIN-USDT | +0.0826% | 4h | 0.1153 | −0.372% | $1.3M | $448K | 20x | as long as short |
Gate MARSCOIN_USDT
HTX MARSCOIN-USDT
Phemex MARSCOINUSDT
BingX MARSCOIN-USDT
MEXC MARSCOIN_USDT
Bitget MARSCOINUSDT
Binance MARSCOINUSDT
Bybit MARSCOINUSDT
BloFin MARSCOIN-USDTShow all 12 exchanges
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster MARSCOINUSDT | +0.0930% | 4h | 0.1155 | −0.162% | $633K | $1.1M | 10x | as long as short |
| KuCoin MARSCOINUSDTMshort | +0.1282% | 4h | 0.1158 | +0.043% | $1.6M | $2.9M | 20x |
Aster MARSCOINUSDT