Funding you earn now, next payment 00:00 UTC+0.0274%/8h= +30.0% APRnext payment +$1.37 per $10,000 · paid last 24h +0.046%
Price spread now: BingX against SunX−0.284%7-day average −0.101% · you buy dearer than you sell
Net, funding: paid 7d − costs−$228as in the Funding arb table
Net, price: spread back to 7d avg − costs−$265as in the Price arb table
costs, in and out, $10k−$2472.469% of the position
Funding, last 7 days+0.191%+$19 on $10k
+Price spread, last 3 days (all we have)+0.837%+$84 · spread now −0.284%, 7d avg −0.101%
=Funding pays, the price is against you. BingX is 0.183% cheaper against SunX than usual: you would sell low and buy high (spread −0.284% now, against its 7-day average of −0.101%). If the spread goes back, that is −$18 on $10k: about 2.2 days of funding at the current rate (+$8 a day). At the pace of the last 7 days (+0.191% in total) that is about 6.7 days.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.191% in total (about 10.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$1.37 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 MYX-USDT | 0.08102 | 0.0100 | pay 0.0050% / 4h | 1h 43m | $2K | $641K | 20x |
| Short | BingX MYX-USDT | 0.08079 | 0.0374 | get 0.0187% / 4h | 1h 43m | — | $6.8M | — |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
BingX 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
- $57.54
- Price spread: −0.284% → −0.101%
- −$18.27
- Slippage, 4 orders
- −$228.95
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee BingX: 5 bp × 2 orders
- −$10
- Net
- −$207.68
- Costs to cover
- 2.469%
- Break-even
- 32.3 days
Slippage from SunX: live order book, 27 min ago; BingX: live order book, 9 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 | 30.75 bp | 72.8 bp −$73 | doesn't fit | doesn't fit | doesn't fit |
| Sell BingX live order book, 9 min ago | 5.57 bp | 34.0 bp −$34 | 128.4 bp −$1,284 | doesn't fit | doesn't fit |
MYX on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter MYX | +0.0096% | 1h | 0.08090 | −0.148% | $37K | $28K | 3x | as long as short |
| Gate MYX_USDT | +0.0100% | 8h | 0.08060 | −0.518% | $1.3M | $580K | 10x | as long as short |
| KuCoin MYXUSDTM | +0.0100% | 4h | 0.08046 | −0.691% | $2.5M | $7.5M | 10x | as long as short |
| Bitget MYXUSDT | +0.0100% | 4h | 0.08076 | −0.321% | $2.4M | $1.4M | 10x | as long as short |
| Variational Omni MYX | +0.0100% | 4h | 0.08058 | −0.540% | $7K | $62K | — | as long as short |
| SunX MYX-USDTlong | +0.0100% | 4h | 0.08102 | long leg | $2K | $641K | 20x | |
| HTX MYX-USDT | +0.0100% | 4h | 0.08093 | −0.111% | $37K | $136K | 20x | as long as short |
| Binance MYXUSDT | +0.0265% | 4h | 0.08100 | −0.025% | $7.6M | $10.7M | 10x | as long as short |
| MEXC MYX_USDT | +0.0270% | 4h | 0.08093 | −0.111% | $12.0M | $2.0M | 50x | as long as short |
| Bybit MYXUSDT | +0.0287% | 4h | 0.08073 | −0.358% | $3.9M | $3.1M | 13x | as long as short |
Show all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| BingX MYX-USDTshort | +0.0374% | 4h | 0.08079 | −0.284% | — | $6.8M | — | |
| Aster MYXUSDT | +0.0441% | 4h | 0.08088 | −0.172% | $53K | $115K | 5x | as long as short |
| ApeX Omni MYXUSDT | +0.0911% | 1h | 0.08090 | −0.148% | $22K | $248K | 50x | as long as short |
SunX MYX-USDT
BingX MYX-USDT
Lighter MYX
Gate MYX_USDT
KuCoin MYXUSDTM
Bitget MYXUSDT
Variational Omni MYX
HTX MYX-USDT
Binance MYXUSDT
MEXC MYX_USDT
Bybit MYXUSDT
Aster MYXUSDT
ApeX Omni MYXUSDT