Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 30.322 | 0 | 0.0000% / 8h | 3h 59m | — | $1.4M | 10x | Long SunX≤10% back | |
| SHORT | 30.533 | 0 | 0.0000% / 8h | 3h 59m | $35K | $359K | 20x | Short OKX |
Price gap+0.696%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$53 on $10k if the gap goes back to its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 20 hours (all we have)
Price+$53spread +0.696% now, avg +0.167% → +0.528% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$53+0.53%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.696%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPFE on 3 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $500SunX 10x, OKX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, $0.00; short OKX: 3 payments, $0.00.
- OK: Entry gap works for you+0.696% vs +0.167%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $35K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · OKX YesAdvanced verification before trading, deposits or withdrawals.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread+0.696% → +0.167% (7d avg)+$52.85
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee OKX bp × 2 orders−$10.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 2 min ago; OKX: live order book, 46 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX204.11doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX27.32156.6 bp−$157doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
HTX