Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.005853 | +0.0100 | pay 0.0050% / 4h | 2h 37m | $1K | $569K | 20x | Long SunX≤10% back | |
| SHORT | 0.005856 | +0.0100 | get 0.0013% / 1h | 37m 37s | $128K | $357K | 10x | Short Bulk |
Price gap+0.051%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$7 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−$20.0000% /8h now · paid −0.023% over the last 5 days (all we have)
Price+$7spread +0.051% now, avg −0.020% → +0.072% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$5+0.05%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
Bulk price against SunXnow
RANGE STATS · 7D
Now+0.051%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hPUMP on 42 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$500 + $1,000SunX 20x, Bulk 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 6 payments, −$3.00; short Bulk: 24 payments, +$3.00.
- OK: Entry gap works for you+0.051% vs −0.020%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$1K vs $128K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · Bulk NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0014%/8h × 21 periods−$3.02
Price spread+0.051% → −0.020% (7d avg)+$7.17
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bulk bp × 2 orders−$7.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 19 min ago; Bulk: live order book, 26 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX501.02doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBulk1.085.8 bp−$67.7 bp−$77doesn’t fitdoesn’t fit
Closing costs about the same again.
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| 09-18 16:36 | RISEx | Other | Privacy is still holding with $ZEC in its second straight week as a top gainer: +12.34% to +35.35%. Everything else on the weekly board turned over. Oil went from a gainer to a loser (CL and BZ both went a full round trip), while $PUMP went from -15.44% to +10.44% this week. @risextrade on X ↗ |
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