Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.004355 | +0.0100 | pay 0.0050% / 4h | 56m 17s | $9K | $551K | 20x | Long SunX≤10% back | |
| SHORT | 0.004253 | +0.0100 | get 0.0050% / 4h | 56m 17s | $33.2M | $22.5M | 75x | Short Bybit |
Price gap−2.342%
Funding gap0.0000% /8h
Funding is ≈ 0, so this is a price-spread trade: +$10 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−$160.0000% /8h now · paid −0.163% over the last 7D
Price+$10spread −2.342% now, avg −2.442% → +0.100% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$6−0.06%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−2.342%
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
/8hPUMP on 48 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 + $133SunX 20x, Bybit 75x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 6 payments, −$3.00; short Bybit: 6 payments, +$3.00.
- OK: Entry gap works for you−2.342% vs −2.442%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner$9K vs $33.2M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Bybit YesStandard verification is mandatory for every product.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0077%/8h × 21 periods−$16.26
Price spread−2.342% → −2.442% (7d avg)+$10.02
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bybit bp × 2 orders−$11.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 29 min ago; Bybit: live order book, 2 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX254.83doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBybit1.189.0 bp−$915.3 bp−$15354.6 bp−$5,462doesn’t fit
Closing costs about the same again.
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