Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 192.59 | +0.0100 | pay 0.0100% / 8h | 3h 06m | — | $1.8M | 10x | Long SunX≤10% back | |
| SHORT | 192.00 | +0.0100 | get 0.0050% / 4h | 3h 06m | $810K | $6.1M | 50x | Short OKX |
Price gap−0.306%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.231% under its 7d average: the price leg works against you, −$23 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$170.0000% /8h now · paid −0.168% over the last 7D
Price−$23spread −0.306% now, avg −0.076% → −0.231% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$40−0.40%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−0.306%
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
/8hQNT on 20 exchanges
lowest funding firstBefore you open
0 ok · 5 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 + $200SunX 10x, OKX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: $0.00Long SunX: 3 payments, −$3.00; short OKX: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.306% vs −0.076%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner— vs $810K 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 earned−0.0080%/8h × 21 periods−$16.84
Price spread−0.306% → −0.076% (7d avg)−$23.07
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, 6 min ago; OKX: live order book, 6 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX900.13doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOKX2.6120.4 bp−$2057.7 bp−$577doesn’t fitdoesn’t fit
Closing costs about the same again.
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