Settings8H · net · $10k
Funding arb · Price arb /

SIREN

all SIREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 04:00 UTC−0.1445%/8h= −158.3% APRnext payment $7.23 per $10,000 · paid last 24h −0.393%
Price spread now: SunX against Binance+0.065%7-day average +0.072% · you sell dearer than you buy
Net, funding: paid 7d − costs−$471as in the Funding arb table
Net, price: spread back to 7d avg − costs−$322as in the Price arb table
costs, in and out, $10k−$3213.214% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.493%−$149 on $10k
Price spread, last 4 days (all we have)+0.162%+$16 · spread now +0.065%, 7d avg +0.072%
Together, before fees−1.331%−$133 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.072%, so right now this pair is about funding alone: −$43 a day on $10k at the current rate.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance SIRENUSDT0.024060.1545pay 0.0773% / 4h45m 07s$8.3M$3.3M10x
ShortSunX SIREN-USDT0.024080.0100get 0.0050% / 4h45m 07s$2K$1.0M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
−$303.56
Price spread: +0.065% → +0.072%
−$0.65
Slippage, 4 orders
−$303.39
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$625.6
Costs to cover
3.214%
Break-even
never at this rate
Slippage from Binance: live order book, 9 min ago; SunX: live order book, 8 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago2.08 bp29.1 bp −$29183.8 bp −$1,838doesn't fitdoesn't fit
Sell SunX live order book, 8 min ago33.24 bp133.0 bp −$133doesn't fitdoesn't fitdoesn't fit

SIREN on 9 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SIREN-USDTshort+0.0100%4h0.02408+0.065%$2K$1.0M20x
Bitget SIRENUSDT+0.0998%4h0.02419+0.522%$2.8M$1.3M10xas long as short
Binance SIRENUSDTlong+0.1545%4h0.02406long leg$8.3M$3.3M10x
MEXC SIREN_USDT+0.1566%4h0.02406−0.018%$683K$128K100xas long as short
Aster SIRENUSDT+0.1596%4h0.02405−0.046%$212K$80K5xas long as short
KuCoin SIRENUSDTM+0.1606%4h0.02407+0.024%$983K$403K10xas long as short
BingX SIREN-USDT+0.1612%4h0.02410+0.148%$2.3Mas long as short
Gate SIREN_USDT+0.1932%4h0.02399−0.309%$569K$197K10xas long as short
Bybit SIRENUSDT+0.6375%4h0.02417+0.439%$1.9M$2.4M5xas long as short