Funding you earn now, next payment 08:00 UTC−0.1064%/8h= −116.5% APRnext payment −$5.32 per $10,000 · paid last 24h −0.388%
Price spread now: SunX against BingX−0.165%7-day average −0.109% · you buy dearer than you sell
Net, funding: paid 7d − costs−$494as in the Funding arb table
Net, price: spread back to 7d avg − costs−$351as in the Price arb table
costs, in and out, $10k−$3453.449% of the position
Funding, last 7 days−1.491%−$149 on $10k
+Price spread, last 4 days (all we have)+0.185%+$18 · spread now −0.165%, 7d avg −0.109%
=Both sides work against this trade now: funding costs −$32 a day on $10k at the current rate, and SunX is 0.056% cheaper against BingX than usual: you would sell low and buy high (−$6 if the spread goes back to its 7-day average of −0.109%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | BingX SIREN-USDT | 0.02424 | 0.1164 | pay 0.0582% / 4h | 3h 57m | — | $2.3M | — |
| Short | SunX SIREN-USDT | 0.02420 | 0.0100 | get 0.0050% / 4h | 3h 57m | $1K | $1.1M | 20x |
BingX SIREN-USDT
SunX SIREN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against BingX. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$223.36
- Price spread: −0.165% → −0.109%
- −$5.6
- Slippage, 4 orders
- −$326.95
- Fee BingX: 5 bp × 2 orders
- −$10
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$573.9
- Costs to cover
- 3.449%
- Break-even
- never at this rate
Slippage from BingX: live order book, 11 min ago; SunX: live order book, 5 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy BingX live order book, 11 min ago | 8.24 bp | 35.4 bp −$35 | 110.7 bp −$1,107 | 776.9 bp −$77.7K | 1177.1 bp −$588.6K |
| Sell SunX live order book, 5 min ago | 49.63 bp | 133.5 bp −$133 | doesn't fit | doesn't fit | doesn't fit |
SIREN on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate SIREN_USDT | +0.0100% | 4h | 0.02414 | −0.413% | $569K | $199K | 10x | as long as short |
| SunX SIREN-USDTshort | +0.0100% | 4h | 0.02420 | −0.165% | $1K | $1.1M | 20x | |
| Bitget SIRENUSDT | +0.0846% | 4h | 0.02432 | +0.330% | $2.8M | $1.4M | 10x | as long as short |
| Aster SIRENUSDT | +0.1098% | 4h | 0.02418 | −0.264% | $213K | $81K | 5x | as long as short |
| Binance SIRENUSDT | +0.1100% | 4h | 0.02417 | −0.289% | $8.4M | $3.4M | 10x | as long as short |
| MEXC SIREN_USDT | +0.1126% | 4h | 0.02418 | −0.248% | $688K | $127K | 100x | as long as short |
| BingX SIREN-USDTlong | +0.1164% | 4h | 0.02424 | long leg | — | $2.3M | — | |
| KuCoin SIRENUSDTM | +0.1364% | 4h | 0.02420 | −0.165% | $995K | $418K | 10x | as long as short |
| Bybit SIRENUSDT | +0.7900% | 4h | 0.02435 | +0.454% | $1.9M | $2.6M | 5x | as long as short |
Gate SIREN_USDT
Bitget SIRENUSDT
Aster SIRENUSDT
Binance SIRENUSDT
MEXC SIREN_USDT
KuCoin SIRENUSDTM
Bybit SIRENUSDT