Funding you earn now, next payment 12:00 UTC−0.0458%/8h= −50.2% APRnext payment −$2.29 per $10,000 · paid last 24h −0.284%
Price spread now: SunX against Bitget−0.770%50s7-day average −0.490% · you buy dearer than you sell
Net, funding: paid 7d − costs−$422as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3003.004% of the position
Funding, last 7 days−1.212%−$121 on $10k
+Price spread, last 4 days (all we have)+0.452%+$45 · spread now −0.770%, 7d avg −0.490%
=Both sides work against this trade now: funding costs −$14 a day on $10k at the current rate, and SunX is 0.280% cheaper against Bitget than usual: you would sell low and buy high (−$28 if the spread goes back to its 7-day average of −0.490%). Swap the legs. The two prices were read 50 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget SIRENUSDT | 0.02467 | 0.0558 | pay 0.0279% / 4h | 3h 22m | $2.8M | $1.6M | 10x |
| Short | SunX SIREN-USDT | 0.02448 | 0.0100 | get 0.0050% / 4h | 3h 22m | $2K | $1.1M | 20x |
Bitget SIRENUSDT
SunX SIREN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$96.18
- Price spread: −0.770% → −0.490%
- −$27.97
- Slippage, 4 orders
- −$280.43
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$424.58
- Costs to cover
- 3.004%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 5 min ago; SunX: live order book, 10 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 Bitget live order book, 5 min ago | 4.08 bp | 19.5 bp −$20 | 289.5 bp −$2,895 | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 32.75 bp | 140.3 bp −$140 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | +0.0100% | 4h | 0.02480 | +0.527% | $1.9M | $2.9M | 5x | as long as short |
| SunX SIREN-USDTshort | +0.0100% | 4h | 0.02448 | −0.770% | $2K | $1.1M | 20x | |
| Bitget SIRENUSDTlong | +0.0558% | 4h | 0.02467 | long leg | $2.8M | $1.6M | 10x | |
| Aster SIRENUSDT | +0.1264% | 4h | 0.02445 | −0.892% | $218K | $69K | 5x | as long as short |
| KuCoin SIRENUSDTM | +0.1338% | 4h | 0.02453 | −0.567% | $1.0M | $429K | 10x | as long as short |
| MEXC SIREN_USDT | +0.1468% | 4h | 0.02450 | −0.689% | $701K | $129K | 100x | as long as short |
| BingX SIREN-USDT | +0.1470% | 4h | 0.02454 | −0.527% | — | $2.3M | — | as long as short |
| Binance SIRENUSDT | +0.1481% | 4h | 0.02451 | −0.650% | $8.6M | $3.4M | 10x | as long as short |
| Gate SIREN_USDT | +0.2112% | 4h | 0.02444 | −0.932% | $580K | $196K | 10x | as long as short |
Bybit SIRENUSDT
Aster SIRENUSDT
KuCoin SIRENUSDTM
MEXC SIREN_USDT
BingX SIREN-USDT
Binance SIRENUSDT
Gate SIREN_USDT