Funding you earn now, next payment 08:00 UTC−0.1500%/8h= −164.3% APRnext payment −$7.50 per $10,000 · paid last 24h −0.399%
Price spread now: SunX against Gate+0.207%7-day average +0.242% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,774as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,616as in the Price arb table
costs, in and out, $10k−$1,61216.120% of the position
Funding, last 7 days−1.616%−$162 on $10k
+Price spread, last 4 days (all we have)+0.113%+$11 · spread now +0.207%, 7d avg +0.242%
=Both sides work against this trade now: funding costs −$45 a day on $10k at the current rate, and SunX is 0.035% cheaper against Gate than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.242%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SIREN_USDT | 0.02413 | 0.1600 | pay 0.0800% / 4h | 3h 59m | $569K | $199K | 10x |
| Short | SunX SIREN-USDT | 0.02418 | 0.0100 | get 0.0050% / 4h | 3h 59m | $1K | $1.1M | 20x |
Gate SIREN_USDT
SunX SIREN-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Gate. 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
- −$315
- Price spread: +0.207% → +0.242%
- −$3.47
- Slippage, 4 orders
- −$1,589.04
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$1,930.51
- Costs to cover
- 16.120%
- Break-even
- never at this rate
Slippage from Gate: live order book, 57 min ago; SunX: live order book, 4 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 Gate live order book, 57 min ago | 8.31 bp | 1256.7 bp −$1,257 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 4 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit SIRENUSDT | +0.0100% | 4h | 0.02432 | +0.787% | $1.9M | $2.6M | 5x | as long as short |
| SunX SIREN-USDTshort | +0.0100% | 4h | 0.02418 | +0.207% | $1K | $1.1M | 20x | |
| Bitget SIRENUSDT | +0.0868% | 4h | 0.02429 | +0.663% | $2.8M | $1.4M | 10x | as long as short |
| Aster SIRENUSDT | +0.1144% | 4h | 0.02415 | +0.100% | $213K | $81K | 5x | as long as short |
| MEXC SIREN_USDT | +0.1150% | 4h | 0.02413 | 0.000% | $687K | $127K | 100x | as long as short |
| Binance SIRENUSDT | +0.1151% | 4h | 0.02412 | −0.030% | $8.4M | $3.4M | 10x | as long as short |
| BingX SIREN-USDT | +0.1218% | 4h | 0.02420 | +0.290% | — | $2.3M | — | as long as short |
| KuCoin SIRENUSDTM | +0.1398% | 4h | 0.02417 | +0.166% | $994K | $418K | 10x | as long as short |
| Gate SIREN_USDTlong | +0.1600% | 4h | 0.02413 | long leg | $569K | $199K | 10x |
Bybit SIRENUSDT
Bitget SIRENUSDT
Aster SIRENUSDT
MEXC SIREN_USDT
Binance SIRENUSDT
BingX SIREN-USDT
KuCoin SIRENUSDTM