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

SIREN

all SIREN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC−0.1174%/8h= −128.6% APRnext payment $5.87 per $10,000 · paid last 24h −0.400%
Price spread now: SunX against KuCoin+0.123%7-day average −0.084% · you sell dearer than you buy
Net, funding: paid 7d − costs−$1,017as in the Funding arb table
Net, price: spread back to 7d avg − costs−$805as in the Price arb table
costs, in and out, $10k−$8258.255% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−1.912%−$191 on $10k
Price spread, last 4 days (all we have)−0.097%−$10 · spread now +0.123%, 7d avg −0.084%
Together, before fees−2.009%−$201 on $10k · with fees, hour by hour
The price spread pays, funding is against you. SunX is 0.207% dearer against KuCoin than usual: you sell high and buy low (spread +0.123% now, against its 7-day average of −0.084%): +$21 on $10k if it goes back. Holding the pair costs −$35 a day in funding at the current rate, which eats that in about 14 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongKuCoin SIRENUSDTM0.024320.1274pay 0.0637% / 4h3h 48m$997K$423K10x
ShortSunX SIREN-USDT0.024350.0100get 0.0050% / 4h3h 48m$2K$1.1M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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
−$246.54
Price spread: +0.123% → −0.084%
$20.75
Slippage, 4 orders
−$805.49
Fee KuCoin: 6 bp × 2 orders
−$12
Fee SunX: 4 bp × 2 orders
−$8
Net
−$1,051.28
Costs to cover
8.255%
Break-even
never at this rate
Slippage from KuCoin: live order book, 1 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
LegHalf-spread$10k$100k$1M$5M
Buy KuCoin live order book, 1 min ago10.29 bp147.8 bp −$148doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 5 min ago47.30 bp128.0 bp −$128doesn'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
Bybit SIRENUSDT−0.7725%4h0.02454+0.905%$1.9M$2.6M5xas long as short
SunX SIREN-USDTshort+0.0100%4h0.02435+0.123%$2K$1.1M20x
Bitget SIRENUSDT+0.0786%4h0.02446+0.576%$2.8M$1.4M10xas long as short
Aster SIRENUSDT+0.0989%4h0.02428−0.176%$214K$81K5xas long as short
MEXC SIREN_USDT+0.0996%4h0.02429−0.123%$691K$128K100xas long as short
Binance SIRENUSDT+0.0997%4h0.02430−0.090%$8.4M$3.5M10xas long as short
BingX SIREN-USDT+0.1062%4h0.02433+0.041%$2.3Mas long as short
Gate SIREN_USDT+0.1102%4h0.02426−0.247%$569K$203K10xas long as short
KuCoin SIRENUSDTMlong+0.1274%4h0.02432long leg$997K$423K10x