SIREN

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.1698%/8h= +185.9% APRnext payment +$8.49 per $10,000 · paid last 24h +0.359%

Price spread now: BingX against SunX+0.245%7-day average +0.107% · you sell dearer than you buy

Net, funding: paid 7d − costs−$201as in the Funding arb table

Net, price: spread back to 7d avg − costs−$335as in the Price arb table

costs, in and out, $10k−$3493.488% of the position

Long on SunX Short on BingX

What this pair did over the last

the charts below follow

Funding, last 7 days+1.475%+$148 on $10k

Price spread, last 4 days (all we have)−0.192%−$19 · spread now +0.245%, 7d avg +0.107%

Together, before fees+1.283%+$128 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$51 a day on $10k at the current rate, and BingX is 0.138% dearer against SunX than usual: you sell high and buy low: +$14 more if the spread goes back to its 7-day average of +0.107%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX SIREN-USDT	0.02452	0.0100	pay 0.0050% / 4h	1m 33s	$1K	$1.2M	20x
Short	BingX SIREN-USDT	0.02458	0.1798	get 0.0899% / 4h	1m 33s	—	$2.3M	—

Funding history

latest

Range statsloading…

Price spread between the two exchanges

BingX against SunX. 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

Position, each leg$Hold fordaysFee SunXbpFee BingXbpOrdersPrice spread, now +0.245%Rate

Funding earned: $356.58
Price spread: +0.245% → +0.107%: $13.79
Slippage, 4 orders: −$330.8
Fee SunX: 4 bp × 2 orders: −$8
Fee BingX: 5 bp × 2 orders: −$10
Net: $21.57
Costs to cover: 3.488%
Break-even: 6.6 days

Slippage from SunX: live order book, 1 min ago; BingX: live order book, 2 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 SunX live order book, 1 min ago	46.91 bp	127.3 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell BingX live order book, 2 min ago	8.15 bp	39.0 bp −$39	114.9 bp −$1,149	833.6 bp −$83.4K	1203.8 bp −$601.9K

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	0.02482	+1.223%	$1.9M	$2.9M	5x	as long as short
SunX SIREN-USDTlong	+0.0100%	4h	0.02452	long leg	$1K	$1.2M	20x
Bitget SIRENUSDT	+0.0776%	4h	0.02466	+0.571%	$2.8M	$1.6M	10x	as long as short
Aster SIRENUSDT	+0.1613%	4h	0.02448	−0.163%	$218K	$71K	5x	as long as short
KuCoin SIRENUSDTM	+0.1688%	4h	0.02457	+0.204%	$1.0M	$428K	10x	as long as short
MEXC SIREN_USDT	+0.1756%	4h	0.02453	+0.041%	$703K	$130K	100x	as long as short
Binance SIRENUSDT	+0.1762%	4h	0.02454	+0.074%	$8.5M	$3.5M	10x	as long as short
BingX SIREN-USDTshort	+0.1798%	4h	0.02458	+0.245%	—	$2.3M	—
Gate SIREN_USDT	+0.2260%	4h	0.02442	−0.408%	$581K	$205K	10x	as long as short