Funding you earn now, next payment 00:00 UTC+0.0524%/8h= +57.4% APRnext payment +$2.62 per $10,000 · paid last 24h +0.351%
Price spread now: Bitget against SunX+0.536%7-day average +0.485% · you sell dearer than you buy
Net, funding: paid 7d − costs−$143as in the Funding arb table
Net, price: spread back to 7d avg − costs−$251as in the Price arb table
costs, in and out, $10k−$2562.557% of the position
Funding, last 7 days+1.131%+$113 on $10k
+Price spread, last 3 days (all we have)−0.149%−$15 · spread now +0.536%, 7d avg +0.485%
=Both sides work for this trade now. Funding pays +$16 a day on $10k at the current rate, and Bitget is 0.051% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.485%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SIREN-USDT | 0.02427 | 0.0100 | pay 0.0050% / 4h | 8m 23s | $2K | $982K | 20x |
| Short | Bitget SIRENUSDT | 0.02440 | 0.0624 | get 0.0312% / 4h | 8m 23s | $2.8M | $997K | 10x |
SunX SIREN-USDT
Bitget SIRENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bitget against SunX. 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
- $110.04
- Price spread: +0.536% → +0.485%
- $5.06
- Slippage, 4 orders
- −$235.7
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bitget: 6 bp × 2 orders
- −$12
- Net
- −$140.59
- Costs to cover
- 2.557%
- Break-even
- 15.9 days
Slippage from SunX: live order book, 54 min ago; Bitget: 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 SunX live order book, 54 min ago | 32.99 bp | 97.5 bp −$98 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bitget live order book, 4 min ago | 6.15 bp | 25.4 bp −$25 | 554.0 bp −$5,540 | 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 | −0.0397% | 4h | 0.02462 | +1.442% | $1.9M | $2.1M | 5x | as long as short |
| SunX SIREN-USDTlong | +0.0100% | 4h | 0.02427 | long leg | $2K | $982K | 20x | |
| Bitget SIRENUSDTshort | +0.0624% | 4h | 0.02440 | +0.536% | $2.8M | $997K | 10x | |
| KuCoin SIRENUSDTM | +0.1344% | 4h | 0.02429 | +0.082% | $977K | $364K | 10x | as long as short |
| Aster SIRENUSDT | +0.1363% | 4h | 0.02424 | −0.107% | $213K | $80K | 5x | as long as short |
| BingX SIREN-USDT | +0.1494% | 4h | 0.02430 | +0.124% | — | $2.3M | — | as long as short |
| MEXC SIREN_USDT | +0.1540% | 4h | 0.02424 | −0.124% | $693K | $129K | 100x | as long as short |
| Binance SIRENUSDT | +0.1556% | 4h | 0.02425 | −0.077% | $8.4M | $3.2M | 10x | as long as short |
| Gate SIREN_USDT | +0.1998% | 4h | 0.02422 | −0.206% | $593K | $187K | 10x | as long as short |
Bybit SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
BingX SIREN-USDT
MEXC SIREN_USDT
Binance SIRENUSDT
Gate SIREN_USDT