Funding you earn now, next payment 04:00 UTC+0.3022%/8h= +330.9% APRnext payment +$15.11 per $10,000 · paid last 24h +0.399%
Price spread now: Gate against SunX−0.165%7-day average −0.243% · you buy dearer than you sell
Net, funding: paid 7d − costs−$544as in the Funding arb table
Net, price: spread back to 7d avg − costs−$698as in the Price arb table
costs, in and out, $10k−$7057.053% of the position
Funding, last 7 days+1.616%+$162 on $10k
+Price spread, last 3 days (all we have)−0.182%−$18 · spread now −0.165%, 7d avg −0.243%
=Both sides work for this trade now. Funding pays +$91 a day on $10k at the current rate, and Gate is 0.078% dearer against SunX than usual: you sell high and buy low: +$8 more if the spread goes back to its 7-day average of −0.243%.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 1.616% in total (about 84.3% a year). A funding rate is set anew for every payment; at this rate the next one is about +$15.11 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SIREN-USDT | 0.02425 | 0.0100 | pay 0.0050% / 4h | 2h 30m | $1K | $1.0M | 20x |
| Short | Gate SIREN_USDT | 0.02421 | 0.3122 | get 0.1561% / 4h | 2h 30m | $584K | $191K | 10x |
SunX SIREN-USDT
Gate SIREN_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Gate 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
- $634.62
- Price spread: −0.165% → −0.243%
- $7.79
- Slippage, 4 orders
- −$682.3
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Net
- −$62.89
- Costs to cover
- 7.053%
- Break-even
- 7.7 days
Slippage from SunX: live order book, 2 min ago; Gate: live order book, 36 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, 2 min ago | 32.94 bp | 116.2 bp −$116 | doesn't fit | doesn't fit | doesn't fit |
| Sell Gate live order book, 36 min ago | 8.20 bp | 188.7 bp −$189 | 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX SIREN-USDTlong | +0.0100% | 4h | 0.02425 | long leg | $1K | $1.0M | 20x | |
| Bitget SIRENUSDT | +0.1002% | 4h | 0.02437 | +0.495% | $2.8M | $1.2M | 10x | as long as short |
| KuCoin SIRENUSDTM | +0.1718% | 4h | 0.02428 | +0.124% | $986K | $388K | 10x | as long as short |
| Aster SIRENUSDT | +0.2353% | 4h | 0.02420 | −0.206% | $212K | $81K | 5x | as long as short |
| BingX SIREN-USDT | +0.2368% | 4h | 0.02427 | +0.082% | — | $2.3M | — | as long as short |
| MEXC SIREN_USDT | +0.2376% | 4h | 0.02423 | −0.082% | $692K | $129K | 100x | as long as short |
| Binance SIRENUSDT | +0.2379% | 4h | 0.02422 | −0.124% | $8.4M | $3.3M | 10x | as long as short |
| Gate SIREN_USDTshort | +0.3122% | 4h | 0.02421 | −0.165% | $584K | $191K | 10x | |
| Bybit SIRENUSDT | +1.2956% | 4h | 0.02443 | +0.742% | $1.9M | $2.3M | 5x | as long as short |
Bitget SIRENUSDT
KuCoin SIRENUSDTM
Aster SIRENUSDT
BingX SIREN-USDT
MEXC SIREN_USDT
Binance SIRENUSDT
Bybit SIRENUSDT