Funding you earn now, next payment 05:00 UTC+0.0155%/8h= +17.0% APRpaid last 24h +0.050%
Price spread now: SunX against Gate−0.411%7-day average +0.221% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days+0.195%+$20 on $10k
+Price spread, last 4 days (all we have)+2.896%+$290 · spread now −0.411%, 7d avg +0.221%
=Funding pays, the price is against you. SunX is 0.632% cheaper against Gate than usual: you would sell low and buy high (spread −0.411% now, against its 7-day average of +0.221%). If the spread goes back, that is −$63 on $10k: about 14 days of funding at the current rate (+$5 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Gate SPX500_USDT | 7,742 | −0.0105 | get 0.0105% / 8h | 3h 59m | $1.7M | $138K | 100x |
| Short | SunX SPX500-USDT | 7,710.2 | 0.0050 | get 0.0006% / 1h | 59m 04s | $2K | $2.4M | 20x |
Gate SPX500_USDT
SunX SPX500-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
- $32.55
- Price spread: −0.411% → +0.221%
- −$63.2
- Slippage, 4 orders
- no order book: not counted
- Fee Gate: 7.5 bp × 2 orders
- −$15
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$53.65
- Costs to cover
- 0.230%
- Break-even
- 18.5 days
Slippage unknown: Gate: live order book, 3 min ago; SunX: live order book, 8 min ago. Net counts fees only.
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, 3 min ago | 4.60 bp | 42.3 bp −$42 | 76.6 bp −$766 | doesn't fit | doesn't fit |
| Sell SunX live order book, 8 min ago | 168.61 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
SPX500 on 5 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 | |
|---|---|---|---|---|---|---|---|---|
| Orderly PERP_SPX500_USDC | −0.0224% | 8h | 7,762.9 | +0.269% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDTlong | −0.0105% | 8h | 7,742 | long leg | $1.7M | $138K | 100x | |
| MEXC SPX500_USDT | −0.0085% | 8h | 7,765.3 | +0.301% | $70.4M | $47.1M | 200x | as long as short |
| SunX SPX500-USDTshort | +0.0050% | 1h | 7,710.2 | −0.411% | $2K | $2.4M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,743.8 | +0.023% | $501K | $228K | 30x | as long as short |
Orderly PERP_SPX500_USDC
MEXC SPX500_USDT
HTX SPX500-USDT