Funding you earn now, next payment 06:00 UTC+0.0140%/8h= +15.3% APRpaid last 24h +0.039%
Price spread now: SunX against MEXC−0.717%7-day average +0.033% · you buy dearer than you sell
Net, funding: paid 7d − costs−$3,614as in the Funding arb table
Net, price: spread back to 7d avg − costs−$3,707as in the Price arb table
costs, in and out, $10k−$3,63136.315% of the position
Funding, last 7 days+0.174%+$17 on $10k
+Price spread, last 4 days (all we have)+3.090%+$309 · spread now −0.717%, 7d avg +0.033%
=Funding pays, the price is against you. SunX is 0.750% cheaper against MEXC than usual: you would sell low and buy high (spread −0.717% now, against its 7-day average of +0.033%). If the spread goes back, that is −$75 on $10k: about 18 days of funding at the current rate (+$4 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC SPX500_USDT | 7,766.1 | −0.0090 | get 0.0090% / 8h | 2h 51m | $70.0M | $46.0M | 200x |
| Short | SunX SPX500-USDT | 7,710.4 | 0.0050 | get 0.0006% / 1h | 51m 18s | $2K | $2.5M | 20x |
MEXC SPX500_USDT
SunX SPX500-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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
- $29.4
- Price spread: −0.717% → +0.033%
- −$75.03
- Slippage, 4 orders
- −$3,623.49
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$3,677.12
- Costs to cover
- 36.315%
- Break-even
- 882.5 days
Slippage from MEXC: live order book, 3 min ago; SunX: live order book, 6 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 MEXC live order book, 3 min ago | 0.06 bp | 0.2 bp $0 | 0.7 bp −$7 | 13.8 bp −$1,380 | 90.0 bp −$45.0K |
| Sell SunX live order book, 6 min ago | 168.61 bp | 1796.6 bp −$1,797 | 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 | −0.0238% | 8h | 7,761.8 | −0.055% | $361K | $127K | 20x | as long as short |
| Gate SPX500_USDT | −0.0167% | 8h | 7,744 | −0.285% | $1.7M | $92K | 100x | as long as short |
| MEXC SPX500_USDTlong | −0.0090% | 8h | 7,766.1 | long leg | $70.0M | $46.0M | 200x | |
| SunX SPX500-USDTshort | +0.0050% | 1h | 7,710.4 | −0.717% | $2K | $2.5M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,756.4 | −0.125% | $501K | $231K | 30x | as long as short |
Orderly PERP_SPX500_USDC
Gate SPX500_USDT
HTX SPX500-USDT