Funding you earn now, next payment 01:00 UTC−0.0137%/8h= −15.0% APRpaid last 24h −0.039%
Price spread now: MEXC against SunX+0.761%53s7-day average −0.073% · you sell dearer than you buy
Net, funding: paid 7d − costs−$3,640as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$3,62236.222% of the position
Funding, last 7 days−0.174%−$17 on $10k
+Price spread, last 3 days (all we have)−2.859%−$286 · spread now +0.761%, 7d avg −0.073%
=The price spread pays, funding is against you. MEXC is 0.834% dearer against SunX than usual: you sell high and buy low (spread +0.761% now, against its 7-day average of −0.073%): +$83 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 20 days. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPX500-USDT | 7,709.5 | 0.0050 | pay 0.0006% / 1h | 10m 30s | $2K | $2.6M | 20x |
| Short | MEXC SPX500_USDT | 7,768.2 | −0.0087 | pay 0.0087% / 8h | 7h 10m | $72.2M | $50.1M | 200x |
SunX SPX500-USDT
MEXC SPX500_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- −$28.77
- Price spread: +0.761% → −0.073%
- $83.44
- Slippage, 4 orders
- −$3,614.16
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$3,567.49
- Costs to cover
- 36.222%
- Break-even
- never at this rate
Slippage from SunX: live order book, 7 min ago; MEXC: 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, 7 min ago | 168.61 bp | 1828.4 bp −$1,828 | 2067.4 bp −$20.7K | doesn't fit | doesn't fit |
| Sell MEXC live order book, 4 min ago | 0.06 bp | 0.1 bp $0 | 0.4 bp −$4 | 6.2 bp −$625 | 89.8 bp −$44.9K |
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 | −0.0216% | 8h | 7,763.2 | +0.697% | $361K | $136K | 20x | as long as short |
| Gate SPX500_USDT | −0.0098% | 8h | 7,743.4 | +0.440% | $1.7M | $138K | 100x | as long as short |
| MEXC SPX500_USDTshort | −0.0087% | 8h | 7,768.2 | +0.761% | $72.2M | $50.1M | 200x | |
| SunX SPX500-USDTlong | +0.0050% | 1h | 7,709.5 | long leg | $2K | $2.6M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,757.8 | +0.626% | $501K | $223K | 30x | as long as short |
Orderly PERP_SPX500_USDC
Gate SPX500_USDT
HTX SPX500-USDT