Funding you earn now, next payment 02:00 UTC−0.0266%/8h= −29.1% APRpaid last 24h −0.092%
Price spread now: Orderly against SunX+0.701%7-day average −0.109% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.319%−$32 on $10k
+Price spread, last 3 days (all we have)−2.826%−$283 · spread now +0.701%, 7d avg −0.109%
=The price spread pays, funding is against you. Orderly is 0.810% dearer against SunX than usual: you sell high and buy low (spread +0.701% now, against its 7-day average of −0.109%): +$81 on $10k if it goes back. Holding the pair costs −$8 a day in funding at the current rate, which eats that in about 10 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX SPX500-USDT | 7,710.4 | 0.0050 | pay 0.0006% / 1h | 48m 44s | $2K | $2.6M | 20x |
| Short | Orderly PERP_SPX500_USDC | 7,764.5 | −0.0216 | pay 0.0216% / 8h | 6h 48m | $361K | $133K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
Orderly 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
- −$55.8
- Price spread: +0.701% → −0.109%
- $81.03
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Orderly: 3 bp × 2 orders
- −$6
- Net
- $11.23
- Costs to cover
- 0.140%
- Break-even
- from the start
Slippage unknown: SunX: live order book, 8 min ago; Orderly: no order-book sample. 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 SunX live order book, 8 min ago | 168.61 bp | 1838.3 bp −$1,838 | 2068.6 bp −$20.7K | doesn't fit | doesn't fit |
| Sell Orderly no order-book sample | — | — | — | — | — |
Orderly: no order-book sample. Either the market is below $100k of open interest and volume (not sampled), or the venue executes at an oracle price and its slippage is not modeled here: see the venue's docs.
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_USDCshort | −0.0216% | 8h | 7,764.5 | +0.701% | $361K | $133K | 20x | |
| MEXC SPX500_USDT | −0.0084% | 8h | 7,766.3 | +0.725% | $71.6M | $48.8M | 200x | as long as short |
| Gate SPX500_USDT | −0.0047% | 8h | 7,743.3 | +0.427% | $1.7M | $138K | 100x | as long as short |
| SunX SPX500-USDTlong | +0.0050% | 1h | 7,710.4 | long leg | $2K | $2.6M | 20x | |
| HTX SPX500-USDT | +0.0050% | 1h | 7,757.1 | +0.606% | $501K | $224K | 30x | as long as short |
SunX SPX500-USDT
MEXC SPX500_USDT
Gate SPX500_USDT
HTX SPX500-USDT