Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.04457 | +0.0406 | pay 0.0051% / 1h | 56m 50s | $51K | $188K | 5x | Long RISExInvite | |
| SHORT | 0.04466 | +0.0100 | get 0.0050% / 4h | 3h 56m | $2K | $790K | 20x | Short SunX≤10% back |
Price gap+0.213%
Funding gap−0.0306% /8h
The gap pays +$11 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 30 hours.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$2−0.0306% /8h now · paid +0.019% over the last 7D
Price+$11spread +0.213% now, avg +0.098% → +0.115% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$13+0.13%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.019% in total, about +0.0009%/8h on average.
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.213%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hSTRK on 30 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$2,000 + $500RISEx 5x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 4hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$9.18Long RISEx: 24 payments, −$12.18; short SunX: 6 payments, +$3.00.
- OK: Entry gap works for you+0.213% vs +0.098%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$2K vs $51K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legRISEx No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0009%/8h × 21 periods+$1.94
Price spread+0.213% → +0.098% (7d avg)+$11.49
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee RISEx bp × 2 orders−$6.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: RISEx: live order book, 36 min ago; SunX: live order book, 55 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGRISEx3.356.3 bp−$618.4 bp−$184doesn’t fitdoesn’t fit
SELL · SHORTSunX501.62doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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