Settings8H · net · $10k
Funding arb · Price arb /

SUN

all SUN markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 12:00 UTC+0.0038%/8h= +4.2% APRnext payment +$0.19 per $10,000 · paid last 24h 0.000%
Price spread now: KuCoin against BloFin−0.023%7-day average +0.028% · you buy dearer than you sell
Net, funding: paid 7d − costs−$1,389as in the Funding arb table
Net, price: spread back to 7d avg − costs−$1,420as in the Price arb table
costs, in and out, $10k−$1,41414.145% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days+0.259%+$26 on $10k
Price spread, last 4 days (all we have)+0.099%+$10 · spread now −0.023%, 7d avg +0.028%
Together, before fees+0.358%+$36 on $10k · with fees, hour by hour
Funding pays, the price is against you. KuCoin is 0.051% cheaper against BloFin than usual: you would sell low and buy high (spread −0.023% now, against its 7-day average of +0.028%). If the spread goes back, that is −$5 on $10k: about 4.5 days of funding at the current rate (+$1 a day). At the pace of the last 7 days (+0.259% in total) that is about 33 hours.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBloFin SUN-USDT0.017470.0062pay 0.0031% / 4h3h 57m$131K$40K50x
ShortKuCoin SUNUSDTM0.017470.0100get 0.0050% / 4h3h 57m$307K$57K20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

KuCoin against BloFin. Falling: the short leg gains. Rising: it loses.
latest
Price spreadloading…

Funding on every exchange

click an exchange to add or hide it
latest
How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Funding earned
$8.04
Price spread: −0.023% → +0.028%
−$5.13
Slippage, 4 orders
−$1,390.47
Fee BloFin: 6 bp × 2 orders
−$12
Fee KuCoin: 6 bp × 2 orders
−$12
Net
−$1,411.56
Costs to cover
14.145%
Break-even
1235.4 days
Slippage from BloFin: live order book, 70 min ago; KuCoin: live order book, 35 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy BloFin live order book, 70 min ago0.28 bp12.4 bp −$1242.9 bp −$429doesn't fitdoesn't fit
Sell KuCoin live order book, 35 min ago28.31 bp349.2 bp −$349doesn't fitdoesn't fitdoesn't fit

SUN on 12 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Injective SUN/USDC PERP+0.0033%1h0.01861+6.525%$165.5xas long as short
BloFin SUN-USDTlong+0.0062%4h0.01747long leg$131K$40K50x
Binance SUNUSDT+0.0100%4h0.01747+0.029%$2.0M$1.6M50xas long as short
Bybit SUNUSDT+0.0100%4h0.01744−0.143%$1.4M$481K50xas long as short
Gate SUN_USDT+0.0100%8h0.01747+0.006%$125K$57K50xas long as short
MEXC SUN_USDT+0.0100%4h0.01747+0.023%$11.8M$233K125xas long as short
KuCoin SUNUSDTMshort+0.0100%4h0.01747−0.023%$307K$57K20x
Bitget SUNUSDT+0.0100%4h0.01746−0.046%$459K$148K50xas long as short
BingX SUN-USDT+0.0100%4h0.017470.000%$2.3Mas long as short
Variational Omni SUN+0.0100%4h0.01744−0.157%$145K$33as long as short
Show all 12 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
SunX SUN-USDT+0.0100%4h0.01748+0.057%$26K$1.2M20xas long as short
HTX SUN-USDT+0.0100%4h0.01748+0.046%$311K$80K50xas long as short