Funding arb · Price arb / Crypto
USELESS
All USELESS markets →
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2404 | +0.0825 | pay 0.0103% / 1h | 57m 16s | $248K | $501K | 10x | Long Arcus5% off | |
| SHORT | 0.2402 | +0.0100 | get 0.0050% / 4h | 3h 57m | — | $757K | 10x | Short SunX≤10% back |
Price gap−0.054%
Funding gap−0.0725% /8h
Funding costs $22 a day on $10k at the current rate. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$78−0.0725% /8h now · paid −0.778% over the last 5 days (all we have)
Price+$2spread −0.054% now, avg −0.072% → +0.018% if it goes back
Costs−$1561.558% of $10k · taker + slippage, in and out
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
SunX price against Arcusnow
RANGE STATS · 7D
Now−0.054%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hUSELESS on 26 exchanges
lowest funding firstBefore you open
1 ok · 3 to watch- Watch: Thin at this size20.4 / 63.9 bpAt $10k entering SunX costs 63.9 bp, fee and slippage, 3.1× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000Arcus 10x, SunX 10x. 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: −$21.74Long Arcus: 24 payments, −$24.74; short SunX: 6 payments, +$3.00.
- Note: Gap at its usual level−0.054% vs −0.072%The price leg adds little either way.
- Watch: Short leg is thinner— vs $248K 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 legArcus No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0490%/8h × 21 periods−$102.91
Price spread−0.054% → −0.072% (7d avg)+$1.80
Slippage, 4 orderslive order books−$143.30
Fee Arcus bp × 2 orders−$4.50
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$256.91
Costs to cover1.558%Break-evennever at this rate
Slippage: Arcus: live order book, 11 min ago; SunX: live order book, 50 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGArcus4.1720.4 bp−$2043.3 bp−$433doesn’t fitdoesn’t fit
SELL · SHORTSunX44.7063.9 bp−$64doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
Nado