Funding arb · Price arb / Crypto
USELESS
All USELESS markets →| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2405 | +0.0100 | pay 0.0050% / 4h | 34m 06s | — | $760K | 10x | Long SunX≤10% back | |
| SHORT | 0.2407 | +0.0862 | get 0.0108% / 1h | 34m 06s | $248K | $501K | 10x | Short Arcus5% off |
Price gap+0.058%
Funding gap+0.0762% /8h
Funding trade: +$23 a day on $10k at the current rate, before costs. The price gap is at its 7d average.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$78+0.0762% /8h now · paid +0.778% over the last 5 days (all we have)
Price−$1spread +0.058% now, avg +0.072% → −0.014% if it goes back
Costs−$1541.537% 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
Arcus price against SunXnow
RANGE STATS · 7D
Now+0.058%
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 size63.4 / 8.3 bpAt $10k entering SunX costs 63.4 bp, fee and slippage, 7.7× Arcus’s.
- Note: Margin at max leverage$1,000 + $1,000SunX 10x, Arcus 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ4h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$22.86Long SunX: 6 payments, −$3.00; short Arcus: 24 payments, +$25.86.
- Note: Gap at its usual level+0.058% vs +0.072%The price leg adds little either way.
- Watch: Long 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 legSunX No · Arcus NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0492%/8h × 21 periods+$103.41
Price spread+0.058% → +0.072% (7d avg)−$1.40
Slippage, 4 orderslive order books−$141.22
Fee SunX bp × 2 orders−$8.00
Fee Arcus bp × 2 orders−$4.50
Net · 7 days · $10k−$51.71
Costs to cover1.537%Break-even10.5 days
Slippage: SunX: live order book, 13 min ago; Arcus: live order book, 40 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX44.7063.4 bp−$63doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTArcus2.078.3 bp−$825.8 bp−$258doesn’t fitdoesn’t fit
Closing costs about the same again.
