Funding you earn now, next payment 00:00 UTC+0.0200%/8h= +21.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.027%
Price spread now: KuCoin against SunX−0.273%7-day average −0.070% · you buy dearer than you sell
Net, funding: paid 7d − costs−$226as in the Funding arb table
Net, price: spread back to 7d avg − costs−$271as in the Price arb table
costs, in and out, $10k−$2512.508% of the position
Funding, last 7 days+0.250%+$25 on $10k
+Price spread, last 3 days (all we have)+0.653%+$65 · spread now −0.273%, 7d avg −0.070%
=Funding pays, the price is against you. KuCoin is 0.203% cheaper against SunX than usual: you would sell low and buy high (spread −0.273% now, against its 7-day average of −0.070%). If the spread goes back, that is −$20 on $10k: about 3.4 days of funding at the current rate (+$6 a day).
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX USELESS-USDT | 0.2861 | 0.0100 | pay 0.0050% / 4h | 2h 02m | — | $1.4M | 10x |
| Short | KuCoin USELESSUSDTM | 0.2853 | 0.0300 | get 0.0150% / 4h | 2h 02m | $5.3M | $9.7M | 12x |
SunX USELESS-USDT
KuCoin USELESSUSDTMFunding history
latest
Range statsloading…
Price spread between the two exchanges
KuCoin 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
- $42
- Price spread: −0.273% → −0.070%
- −$20.25
- Slippage, 4 orders
- −$230.77
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Net
- −$229.02
- Costs to cover
- 2.508%
- Break-even
- 45.2 days
Slippage from SunX: live order book, 2 min ago; KuCoin: live order book, 6 min ago.
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, 2 min ago | 46.23 bp | 64.9 bp −$65 | doesn't fit | doesn't fit | doesn't fit |
| Sell KuCoin live order book, 6 min ago | 8.97 bp | 48.5 bp −$49 | doesn't fit | doesn't fit | doesn't fit |
USELESS on 24 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 | |
|---|---|---|---|---|---|---|---|---|
| Lighter USELESS | +0.0096% | 1h | 0.2854 | −0.259% | $1.3M | $1.1M | 3x | as long as short |
| Pacifica USELESS | +0.0100% | 1h | 0.2850 | −0.398% | $32K | $70K | 3x | as long as short |
| OKX USELESS-USDT-SWAP | +0.0100% | 4h | 0.2851 | −0.343% | $10.1M | $64.3M | 10x | as long as short |
| Polymarket Perps USELESS-USD | +0.0100% | 1h | 0.2851 | −0.367% | $28K | $140K | 3x | as long as short |
| SunX USELESS-USDTlong | +0.0100% | 4h | 0.2861 | long leg | — | $1.4M | 10x | |
| HTX USELESS-USDT | +0.0100% | 4h | 0.2848 | −0.458% | $20K | $388K | 20x | as long as short |
| Phemex USELESSUSDT | +0.0100% | 4h | 0.2847 | −0.514% | $574K | $1.2M | 20x | as long as short |
| Aevo USELESS-PERP | +0.0232% | 1h | 0.2853 | −0.283% | $10K | — | 3x | as long as short |
| KuCoin USELESSUSDTMshort | +0.0300% | 4h | 0.2853 | −0.273% | $5.3M | $9.7M | 12x | |
| ApeX Omni USELESSUSDT | +0.0327% | 1h | 0.2850 | −0.391% | $41K | $698K | 25x | as long as short |
Lighter USELESS
Pacifica USELESS
OKX USELESS-USDT-SWAP
Polymarket Perps USELESS-USD
HTX USELESS-USDT
Phemex USELESSUSDT
Aevo USELESS-PERP
ApeX Omni USELESSUSDTShow all 24 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Gate USELESS_USDT | +0.0424% | 4h | 0.2850 | −0.391% | $7.1M | $7.9M | 50x | as long as short |
| Bitget USELESSUSDT | +0.0524% | 4h | 0.2853 | −0.287% | $5.5M | $8.8M | 20x | as long as short |
| edgeX USELESSUSDC | +0.0588% | 4h | 0.2856 | −0.192% | $21K | $190K | 10x | as long as short |
| Extended USELESS-USD | +0.0600% | 1h | 0.2855 | −0.208% | $300K | $968K | 5x | as long as short |
| MEXC USELESS_USDT | +0.0602% | 4h | 0.2856 | −0.196% | $10.0M | $5.9M | 50x | as long as short |
| Binance USELESSUSDT | +0.0604% | 4h | 0.2853 | −0.304% | $24.3M | $110.8M | 50x | as long as short |
| Orderly PERP_USELESS_USDC | +0.1216% | 4h | 0.2857 | −0.143% | $22K | $1.4M | 10x | as long as short |
| Aster USELESSUSDT | +0.1291% | 4h | 0.2851 | −0.364% | $660K | $2.2M | 10x | as long as short |
| BingX USELESS-USDT | +0.1322% | 4h | 0.2853 | −0.276% | — | $4.9M | — | as long as short |
| Variational Omni USELESS | +0.1388% | 4h | 0.2853 | −0.279% | $1.2M | $1.8M | — | as long as short |
| Bybit USELESSUSDT | +0.1396% | 4h | 0.2853 | −0.304% | $28.9M | $43.1M | 13x | as long as short |
| Hyperliquid USELESS | +0.1513% | 1h | 0.2857 | −0.140% | $14.6M | $19.8M | 3x | as long as short |
| BloFin USELESS-USDT | +0.1696% | 4h | 0.2862 | +0.042% | $1.2M | $2.0M | 12x | as long as short |
| Injective USELESS/USDC PERP | +0.5000% | 1h | 0.3006 | +5.075% | $5K | $10K | 5.5x | as long as short |
Gate USELESS_USDT
Bitget USELESSUSDT
edgeX USELESSUSDC
Extended USELESS-USD
MEXC USELESS_USDT
Binance USELESSUSDT
Orderly PERP_USELESS_USDC
Aster USELESSUSDT
BingX USELESS-USDT
Variational Omni USELESS
Bybit USELESSUSDT
Hyperliquid USELESS
BloFin USELESS-USDT
Injective USELESS/USDC PERP