Funding you earn now, next payment 12:00 UTC+0.0026%/8h= +2.8% APRnext payment +$0.13 per $10,000 · paid last 24h +0.033%
Price spread now: SunX against MEXC+0.045%53s7-day average −0.048% · you sell dearer than you buy
Net, funding: paid 7d − costs−$42as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$530.532% of the position
Funding, last 7 days+0.108%+$11 on $10k
+Price spread, last 4 days (all we have)−0.205%−$21 · spread now +0.045%, 7d avg −0.048%
=Both sides work for this trade now. Funding pays +$1 a day on $10k at the current rate, and SunX is 0.093% dearer against MEXC than usual: you sell high and buy low: +$9 more if the spread goes back to its 7-day average of −0.048%. The two prices were read 53 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC USOIL_USDT | 89.430 | −0.0026 | get 0.0013% / 4h | 1h 08m | $56.8M | $83.5M | 200x |
| Short | SunX USOIL-USDT | 89.470 | 0 | get 0.0000% / 4h | 1h 08m | $4K | $1.7M | 20x |
MEXC USOIL_USDT
SunX USOIL-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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
- $5.46
- Price spread: +0.045% → −0.048%
- $9.27
- Slippage, 4 orders
- −$43.15
- Fee MEXC: 1 bp × 2 orders
- −$2
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$38.42
- Costs to cover
- 0.532%
- Break-even
- 56.3 days
Slippage from MEXC: live order book, 4 min ago; SunX: live order book, 1 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 MEXC live order book, 4 min ago | 0.56 bp | 1.6 bp −$2 | 1.6 bp −$16 | 1.6 bp −$165 | 4.1 bp −$2,028 |
| Sell SunX live order book, 1 min ago | 18.99 bp | 23.3 bp −$23 | 34.1 bp −$341 | doesn't fit | doesn't fit |
USOIL on 3 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC USOIL_USDTlong | −0.0026% | 4h | 89.430 | long leg | $56.8M | $83.5M | 200x | |
| SunX USOIL-USDTshort | 0.0000% | 4h | 89.470 | +0.045% | $4K | $1.7M | 20x | |
| HTX USOIL-USDT | 0.0000% | 4h | 89.530 | +0.112% | $1.8M | $5.1M | 75x | as long as short |
HTX USOIL-USDT