Funding arb · Price arb / Crypto
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 0.2472 | +0.0100 | pay 0.0050% / 4h | 15m 10s | $1.7M | $2.4M | 50x | Long Phemex | |
| SHORT | 0.2467 | +0.0100 | get 0.0050% / 4h | 15m 10s | $2K | $1.2M | 50x | Short SunX≤10% back |
Price gap−0.202%
Funding gap0.0000% /8h
Funding is ≈ 0 and the gap is 0.036% under its 7d average: the price leg works against you, −$4 on $10k if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding$00.0000% /8h now · paid 0.000% over the last 7D
Price−$4spread −0.202% now, avg −0.167% → −0.036% if it goes back
Costs−$2452.453% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / ExitSunX: thin, under $1M open interest
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.202%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hWIF on 33 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size46.4 / 65.5 bpAt $10k entering SunX costs 65.5 bp, fee and slippage, 1.4× Phemex’s.
- Note: Margin at max leverage$200 + $200Phemex 50x, SunX 50x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval4h / 4hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: $0.00Long Phemex: 6 payments, −$3.00; short SunX: 6 payments, +$3.00.
- Watch: Gap narrower than usual−0.202% vs −0.167%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$2K vs $1.7M OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCPhemex Yes · SunX NoKYC unlocks spot and futures trading; an unverified account cannot withdraw at all.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned0.0000%/8h × 21 periods$0.00
Price spread−0.202% → −0.167% (7d avg)−$3.56
Slippage, 4 orderslive order books−$225.31
Fee Phemex bp × 2 orders−$12.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$248.87
Costs to cover2.453%Break-evennever at this rate
Slippage: Phemex: live order book, 4 min ago; SunX: live order book, 4 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGPhemex4.0546.4 bp−$46169.7 bp−$1,697doesn’t fitdoesn’t fit
SELL · SHORTSunX34.4265.5 bp−$65doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 01:05 | Reya | Listing | WIFRUSDPERP no longer reported ($WIF) seen by our collector |
| 09-23 12:07 | Phemex | Listing | 🚀 New listing: $WIF Perps (@dogwifcoin) $WIF/USDT futures are now live on Phemex with up to 20x leverage. 🔗 Trade here: @Phemex_official on X ↗ |
| 09-23 09:31 | Phemex | Listing | new market WIFUSDT ($WIF) seen by our collector |
| 09-22 07:03 | ApeX Omni | Other | 59 up, 26 down on the ApeX board, median name +2.5%. Memecoins swept it: ethereum:0x6982508145454ce325ddbe47a25d4ec3d2311933 +25.9%, $BONK +20.5%, $WIF +20.1%, with $TAO +18.2%. $AR -15.0% is the only real casualty. This is what a short squeeze looks like on day two. @OfficialApeXdex on X ↗ |


ApeX Omni