Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 247.03 | 0 | 0.0000% / 8h | 3h 57m | — | $1.3M | 10x | Long SunX≤10% back | |
| SHORT | 249.40 | −0.0836 | pay 0.0836% / 8h | 3h 57m | $85K | $105K | 20x | Short Bitget |
Price gap+0.959%
Funding gap−0.0836% /8h
The gap pays +$96 on $10k if it goes back to its 7d average, but funding costs $25 a day and eats that in about 3.8 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$9−0.0836% /8h now · paid +0.086% over the last 7D
Price+$96spread +0.959% now, avg −0.003% → +0.962% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$105+1.05%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.086% in total, about +0.0041%/8h on average.
Price and funding
1h · historyEntry / Exit
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+0.959%
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
/8hACN on 11 exchanges
lowest funding firstBefore you open
2 ok · 3 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $500SunX 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$25.08Long SunX: 3 payments, $0.00; short Bitget: 3 payments, −$25.08.
- OK: Entry gap works for you+0.959% vs −0.003%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Long leg is thinner— vs $85K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0041%/8h × 21 periods+$8.59
Price spread+0.959% → −0.003% (7d avg)+$96.24
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 8 min ago; Bitget: live order book, 49 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX900.32doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget4.6111.1 bp−$1140.4 bp−$404doesn’t fitdoesn’t fit
Closing costs about the same again.
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