Funding arb · Price arb / RWA

AGPU

RWAAll AGPU markets →

LONGSunX▾Bitget −0.1218%Binance −0.0269%Gate 0.0000%KuCoin 0.0000%SunX 0.0000%HTX 0.0000%Phemex 0.0000%Aster +0.0100%

⇄⇅

SHORTBingX▾Aster +0.0100%Gate 0.0000%KuCoin 0.0000%HTX 0.0000%Phemex 0.0000%Binance −0.0269%Bitget −0.1218%BingX −0.1230%

Backtest 30d☆

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXAGPU-USDT	11.590	0	0.0000% / 8h	7h 59m	$1K	$161K	10x	Long SunX≤10% back
SHORT	BingXNCSKAGPU2USD-USDT	11.600	−0.1230	pay 0.1230% / 8h	7h 59m	$922K	$1.2M	—	Short BingX

Price gap+0.086%55s

Funding gap−0.1230% /8h

Funding costs $37 a day on $10k at the current rate. Swap the legs.

The two prices were read 55 s apart: part of this gap may be the market moving.

The current funding rate is far below what this pair has been paying: over the last 7 days it paid −0.016% in total, about −0.0007%/8h on average.

Price and funding

Price spreadPricesFundingLeg ratesP&L

1m5m15m

1h · loading 5m…

24H3D7D14D30D90D

Price spread?

Prices?

Funding?per 8h

P&L?

PRICE SPREAD · 7D

Now+0.086%

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

/8h

24H3D7D14D30D90D

SunXBingX

AGPU on 9 exchanges

lowest funding first

Before you open

1 ok · 4 to watch

• ✕
  Problem: Doesn’t fit the books—

  $10k a leg is deeper than SunX’s order book right now.
• i
  Note: Margin at max leverage$1,000 + —

  SunX 10x, BingX —. Keep about 2× this so a sharp move doesn’t liquidate one leg.
• ✓
  OK: Same payment interval8h / 8h

  Both legs pay at the same time.

  Long SunX · 8h$0.00

  Short BingX · 8h−$36.90

  now+6h+12h+18h+24h

  Next 24h at the current rates, on $10k a leg: −$36.90Long SunX: 3 payments, $0.00; short BingX: 3 payments, −$36.90.
• !
  Watch: Prices read 55 s apart+0.086% vs +0.099%

  Part of this gap may be the market moving.
• !
  Watch: Long leg is thinner$1K vs $922K OI

  SunX sets your exit cost. Check its book before closing.
• i
  Note: No points program—

  Neither exchange runs points right now.
• !
  Watch: KYCSunX No · BingX Yes

  Advanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.

Profit calculator

both legs, in and out

Position, each leg

$10k$100k$1M

Hold for

1 day7 days30 days

Orders

takermaker

Price spread

to 7d avgclosesnot counted

Funding rate

range avgcurrent

Funding earned−0.0007%/8h × 21 periods−$1.57

Price spreadprices read too far apart to compare—

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee BingX bp × 2 orders−$10.00

Net · 7 days · $10k—

doesn’t fit the books at $10kprice spread not counted: prices read too far apart

Costs to cover—Break-even—

Slippage: SunX: live order book, 39 min ago; BingX: live order book, 12 min ago

Cost to enter

taker + slippage from mid, one side

Leg½ spr$10k$100k$1M$5M

BUY · LONGSunX64.63doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTBingX12.9161.4 bp−$61179.3 bp−$1,793530.6 bp−$53.1Kdoesn’t fit

Closing costs about the same again.

Alert

FundingSpread

Tell me when it goes above%/8hNot more often than everymin

Create alert

AGPU news

posts that mention AGPU, from every exchangeSearch all news →

09-26 07:04	BingX	Other	Wall Street signed off in green 📈 NASDAQ led the week at +2.06%, while AGPU topped our BingX TradFi 24h movers snapshot at +8.79%. which ticker’s on your watchlist next week? @BingXOfficial on X ↗
09-23 09:00	KuCoin	Listing	new market AGPUUSDTM ($AGPU) seen by our collector
09-22 13:38	Phemex	Listing	Seven new US stock perpetuals. 10x leverage. One important catch: they launched before Monday’s cash session. $AGPU, $AMC, $ANET, $APLD, $CYPH, $HUT and $PATH are now live on Phemex. No expiry. USDT margin. Funding every 8 hours. Trade the names. Respect the first prints. 👇🏻 @Phemex_official on X ↗
09-21 09:30	HTX	Listing	New TradFi perp are listed! 🚀 Trade the following on @HTXFutures: 🔹 UiPath (PATH) 🔹 Cypherpunk Tech (CYPH) 🔹 Axe Compute (AGPU) 🔹 Hut 8 (HUT) 🔹 AMC Entertainment (AMC) Available 24/7, up to 20x leverage. Know More: @HTX_Global on X ↗
09-20 11:07	Phemex	Listing	New TradFi Futures listings are now LIVE with up to 10x leverage: 🟢 $AGPU / $APLD / $HUT / $ANET / $CYPH / $AMC / $PATH 👇 Trade directly with USDT on Phemex TradFi Futures @Phemex_official on X ↗
09-20 08:10	Phemex	Listing	new market AGPUUSDT ($AGPU) seen by our collector