Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 523.53 | 0 | 0.0000% / 8h | 3h 58m | $2K | $4.9M | 10x | Long SunX≤10% back | |
| SHORT | 522.11 | +0.0149 | get 0.0019% / 1h | 58m 31s | $36K | $86K | 10x | Short Backpack |
Price gap−0.271%
Funding gap+0.0149% /8h
Funding pays +$4 a day on $10k, but the gap is 0.271% under zero (no 7-day history yet): −$27 if it goes back, about 6.1 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$48+0.0149% /8h now · paid +0.480% over the last 7D
Price—spread −0.271% now · no price history on both exchanges yet
Costs−$2522.522% of $10k · taker + slippage, in and out
Result—no pointsneeds both price histories
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−0.271%
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
/8hAMD on 39 exchanges
lowest funding firstBefore you open
0 ok · 4 to watch- Watch: Thin at this size112.5 / 5.1 bpAt $10k entering SunX costs 112.5 bp, fee and slippage, 21.9× Backpack’s.
- Note: Margin at max leverage$1,000 + $1,000SunX 10x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$4.47Long SunX: 3 payments, $0.00; short Backpack: 24 payments, +$4.47.
- Note: No 7-day spread history−0.271%The gap cannot be compared with its average yet.
- Watch: Long leg is thinner$2K vs $36K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Backpack YesKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0229%/8h × 21 periods+$48.00
Price spread−0.271% → 0−$27.12
Slippage, 4 orderslive order books−$234.25
Fee SunX bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$231.37
Costs to cover2.522%Break-even40.7 days
Slippage: SunX: live order book, 10 min ago; Backpack: live order book, 16 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX29.11112.5 bp−$113doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBackpack0.105.1 bp−$5doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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