Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 323.75 | 0 | 0.0000% / 8h | 4h 42m | $874 | $1.8M | 10x | Long SunX≤10% back | |
| SHORT | 322.22 | +0.0100 | get 0.0100% / 8h | 4h 42m | $645 | $397K | 10x | Short Orderly |
Price gap−0.473%
Funding gap+0.0100% /8h
Funding pays +$3 a day on $10k, but the gap is 0.407% under its 7d average: −$41 if it goes back, about 14 days of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$21+0.0100% /8h now · paid +0.209% over the last 7D
Price−$41spread −0.473% now, avg −0.065% → −0.407% if it goes back
Costsno datano order book for Orderly
Result, before costs−$20−0.20%no pointscosts unknown: no order book for Orderly · What the last 7D really paid, hour by hour → backtest
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−0.473%
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
/8hAVGO on 33 exchanges
lowest funding firstBefore you open
2 ok · 2 to watch- Note: Order book unknown—No order-book sample for Orderly: its slippage is not counted.
- Note: Margin at max leverage$1,000 + $1,000SunX 10x, Orderly 10x. 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: +$3.00Long SunX: 3 payments, $0.00; short Orderly: 3 payments, +$3.00.
- Watch: Gap narrower than usual−0.473% vs −0.065%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner$645 vs $874 OIOrderly sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legSunX No · Orderly NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0100%/8h × 21 periods+$20.91
Price spread−0.473% → −0.065% (7d avg)−$40.71
Slippage, 4 ordersno data for Orderly—
Fee SunX bp × 2 orders−$8.00
Fee Orderly bp × 2 orders−$6.00
Net, fees only · 7 days · $10k−$33.80
Costs to cover0.140%Break-even18.3 days
Slippage: SunX: live order book, 5 min ago; Orderly: no order-book sampleCost to enter
taker + slippage from mid, one sideBUY · LONGSunX482.53doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTOrderly—————
Closing costs about the same again.
Orderly: no data.
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