Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin−0.579%7-day average −0.047% · you buy dearer than you sell
Net, funding: paid 7d − costs−$862as in the Funding arb table
Net, price: spread back to 7d avg − costs−$894as in the Price arb table
costs, in and out, $10k−$8418.408% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 4 days (all we have)+0.830%+$83 · spread now −0.579%, 7d avg −0.047%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.533% cheaper against KuCoin than usual: you would sell low and buy high (−$53 if the spread goes back to its 7-day average of −0.047%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BBXUSDTM | 8.6300 | 0.0100 | pay 0.0100% / 8h | 3h 48m | $139K | $413K | 20x |
| Short | SunX BBX-USDT | 8.5800 | 0 | get 0.0000% / 8h | 3h 48m | $1K | $736K | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.579% → −0.047%
- −$53.28
- Slippage, 4 orders
- −$820.83
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$915.11
- Costs to cover
- 8.408%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 24 min ago; SunX: live order book, 33 min ago.
Cost to enter
taker fee + slippage from the mid, one side; closing costs about the same again| Leg | Half-spread | $10k | $100k | $1M | $5M |
|---|---|---|---|---|---|
| Buy KuCoin live order book, 24 min ago | 5.79 bp | 302.7 bp −$303 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 33 min ago | 52.17 bp | 127.1 bp −$127 | doesn't fit | doesn't fit | doesn't fit |
BBX on 9 venues
lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Aster BBXUSDT | 0.0000% | 8h | 8.5979 | −0.371% | $4K | $7K | 20x | as long as short |
| SunX BBX-USDTshort | 0.0000% | 8h | 8.5800 | −0.579% | $1K | $736K | 10x | |
| HTX BBX-USDT | 0.0000% | 8h | 8.5700 | −0.695% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTMlong | +0.0100% | 8h | 8.6300 | long leg | $139K | $413K | 20x | |
| GRVT BBX_USDT_Perp | +0.0180% | 8h | 8.6200 | −0.116% | $809 | $143K | 10x | as long as short |
| Variational Omni BBX | +0.0562% | 8h | 8.5990 | −0.359% | $146K | $15K | — | as long as short |
| Binance BBXUSDT | +0.0821% | 8h | 8.5880 | −0.487% | $1.2M | $2.1M | 20x | as long as short |
| Nado BBX-PERP | +0.1307% | 1h | 8.5824 | −0.552% | $60K | $13K | 3x | as long as short |
| Bybit BBXUSDT | +0.1371% | 8h | 8.6010 | −0.336% | $441K | $352K | 25x | as long as short |
KuCoin BBXUSDTM
SunX BBX-USDT
Aster BBXUSDT
HTX BBX-USDT
GRVT BBX_USDT_Perp
Variational Omni BBX
Binance BBXUSDT
Bybit BBXUSDT