Funding you earn now, next payment 08:00 UTC+0.0785%/8h= +85.9% APRnext payment +$7.85 per $10,000 · paid last 24h +0.041%
Price spread now: Binance against SunX+0.102%7-day average +0.144% · you sell dearer than you buy
Net, funding: paid 7d − costs−$299as in the Funding arb table
Net, price: spread back to 7d avg − costs−$302as in the Price arb table
costs, in and out, $10k−$2982.981% of the position
Funding, last 7 days−0.010%−$1 on $10k
+Price spread, last 4 days (all we have)+0.011%+$1 · spread now +0.102%, 7d avg +0.144%
=Funding pays, the price is against you. Binance is 0.042% cheaper against SunX than usual: you would sell low and buy high (spread +0.102% now, against its 7-day average of +0.144%). If the spread goes back, that is −$4 on $10k: about 4 hours of funding at the current rate (+$24 a day).
The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.010% in total (about -0.5% a year). A funding rate is set anew for every payment; at this rate the next one is about +$7.85 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX BBX-USDT | 8.6200 | 0 | get 0.0000% / 8h | 4h 02m | $1K | $740K | 10x |
| Short | Binance BBXUSDT | 8.6288 | 0.0785 | get 0.0785% / 8h | 4h 02m | $1.2M | $2.1M | 20x |
SunX BBX-USDT
Binance BBXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Binance against SunX. 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
- $164.76
- Price spread: +0.102% → +0.144%
- −$4.24
- Slippage, 4 orders
- −$280.06
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Binance: 5 bp × 2 orders
- −$10
- Net
- −$137.55
- Costs to cover
- 2.981%
- Break-even
- 12.8 days
Slippage from SunX: live order book, 20 min ago; Binance: live order book, 2 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 SunX live order book, 20 min ago | 52.17 bp | 125.4 bp −$125 | doesn't fit | doesn't fit | doesn't fit |
| Sell Binance live order book, 2 min ago | 0.58 bp | 20.7 bp −$21 | 71.7 bp −$717 | 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 | 8.6067 | −0.154% | $4K | $7K | 20x | as long as short |
| SunX BBX-USDTlong | 0.0000% | 8h | 8.6200 | long leg | $1K | $740K | 10x | |
| HTX BBX-USDT | 0.0000% | 8h | 8.6300 | +0.116% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.6400 | +0.232% | $139K | $411K | 20x | as long as short |
| GRVT BBX_USDT_Perp | +0.0126% | 8h | 8.6300 | +0.116% | $844 | $144K | 10x | as long as short |
| Variational Omni BBX | +0.0472% | 8h | 8.6300 | +0.116% | $146K | $15K | — | as long as short |
| Binance BBXUSDTshort | +0.0785% | 8h | 8.6288 | +0.102% | $1.2M | $2.1M | 20x | |
| Nado BBX-PERP | +0.1127% | 1h | 8.5924 | −0.320% | $60K | $13K | 3x | as long as short |
| Bybit BBXUSDT | +0.1390% | 8h | 8.6320 | +0.139% | $442K | $364K | 25x | as long as short |
Aster BBXUSDT
HTX BBX-USDT
KuCoin BBXUSDTM
GRVT BBX_USDT_Perp
Variational Omni BBX
Nado BBX-PERP
Bybit BBXUSDT