Funding you earn now, next payment 08:00 UTC+0.0858%/8h= +93.9% APRnext payment +$8.58 per $10,000 · paid last 24h +0.152%
Price spread now: Bybit against SunX+0.140%7-day average +0.188% · you sell dearer than you buy
Net, funding: paid 7d − costs−$443as in the Funding arb table
Net, price: spread back to 7d avg − costs−$482as in the Price arb table
costs, in and out, $10k−$4774.772% of the position
Funding, last 7 days+0.346%+$35 on $10k
+Price spread, last 4 days (all we have)−0.353%−$35 · spread now +0.140%, 7d avg +0.188%
=Funding pays, the price is against you. Bybit is 0.048% cheaper against SunX than usual: you would sell low and buy high (spread +0.140% now, against its 7-day average of +0.188%). If the spread goes back, that is −$5 on $10k: about 4 hours of funding at the current rate (+$26 a day). At the pace of the last 7 days (+0.346% in total) that is about 23 hours.
The current funding rate is far above what this pair has been paying: over the last 7 days it paid 0.346% in total (about 18.0% a year). A funding rate is set anew for every payment; at this rate the next one is about +$8.58 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 | 8.5600 | 0 | get 0.0000% / 8h | 5h 42m | $1K | $758K | 10x |
| Short | Bybit BBXUSDT | 8.5720 | 0.0858 | get 0.0858% / 8h | 5h 42m | $439K | $1.3M | 25x |
SunX BBX-USDT
Bybit BBXUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit 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
- $180.16
- Price spread: +0.140% → +0.188%
- −$4.76
- Slippage, 4 orders
- −$458.23
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$301.82
- Costs to cover
- 4.772%
- Break-even
- 18.7 days
Slippage from SunX: live order book, 60 min ago; Bybit: live order book, 4 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, 60 min ago | 52.60 bp | 116.9 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 4 min ago | 3.50 bp | 98.7 bp −$99 | 209.8 bp −$2,098 | 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 | 8.5635 | +0.041% | $4K | $7K | 20x | as long as short |
| GRVT BBX_USDT_Perp | 0.0000% | 8h | 8.5698 | +0.115% | $717 | $152K | 10x | as long as short |
| SunX BBX-USDTlong | 0.0000% | 8h | 8.5600 | long leg | $1K | $758K | 10x | |
| HTX BBX-USDT | 0.0000% | 8h | 8.5500 | −0.117% | $7K | $2K | 10x | as long as short |
| KuCoin BBXUSDTM | +0.0100% | 8h | 8.5900 | +0.350% | $136K | $421K | 20x | as long as short |
| Variational Omni BBX | +0.0251% | 8h | 8.5685 | +0.099% | $145K | $14K | — | as long as short |
| Binance BBXUSDT | +0.0481% | 8h | 8.5680 | +0.093% | $1.2M | $2.1M | 20x | as long as short |
| Nado BBX-PERP | +0.0675% | 1h | 8.5623 | +0.027% | $59K | $13K | 3x | as long as short |
| Bybit BBXUSDTshort | +0.0858% | 8h | 8.5720 | +0.140% | $439K | $1.3M | 25x |
Aster BBXUSDT
GRVT BBX_USDT_Perp
HTX BBX-USDT
KuCoin BBXUSDTM
Variational Omni BBX
Binance BBXUSDT
Nado BBX-PERP