BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0012%/8h= −1.3% APRnext payment −$0.12 per $10,000 · paid last 24h 0.000%

Price spread now: SunX against Bybit−0.015%7-day average +0.017% · you buy dearer than you sell

Net, funding: paid 7d − costs−$320as in the Funding arb table

Net, price: spread back to 7d avg − costs−$319as in the Price arb table

costs, in and out, $10k−$3163.157% of the position

Long on Bybit Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.041%−$4 on $10k

Price spread, last 4 days (all we have)+0.248%+$25 · spread now −0.015%, 7d avg +0.017%

Together, before fees+0.206%+$21 on $10k · with fees, hour by hour

Both sides work against this trade now: funding costs $0 a day on $10k at the current rate, and SunX is 0.031% cheaper against Bybit than usual: you would sell low and buy high (−$3 if the spread goes back to its 7-day average of +0.017%). Swap the legs.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	Bybit BEUSDT	272.76	0.0012	pay 0.0012% / 8h	2h 53m	$2.0M	$1.1M	25x
Short	SunX BE-USDT	272.72	0	get 0.0000% / 8h	2h 53m	$968	$2.4M	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against Bybit. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee BybitbpFee SunXbpOrdersPrice spread, now −0.015%Rate

Funding earned: −$2.42
Price spread: −0.015% → +0.017%: −$3.14
Slippage, 4 orders: −$296.71
Fee Bybit: 5.5 bp × 2 orders: −$11
Fee SunX: 4 bp × 2 orders: −$8
Net: −$321.26
Costs to cover: 3.157%
Break-even: never at this rate

Slippage from Bybit: live order book, 3 min ago; SunX: live order book, 3 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 Bybit live order book, 3 min ago	3.48 bp	17.0 bp −$17	136.2 bp −$1,362	doesn't fit	doesn't fit
Sell SunX live order book, 3 min ago	45.27 bp	129.4 bp −$129	doesn't fit	doesn't fit	doesn't fit

BE on 21 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 BEUSDT	0.0000%	8h	272.56	−0.074%	$343K	$120K	20x	as long as short
Extended BE-USD	0.0000%	1h	272.61	−0.054%	$47K	$258K	10x	as long as short
Binance BEUSDT	0.0000%	8h	272.76	+0.001%	$8.3M	$37.0M	25x	as long as short
Gate BE_USDT	0.0000%	8h	272.60	−0.059%	$1.4M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	272.70	−0.022%	$1.6M	$2.6M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	272.39	−0.134%	$6K	$162K	10x	as long as short
SunX BE-USDTshort	0.0000%	8h	272.72	−0.015%	$968	$2.4M	10x
HTX BE-USDT	0.0000%	8h	272.69	−0.026%	$13K	$35K	20x	as long as short
Bybit BEUSDTlong	+0.0012%	8h	272.76	long leg	$2.0M	$1.1M	25x
QFEX BE-USD	+0.0024%	1h	272.57	−0.070%	$1.3M	$2.5M	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	272.39	−0.136%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	272.54	−0.081%	$249K	$290K	10x	as long as short
OKX BE-USDT-SWAP	+0.0035%	8h	272.64	−0.044%	$2.6M	$6.9M	25x	as long as short
Arcus BE-USD	+0.0040%	1h	272.25	−0.187%	$114K	$109K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	272.50	−0.095%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	272.47	−0.106%	$5.9M	$2.7M	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0056%	1h	271.77	−0.363%	$475K	$136K	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	272.48	−0.103%	$368K	$17K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	272.60	−0.058%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	272.70	−0.022%	$45K	$144K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0411%	1h	272.63	−0.048%	$6K	$4K	10x	as long as short