Funding you earn now, next payment 00:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: SunX against KuCoin+0.088%7-day average +0.029% · you sell dearer than you buy
Net, funding: paid 7d − costs−$484as in the Funding arb table
Net, price: spread back to 7d avg − costs−$457as in the Price arb table
costs, in and out, $10k−$4634.629% of the position
Funding, last 7 days−0.210%−$21 on $10k
+Price spread, last 3 days (all we have)+0.131%+$13 · spread now +0.088%, 7d avg +0.029%
=The price spread pays, funding is against you. SunX is 0.059% dearer against KuCoin than usual: you sell high and buy low (spread +0.088% now, against its 7-day average of +0.029%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 47 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BEUSDTM | 273.82 | 0.0100 | pay 0.0100% / 8h | 44m 11s | $370K | $23K | 20x |
| Short | SunX BE-USDT | 274.06 | 0 | get 0.0000% / 8h | 44m 11s | $1K | $2.6M | 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: +0.088% → +0.029%
- $5.9
- Slippage, 4 orders
- −$442.93
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$478.02
- Costs to cover
- 4.629%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 18 min ago; SunX: 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 KuCoin live order book, 18 min ago | 17.20 bp | 94.8 bp −$95 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 44.69 bp | 128.4 bp −$128 | 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 | 274.58 | +0.277% | $345K | $118K | 20x | as long as short |
| Bybit BEUSDT | 0.0000% | 8h | 274.00 | +0.066% | $2.0M | $1.2M | 25x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 273.90 | +0.029% | $1.5M | $3.7M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 273.90 | +0.029% | $1.7M | $2.7M | 20x | as long as short |
| SunX BE-USDTshort | 0.0000% | 8h | 274.06 | +0.088% | $1K | $2.6M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 274.17 | +0.128% | $13K | $33K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 273.72 | −0.037% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 273.96 | +0.051% | $250K | $380K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 273.80 | −0.007% | $114K | $134K | 10x | as long as short |
| Vest BE-USD-PERP | +0.0046% | 1h | 273.95 | +0.047% | — | — | 10x | as long as short |
Show all 21 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| QFEX BE-USD | +0.0073% | 1h | 273.97 | +0.055% | $1.3M | $3.8M | 10x | as long as short |
| Extended BE-USD | +0.0088% | 1h | 274.00 | +0.066% | $46K | $270K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0088% | 1h | 274.13 | +0.113% | $469K | $123K | 10x | as long as short |
| Binance BEUSDT | +0.0089% | 8h | 274.06 | +0.087% | $8.5M | $37.0M | 25x | as long as short |
| KuCoin BEUSDTMlong | +0.0100% | 8h | 273.82 | long leg | $370K | $23K | 20x | |
| Aevo BE-PERP | +0.0104% | 1h | 274.00 | +0.065% | — | — | 10x | as long as short |
| tradeXYZ xyz:BE | +0.0119% | 1h | 273.81 | −0.004% | $5.9M | $2.9M | 10x | as long as short |
| GRVT BE_USDT_Perp | +0.0123% | 8h | 274.11 | +0.105% | $7K | $184K | 10x | as long as short |
| BloFin BE-USDT | +0.0207% | 8h | 274.06 | +0.088% | $45K | $141K | 20x | as long as short |
| OKX BE-USDT-SWAP | +0.0236% | 8h | 274.26 | +0.161% | $2.6M | $6.8M | 25x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0736% | 1h | 274.03 | +0.077% | $7K | $4K | 10x | as long as short |
KuCoin BEUSDTM
SunX BE-USDT
Aster BEUSDT
Bybit BEUSDT
Gate BE_USDT
Bitget BEUSDT
HTX BE-USDT
Lighter BE
Lighter RH BE
Extended BE-USD
Coinbase International BE-PERP-INTX
Binance BEUSDT
tradeXYZ xyz:BE
GRVT BE_USDT_Perp
BloFin BE-USDT
OKX BE-USDT-SWAP
Deribit BE_USDC-PERPETUAL