Funding arb · Price arb /

BE

RWAall BE markets

Swap Backtest

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h +0.008%

Price spread now: Binance against SunX+0.018%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$268as in the Funding arb table

Net, price: spread back to 7d avg − costs−$270as in the Price arb table

costs, in and out, $10k−$2722.723% of the position

Long on SunX Short on Binance

What this pair did over the last

the charts below follow

Funding, last 7 days+0.040%+$4 on $10k

Price spread, last 4 days (all we have)−0.071%−$7 · spread now +0.018%, 7d avg −0.003%

Together, before fees−0.031%−$3 on $10k · with fees, hour by hour

Funding between these two exchanges is close to zero, so right now this pair is about the price spread alone: Binance is 0.022% dearer against SunX than usual: you sell high and buy low, +$2 on $10k if it goes back to its 7-day average of −0.003%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BE-USDT	270.85	0	get 0.0000% / 8h	7h 58m	$1K	$2.2M	10x
Short	Binance BEUSDT	270.90	0	get 0.0000% / 8h	7h 58m	$8.1M	$37.1M	25x

Funding 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 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 SunXbpFee BinancebpOrdersPrice spread, now +0.018%Rate

Funding earned: $0
Price spread: +0.018% → −0.003%: $2.17
Slippage, 4 orders: −$254.27
Fee SunX: 4 bp × 2 orders: −$8
Fee Binance: 5 bp × 2 orders: −$10
Net: −$270.09
Costs to cover: 2.723%
Break-even: never at this rate

Slippage from SunX: live order book, 7 min ago; Binance: live order book, 13 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, 7 min ago	45.60 bp	126.1 bp −$126	doesn't fit	doesn't fit	doesn't fit
Sell Binance live order book, 13 min ago	0.74 bp	8.6 bp −$9	22.0 bp −$220	77.8 bp −$7,782	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
tradeXYZ xyz:BE	−0.0547%	1h	271.20	+0.129%	$5.9M	$2.8M	10x	as long as short
Gate BE_USDT	−0.0532%	8h	270.60	−0.092%	$1.4M	$3.2M	50x	as long as short
Deribit BE_USDC-PERPETUAL	−0.0119%	1h	271.08	+0.085%	$6K	$4K	10x	as long as short
Bitget BEUSDT	−0.0037%	8h	270.72	−0.048%	$1.6M	$2.6M	20x	as long as short
Aster BEUSDT	0.0000%	8h	271.13	+0.104%	$343K	$128K	20x	as long as short
Extended BE-USD	0.0000%	1h	270.76	−0.033%	$47K	$384K	10x	as long as short
Binance BEUSDTshort	0.0000%	8h	270.90	+0.018%	$8.1M	$37.1M	25x
Bybit BEUSDT	0.0000%	8h	271.05	+0.074%	$2.0M	$1.2M	25x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	270.70	−0.055%	$2.6M	$6.9M	25x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	270.90	+0.020%	$6K	$153K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
SunX BE-USDTlong	0.0000%	8h	270.85	long leg	$1K	$2.2M	10x
HTX BE-USDT	0.0000%	8h	270.94	+0.033%	$12K	$35K	20x	as long as short
Coinbase International BE-PERP-INTX	+0.0016%	1h	270.47	−0.140%	$473K	$115K	10x	as long as short
QFEX BE-USD	+0.0017%	1h	270.56	−0.107%	$1.3M	$2.2M	10x	as long as short
Lighter BE	+0.0032%	1h	271.30	+0.166%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	271.29	+0.162%	$249K	$298K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	271.01	+0.059%	$113K	$96K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	271.45	+0.222%	—	—	10x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	270.99	+0.052%	$352K	$37K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	271.12	+0.100%	—	—	10x	as long as short
BloFin BE-USDT	+0.0120%	8h	270.88	+0.011%	$45K	$144K	20x	as long as short