BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0089%/8h= +9.7% APRnext payment +$0.89 per $10,000 · paid last 24h 0.000%

Price spread now: Bybit against SunX+0.033%7-day average −0.018% · 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−$298as in the Price arb table

costs, in and out, $10k−$3033.030% of the position

Long on SunX Short on Bybit

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)−0.380%−$38 · spread now +0.033%, 7d avg −0.018%

Together, before fees−0.339%−$34 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and Bybit is 0.051% dearer against SunX than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of −0.018%.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BE-USDT	275.06	0	get 0.0000% / 8h	4h 28m	$968	$2.4M	10x
Short	Bybit BEUSDT	275.15	0.0089	get 0.0089% / 8h	4h 28m	$2.0M	$1.2M	25x

Funding 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 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 BybitbpOrdersPrice spread, now +0.033%Rate

Funding earned: $18.63
Price spread: +0.033% → −0.018%: $5.05
Slippage, 4 orders: −$284
Fee SunX: 4 bp × 2 orders: −$8
Fee Bybit: 5.5 bp × 2 orders: −$11
Net: −$279.31
Costs to cover: 3.030%
Break-even: 111.9 days

Slippage from SunX: live order book, 9 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, 9 min ago	46.26 bp	127.1 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell Bybit live order book, 4 min ago	2.00 bp	19.8 bp −$20	153.2 bp −$1,532	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	274.90	−0.059%	$346K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	274.80	−0.095%	$1.5M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.07	+0.004%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.46	+0.147%	$6K	$162K	10x	as long as short
SunX BE-USDTlong	0.0000%	8h	275.06	long leg	$968	$2.4M	10x
HTX BE-USDT	0.0000%	8h	275.42	+0.131%	$13K	$34K	20x	as long as short
Lighter BE	+0.0032%	1h	274.81	−0.091%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.99	−0.025%	$251K	$291K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0040%	1h	273.08	−0.720%	$473K	$129K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.26	+0.073%	$115K	$109K	10x	as long as short

Show all 21 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Vest BE-USD-PERP	+0.0046%	1h	275.22	+0.058%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	274.98	−0.029%	$5.9M	$2.6M	10x	as long as short
QFEX BE-USD	+0.0052%	1h	275.16	+0.036%	$1.3M	$2.7M	10x	as long as short
Binance BEUSDT	+0.0064%	8h	275.11	+0.017%	$8.5M	$36.4M	25x	as long as short
Extended BE-USD	+0.0064%	1h	275.03	−0.009%	$49K	$260K	10x	as long as short
Bybit BEUSDTshort	+0.0089%	8h	275.15	+0.033%	$2.0M	$1.2M	25x
KuCoin BEUSDTM	+0.0100%	8h	275.12	+0.022%	$372K	$21K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.01	−0.019%	—	—	10x	as long as short
OKX BE-USDT-SWAP	+0.0144%	8h	275.21	+0.055%	$2.7M	$6.8M	25x	as long as short
BloFin BE-USDT	+0.0186%	8h	275.45	+0.142%	$45K	$141K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0441%	1h	275.03	−0.011%	$7K	$4K	10x	as long as short