BE

Alert: funding

Alert: spread

Funding you earn now, next payment 16:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.030%

Price spread now: KuCoin against SunX−0.066%54s7-day average −0.032% · you buy dearer than you sell

Net, funding: paid 7d − costs−$446as in the Funding arb table

Net, price: spread back to 7d avg − costs—prices read too far apart to compare

costs, in and out, $10k−$4674.674% of the position

Long on SunX Short on KuCoin

What this pair did over the last

the charts below follow

Funding, last 7 days+0.210%+$21 on $10k

Price spread, last 4 days (all we have)−0.194%−$19 · spread now −0.066%, 7d avg −0.032%

Together, before fees+0.016%+$2 on $10k · with fees, hour by hour

Funding pays, the price is against you. KuCoin is 0.034% cheaper against SunX than usual: you would sell low and buy high (spread −0.066% now, against its 7-day average of −0.032%). If the spread goes back, that is −$3 on $10k: about 27 hours of funding at the current rate (+$3 a day). The two prices were read 54 seconds apart, so part of this spread may be the market moving, not a spread.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	SunX BE-USDT	274.72	0	get 0.0000% / 8h	5h 27m	$1K	$2.0M	10x
Short	KuCoin BEUSDTM	274.54	0.0100	get 0.0100% / 8h	5h 27m	$356K	$216K	20x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

KuCoin 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 KuCoinbpOrdersPrice spread, now −0.066%Rate

Funding earned: $21
Price spread: −0.066% → −0.032%: −$3.39
Slippage, 4 orders: −$447.37
Fee SunX: 4 bp × 2 orders: −$8
Fee KuCoin: 6 bp × 2 orders: −$12
Net: −$449.76
Costs to cover: 4.674%
Break-even: 156.9 days

Slippage from SunX: live order book, 3 min ago; KuCoin: live order book, 7 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, 3 min ago	45.64 bp	125.4 bp −$125	doesn't fit	doesn't fit	doesn't fit
Sell KuCoin live order book, 7 min ago	17.68 bp	70.3 bp −$70	doesn't fit	doesn't fit	doesn't fit

BE on 21 exchanges

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	274.99	+0.098%	$347K	$137K	20x	as long as short
Bybit BEUSDT	0.0000%	8h	274.76	+0.015%	$2.0M	$1.0M	25x	as long as short
OKX BE-USDT-SWAP	0.0000%	8h	274.64	−0.029%	$2.6M	$6.9M	25x	as long as short
Gate BE_USDT	0.0000%	8h	274.50	−0.080%	$1.4M	$3.4M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	274.70	−0.007%	$1.6M	$3.0M	20x	as long as short
SunX BE-USDTlong	0.0000%	8h	274.72	long leg	$1K	$2.0M	10x
HTX BE-USDT	0.0000%	8h	274.94	+0.080%	$12K	$35K	20x	as long as short
Coinbase International BE-PERP-INTX	+0.0008%	1h	274.05	−0.244%	$469K	$132K	10x	as long as short
Extended BE-USD	+0.0016%	1h	274.66	−0.023%	$46K	$386K	10x	as long as short
Binance BEUSDT	+0.0019%	8h	274.79	+0.025%	$8.2M	$39.0M	25x	as long as short

Show all 21 exchanges

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
Lighter BE	+0.0032%	1h	274.50	−0.080%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	274.64	−0.029%	$249K	$301K	10x	as long as short
QFEX BE-USD	+0.0037%	1h	274.56	−0.058%	$1.3M	$2.2M	10x	as long as short
Arcus BE-USD	+0.0040%	1h	274.55	−0.062%	$114K	$96K	10x	as long as short
Vest BE-USD-PERP	+0.0046%	1h	274.70	−0.007%	—	—	10x	as long as short
BloFin BE-USDT	+0.0066%	8h	274.85	+0.047%	$46K	$163K	20x	as long as short
KuCoin BEUSDTMshort	+0.0100%	8h	274.54	−0.066%	$356K	$216K	20x
Aevo BE-PERP	+0.0104%	1h	274.74	+0.007%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0104%	1h	274.73	+0.004%	$5.9M	$2.8M	10x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0151%	1h	274.67	−0.018%	$7K	$4K	10x	as long as short
GRVT BE_USDT_Perp	+0.0466%	8h	274.70	−0.009%	$6K	$135K	10x	as long as short