BE

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC+0.0124%/8h= +13.6% APRnext payment +$1.24 per $10,000 · paid last 24h +0.026%

Price spread now: OKX against SunX+0.145%7-day average −0.003% · you sell dearer than you buy

Net, funding: paid 7d − costs−$283as in the Funding arb table

Net, price: spread back to 7d avg − costs−$271as in the Price arb table

costs, in and out, $10k−$2862.859% of the position

Long on SunX Short on OKX

What this pair did over the last

the charts below follow

Funding, last 7 days+0.026%+$3 on $10k

Price spread, last 4 days (all we have)−0.401%−$40 · spread now +0.145%, 7d avg −0.003%

Together, before fees−0.375%−$38 on $10k · with fees, hour by hour

Both sides work for this trade now. Funding pays +$4 a day on $10k at the current rate, and OKX is 0.148% dearer against SunX than usual: you sell high and buy low: +$15 more if the spread 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	275.36	0	get 0.0000% / 8h	4h 43m	$1K	$2.4M	10x
Short	OKX BE-USDT-SWAP	275.76	0.0124	get 0.0124% / 8h	4h 43m	$2.7M	$6.8M	25x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

OKX 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 OKXbpOrdersPrice spread, now +0.145%Rate

Funding earned: $26.04
Price spread: +0.145% → −0.003%: $14.79
Slippage, 4 orders: −$267.93
Fee SunX: 4 bp × 2 orders: −$8
Fee OKX: 5 bp × 2 orders: −$10
Net: −$245.09
Costs to cover: 2.859%
Break-even: 72.9 days

Slippage from SunX: live order book, 3 min ago; OKX: live order book, 5 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	46.10 bp	127.1 bp −$127	doesn't fit	doesn't fit	doesn't fit
Sell OKX live order book, 5 min ago	1.09 bp	19.6 bp −$20	81.5 bp −$815	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	275.68	+0.117%	$347K	$119K	20x	as long as short
Gate BE_USDT	0.0000%	8h	275.40	+0.015%	$1.5M	$3.3M	50x	as long as short
Bitget BEUSDT	0.0000%	8h	275.72	+0.131%	$1.7M	$2.5M	20x	as long as short
GRVT BE_USDT_Perp	0.0000%	8h	275.45	+0.032%	$6K	$163K	10x	as long as short
SunX BE-USDTlong	0.0000%	8h	275.36	long leg	$1K	$2.4M	10x
HTX BE-USDT	0.0000%	8h	275.91	+0.200%	$13K	$34K	20x	as long as short
Lighter BE	+0.0032%	1h	275.57	+0.076%	—	—	10x	as long as short
Lighter RH BE	+0.0032%	1h	275.72	+0.131%	$252K	$289K	10x	as long as short
Coinbase International BE-PERP-INTX	+0.0040%	1h	273.08	−0.828%	$473K	$129K	10x	as long as short
Arcus BE-USD	+0.0040%	1h	275.31	−0.018%	$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	275.55	+0.069%	—	—	10x	as long as short
tradeXYZ xyz:BE	+0.0050%	1h	275.57	+0.076%	$5.9M	$2.6M	10x	as long as short
QFEX BE-USD	+0.0052%	1h	275.69	+0.120%	$1.3M	$2.7M	10x	as long as short
Binance BEUSDT	+0.0071%	8h	275.85	+0.178%	$8.5M	$36.3M	25x	as long as short
Extended BE-USD	+0.0072%	1h	275.78	+0.152%	$46K	$256K	10x	as long as short
Bybit BEUSDT	+0.0077%	8h	275.83	+0.171%	$2.0M	$1.2M	25x	as long as short
KuCoin BEUSDTM	+0.0100%	8h	275.71	+0.127%	$372K	$20K	20x	as long as short
Aevo BE-PERP	+0.0104%	1h	275.78	+0.153%	—	—	10x	as long as short
OKX BE-USDT-SWAPshort	+0.0124%	8h	275.76	+0.145%	$2.7M	$6.8M	25x
BloFin BE-USDT	+0.0191%	8h	275.81	+0.163%	$45K	$142K	20x	as long as short
Deribit BE_USDC-PERPETUAL	+0.0621%	1h	275.84	+0.174%	$7K	$4K	10x	as long as short