Funding you earn now, next payment 04:00 UTC−0.0050%/8h= −5.5% APRpaid last 24h −0.028%
Price spread now: SunX against tradeXYZ+0.058%7-day average +0.047% · you sell dearer than you buy
Net, funding: paid 7d − costs−$302as in the Funding arb table
Net, price: spread back to 7d avg − costs−$287as in the Price arb table
costs, in and out, $10k−$2882.879% of the position
Funding, last 7 days−0.138%−$14 on $10k
+Price spread, last 4 days (all we have)+0.324%+$32 · spread now +0.058%, 7d avg +0.047%
=Together, before fees+0.186%+ Points / potential airdroptradeXYZ: Active · farm board+$19 on $10k · with fees, hour by hour
The price spread sits at its 7-day average of +0.047%, so right now this pair is about funding alone: −$2 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | tradeXYZ xyz:BE | 275.43 | 0.0050 | pay 0.0006% / 1h | 36m 16s | $5.9M | $2.6M | 10x |
| Short | SunX BE-USDT | 275.59 | 0 | get 0.0000% / 8h | 4h 36m | $1K | $2.4M | 10x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against tradeXYZ. 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
- −$10.5
- Price spread: +0.058% → +0.047%
- $1.11
- Slippage, 4 orders
- −$261.91
- Fee tradeXYZ: 9 bp × 2 orders
- −$18
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$297.3
- Costs to cover
- 2.879%
- Break-even
- never at this rate
Slippage from tradeXYZ: live order book, 2 min ago; SunX: live order book, 10 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 tradeXYZ live order book, 2 min ago | 1.82 bp | 14.0 bp −$14 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 10 min ago | 46.10 bp | 130.5 bp −$130 | 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 | 275.36 | −0.026% | $347K | $119K | 20x | as long as short |
| Gate BE_USDT | 0.0000% | 8h | 275.30 | −0.047% | $1.5M | $3.3M | 50x | as long as short |
| Bitget BEUSDT | 0.0000% | 8h | 275.50 | +0.025% | $1.7M | $2.5M | 20x | as long as short |
| GRVT BE_USDT_Perp | 0.0000% | 8h | 275.67 | +0.087% | $6K | $163K | 10x | as long as short |
| SunX BE-USDTshort | 0.0000% | 8h | 275.59 | +0.058% | $1K | $2.4M | 10x | |
| HTX BE-USDT | 0.0000% | 8h | 275.65 | +0.080% | $13K | $34K | 20x | as long as short |
| Lighter BE | +0.0032% | 1h | 275.26 | −0.062% | — | — | 10x | as long as short |
| Lighter RH BE | +0.0032% | 1h | 275.44 | +0.004% | $251K | $291K | 10x | as long as short |
| Coinbase International BE-PERP-INTX | +0.0040% | 1h | 273.08 | −0.853% | $473K | $129K | 10x | as long as short |
| Arcus BE-USD | +0.0040% | 1h | 275.44 | +0.004% | $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 | 275.56 | +0.047% | — | — | 10x | as long as short |
| tradeXYZ xyz:BElong | +0.0050% | 1h | 275.43 | long leg | $5.9M | $2.6M | 10x | |
| QFEX BE-USD | +0.0052% | 1h | 275.65 | +0.080% | $1.3M | $2.7M | 10x | as long as short |
| Binance BEUSDT | +0.0070% | 8h | 275.51 | +0.029% | $8.5M | $36.4M | 25x | as long as short |
| Extended BE-USD | +0.0072% | 1h | 275.44 | +0.004% | $46K | $256K | 10x | as long as short |
| Bybit BEUSDT | +0.0087% | 8h | 275.65 | +0.080% | $2.0M | $1.2M | 25x | as long as short |
| KuCoin BEUSDTM | +0.0100% | 8h | 275.40 | −0.011% | $372K | $20K | 20x | as long as short |
| Aevo BE-PERP | +0.0104% | 1h | 275.54 | +0.041% | — | — | 10x | as long as short |
| OKX BE-USDT-SWAP | +0.0137% | 8h | 275.79 | +0.131% | $2.7M | $6.8M | 25x | as long as short |
| BloFin BE-USDT | +0.0189% | 8h | 275.66 | +0.084% | $45K | $142K | 20x | as long as short |
| Deribit BE_USDC-PERPETUAL | +0.0767% | 1h | 275.58 | +0.054% | $7K | $4K | 10x | as long as short |
tradeXYZ xyz:BE
SunX BE-USDT
Aster BEUSDT
Gate BE_USDT
Bitget BEUSDT
GRVT BE_USDT_Perp
HTX BE-USDT
Lighter BE
Lighter RH BE
Coinbase International BE-PERP-INTX
Binance BEUSDT
Extended BE-USD
Bybit BEUSDT
KuCoin BEUSDTM
OKX BE-USDT-SWAP
BloFin BE-USDT
Deribit BE_USDC-PERPETUAL