Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 751.64 | 0 | 0.0000% / 8h | 3h 28m | — | $592K | 10x | Long SunX≤10% back | |
| SHORT | 749.63 | +0.0130 | get 0.0130% / 8h | 3h 28m | $92K | $670K | 20x | Short Binance |
Price gap−0.267%
Funding gap+0.0130% /8h
Funding pays +$4 a day on $10k, but the gap is 0.022% under its 7d average: −$2 if it goes back, about 13 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding—+0.0130% /8h now · no funding history yet
Price−$2spread −0.267% now, avg −0.245% → −0.022% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds funding history
Price and funding
1h · loading 5m…Price spread
Prices
Fundingper 8h
P&L
PRICE SPREAD · 7D
Now−0.267%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hBWET on 8 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$1,000 + $500SunX 10x, Binance 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$3.90Long SunX: 3 payments, $0.00; short Binance: 3 payments, +$3.90.
- Watch: Gap narrower than usual−0.267% vs −0.245%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner— vs $92K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Binance YesVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earnedno history yet: current rate+$27.29
Price spread−0.267% → −0.245% (7d avg)−$2.17
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Binance bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: SunX: live order book, 28 min ago; Binance: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX64.96doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBinance1.0052.9 bp−$53doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 11:37 | Bitget | Listing | new market BWETUSDT ($BWET) seen by our collector |
| 09-30 10:07 | SunX | Listing | new market BWET-USDT ($BWET) seen by our collector |
| 09-30 07:17 | HTX | Listing | new market BWET-USDT ($BWET) seen by our collector |
| 09-29 14:11 | MEXC | Listing | new market BWET_USDT ($BWET) seen by our collector |
| 09-29 12:00 | Gate | Listing | new market BWET_USDT ($BWET) seen by our collector |
| 09-29 10:05 | Binance | Listing | new market BWETUSDT ($BWET) seen by our collector |
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