Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 795.21 | 0 | 0.0000% / 8h | 1h 17m | — | $4.3M | 10x | Long SunX≤10% back | |
| SHORT | 793.56 | −0.2599 | pay 0.2599% / 8h | 1h 17m | $34K | $132K | 20x | Short Bitget |
Price gap−0.207%51s
Funding gap−0.2599% /8h
Both sides work against this direction now: funding costs $78 a day on $10k and the gap is 0.189% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$33−0.2599% /8h now · paid −0.329% over the last 15 hours (all we have)
Price—spread −0.207%51s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now−0.207%
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, Bitget 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: −$77.97Long SunX: 3 payments, $0.00; short Bitget: 3 payments, −$77.97.
- Watch: Prices read 51 s apart−0.207% vs −0.019%Part of this gap may be the market moving.
- Watch: Long leg is thinner— vs $34K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Bitget YesKYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1790%/8h × 21 periods−$375.95
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: SunX: live order book, 4 min ago; Bitget: live order book, 63 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX66.51doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget10.6118.8 bp−$1947.9 bp−$479doesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 11:37 | Bitget | Listing | new market BWETUSDT ($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 |
HTX
MEXC
Gate
Binance