BX

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.1041%/8h= −114.0% APRnext payment −$10.41 per $10,000 · paid last 24h −0.138%

Price spread now: SunX against KuCoin+0.063%7-day average +0.046% · you sell dearer than you buy

Net, funding: paid 7d − costs−$703as in the Funding arb table

Net, price: spread back to 7d avg − costs−$686as in the Price arb table

costs, in and out, $10k−$6886.877% of the position

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.155%−$15 on $10k

Price spread, last 3 days (all we have)+0.003%$0 · spread now +0.063%, 7d avg +0.046%

Together, before fees−0.152%−$15 on $10k · with fees, hour by hour

The price spread sits at its 7-day average of +0.046%, so right now this pair is about funding alone: −$31 a day on $10k at the current rate.

The current funding rate is far above what this pair has been paying: over the last 7 days it paid -0.155% in total (about -8.1% a year). A funding rate is set anew for every payment; at this rate the next one is about −$10.41 per $10,000. In the chart: green and red are payments made, yellow is the current rate, not paid yet.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin BXUSDTM	126.43	0.1041	pay 0.1041% / 8h	7h 04m	$110K	$1.1M	20x
Short	SunX BX-USDT	126.51	0	get 0.0000% / 8h	7h 04m	$996	$305K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. 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 KuCoinbpFee SunXbpOrdersPrice spread, now +0.063%Rate

Funding earned: −$218.61
Price spread: +0.063% → +0.046%: $1.73
Slippage, 4 orders: −$667.67
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$904.55
Costs to cover: 6.877%
Break-even: never at this rate

Slippage from KuCoin: live order book, 5 min ago; SunX: live order book, 45 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 KuCoin live order book, 5 min ago	6.73 bp	300.5 bp −$300	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 45 min ago	46.91 bp	108.6 bp −$109	doesn't fit	doesn't fit	doesn't fit

BX on 14 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 BXUSDT	0.0000%	8h	126.55	+0.098%	$5K	$2K	20x	as long as short
Bybit BXUSDT	0.0000%	8h	126.47	+0.032%	$487K	$866K	25x	as long as short
QFEX BX-USD	0.0000%	1h	127.00	+0.451%	$1.1M	$1.4M	10x	as long as short
Gate BX_USDT	0.0000%	8h	126.61	+0.142%	$424K	$27K	20x	as long as short
Bitget BXUSDT	0.0000%	8h	126.64	+0.166%	$899K	$38K	20x	as long as short
SunX BX-USDTshort	0.0000%	8h	126.51	+0.063%	$996	$305K	10x
HTX BX-USDT	0.0000%	8h	126.81	+0.301%	$7K	$3K	20x	as long as short
tradeXYZ xyz:BX	+0.0086%	1h	126.42	−0.008%	$665K	$209K	10x	as long as short
OKX BX-USDT-SWAP	+0.0202%	8h	126.68	+0.198%	$164K	$111K	20x	as long as short
Injective BX/USDC PERP	+0.0220%	1h	138.72	+9.721%	$4K	$32K	12x	as long as short

Show all 14 venues

Exchange	Funding /8h	Every	Price	Price vs long leg	OI	Vol 24h	Max lev
KuCoin BXUSDTMlong	+0.1041%	8h	126.43	long leg	$110K	$1.1M	20x
Variational Omni BX	+0.1289%	8h	126.50	+0.053%	$31K	$127	—	as long as short
GRVT BX_USDT_Perp	+0.1584%	8h	126.57	+0.111%	$677	$121K	10x	as long as short
Binance BXUSDT	+0.1661%	8h	126.59	+0.126%	$793K	$483K	20x	as long as short