Funding you earn now, next payment 12:00 UTC−0.0015%/8h= −1.6% APRpaid last 24h −0.119%
Price spread now: SunX against Bitget−0.058%7-day average −0.100% · you buy dearer than you sell
Net, funding: paid 7d − costs−$306as in the Funding arb table
Net, price: spread back to 7d avg − costs−$261as in the Price arb table
costs, in and out, $10k−$2662.655% of the position
Funding, last 7 days−0.407%−$41 on $10k
+Price spread, last 4 days (all we have)−0.003%$0 · spread now −0.058%, 7d avg −0.100%
=The price spread pays, funding is against you. SunX is 0.041% dearer against Bitget than usual: you sell high and buy low (spread −0.058% now, against its 7-day average of −0.100%): +$4 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 9.2 days. At the pace of the last 7 days (−0.407% in total) that is about 17 hours.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget BYDUSDT | 10.326 | 0.0015 | pay 0.0015% / 8h | 5h 29m | $150K | $261K | 20x |
| Short | SunX BYD-USDT | 10.320 | 0 | get 0.0000% / 4h | 1h 29m | — | $1.8M | 10x |
Bitget BYDUSDT
SunX BYD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against Bitget. 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
- −$3.15
- Price spread: −0.058% → −0.100%
- $4.14
- Slippage, 4 orders
- −$245.51
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$264.52
- Costs to cover
- 2.655%
- Break-even
- never at this rate
Slippage from Bitget: live order book, 8 min ago; SunX: live order book, 11 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 Bitget live order book, 8 min ago | 6.78 bp | 15.5 bp −$15 | 19.0 bp −$190 | doesn't fit | doesn't fit |
| Sell SunX live order book, 11 min ago | 53.27 bp | 117.0 bp −$117 | doesn't fit | doesn't fit | doesn't fit |
BYD on 8 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| Binance BYDUSDT | 0.0000% | 4h | 10.325 | −0.010% | $1.4M | $975K | 20x | as long as short |
| Bybit BYDUSDT | 0.0000% | 8h | 10.350 | +0.232% | $80K | $11K | 25x | as long as short |
| Gate BYD_USDT | 0.0000% | 8h | 10.337 | +0.107% | $154K | $58K | 20x | as long as short |
| SunX BYD-USDTshort | 0.0000% | 4h | 10.320 | −0.058% | — | $1.8M | 10x | |
| HTX BYD-USDT | 0.0000% | 4h | 10.340 | +0.136% | $9K | $264K | 20x | as long as short |
| Bitget BYDUSDTlong | +0.0015% | 8h | 10.326 | long leg | $150K | $261K | 20x | |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.350 | +0.232% | $13K | $1.6M | 20x | as long as short |
| edgeX BYDUSDC | +0.0497% | 4h | 10.320 | −0.055% | $42K | $432K | 10x | as long as short |
Binance BYDUSDT
Bybit BYDUSDT
Gate BYD_USDT
HTX BYD-USDT
KuCoin BYDUSDTM
edgeX BYDUSDC