Funding you earn now, next payment 08:00 UTC−0.0162%/8h= −17.7% APRnext payment −$0.81 per $10,000 · paid last 24h −0.214%
Price spread now: SunX against edgeX−0.129%74s7-day average −0.062% · you buy dearer than you sell
Net, funding: paid 7d − costs−$661as in the Funding arb table
Net, price: spread back to 7d avg − costs—prices read too far apart to compare
costs, in and out, $10k−$5385.376% of the position
Funding, last 7 days−1.232%−$123 on $10k
+Price spread, last 4 days (all we have)+0.087%+$9 · spread now −0.129%, 7d avg −0.062%
=Together, before fees−1.145%+ Points / potential airdropedgeX: Active · farm board−$114 on $10k · with fees, hour by hour
Both sides work against this trade now: funding costs −$5 a day on $10k at the current rate, and SunX is 0.067% cheaper against edgeX than usual: you would sell low and buy high (−$7 if the spread goes back to its 7-day average of −0.062%). Swap the legs. The two prices were read 74 seconds apart, so part of this spread may be the market moving, not a spread.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | edgeX BYDUSDC | 10.353 | 0.0162 | pay 0.0081% / 4h | 2h 54m | $43K | $428K | 10x |
| Short | SunX BYD-USDT | 10.340 | 0 | get 0.0000% / 4h | 2h 54m | — | $2.2M | 10x |
edgeX BYDUSDC
SunX BYD-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against edgeX. 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
- −$34.04
- Price spread: −0.129% → −0.062%
- −$6.69
- Slippage, 4 orders
- −$520.58
- Fee edgeX: 4.5 bp × 2 orders
- −$9
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$578.31
- Costs to cover
- 5.376%
- Break-even
- never at this rate
Slippage from edgeX: live order book, 59 min ago; SunX: live order book, 2 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 edgeX live order book, 59 min ago | 24.03 bp | 111.1 bp −$111 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 91.83 bp | 155.8 bp −$156 | doesn't fit | doesn't fit | doesn't fit |
BYD on 8 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 | |
|---|---|---|---|---|---|---|---|---|
| SunX BYD-USDTshort | 0.0000% | 4h | 10.340 | −0.129% | — | $2.2M | 10x | |
| HTX BYD-USDT | 0.0000% | 4h | 10.350 | −0.032% | $9K | $267K | 20x | as long as short |
| KuCoin BYDUSDTM | +0.0100% | 8h | 10.372 | +0.181% | $13K | $1.7M | 20x | as long as short |
| edgeX BYDUSDClong | +0.0162% | 4h | 10.353 | long leg | $43K | $428K | 10x | |
| Bybit BYDUSDT | +0.0178% | 8h | 10.360 | +0.065% | $78K | $13K | 25x | as long as short |
| Gate BYD_USDT | +0.0181% | 8h | 10.409 | +0.538% | $155K | $53K | 20x | as long as short |
| Bitget BYDUSDT | +0.1085% | 8h | 10.353 | −0.003% | $144K | $243K | 20x | as long as short |
| Binance BYDUSDT | +0.1667% | 4h | 10.340 | −0.129% | $1.5M | $906K | 20x | as long as short |
HTX BYD-USDT
KuCoin BYDUSDTM
Bybit BYDUSDT
Gate BYD_USDT
Bitget BYDUSDT
Binance BYDUSDT