Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRpaid last 24h −0.067%
Price spread now: SunX against KuCoin−0.213%7-day average −0.091% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.374%−$37 on $10k
+Price spread, last 4 days (all we have)+0.135%+$14 · spread now −0.213%, 7d avg −0.091%
=Both sides work against this trade now: funding costs −$3 a day on $10k at the current rate, and SunX is 0.121% cheaper against KuCoin than usual: you would sell low and buy high (−$12 if the spread goes back to its 7-day average of −0.091%). Swap the legs.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin BYDUSDTM | 10.352 | 0.0100 | pay 0.0100% / 8h | 4m 30s | $13K | $1.6M | 20x |
| Short | SunX BYD-USDT | 10.330 | 0 | get 0.0000% / 4h | 4m 30s | — | $2.1M | 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 itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$21
- Price spread: −0.213% → −0.091%
- −$12.14
- Slippage, 4 orders
- no order book: not counted
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$53.14
- Costs to cover
- 0.200%
- Break-even
- never at this rate
Slippage unknown: KuCoin: live order book, 11 min ago; SunX: live order book, 2 min ago. Net counts fees only.
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, 11 min ago | 5.81 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 2 min ago | 96.71 bp | 160.0 bp −$160 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit BYDUSDT | 0.0000% | 8h | 10.350 | −0.019% | $78K | $13K | 25x | as long as short |
| Gate BYD_USDT | 0.0000% | 8h | 10.380 | +0.270% | $155K | $57K | 20x | as long as short |
| SunX BYD-USDTshort | 0.0000% | 4h | 10.330 | −0.213% | — | $2.1M | 10x | |
| HTX BYD-USDT | 0.0000% | 4h | 10.340 | −0.116% | $9K | $266K | 20x | as long as short |
| edgeX BYDUSDC | +0.0013% | 4h | 10.338 | −0.133% | $42K | $431K | 10x | as long as short |
| KuCoin BYDUSDTMlong | +0.0100% | 8h | 10.352 | long leg | $13K | $1.6M | 20x | |
| Binance BYDUSDT | +0.0512% | 4h | 10.350 | −0.019% | $1.4M | $1.0M | 20x | as long as short |
| Bitget BYDUSDT | +0.1212% | 8h | 10.353 | +0.010% | $151K | $279K | 20x | as long as short |
KuCoin BYDUSDTM
SunX BYD-USDT
Bybit BYDUSDT
Gate BYD_USDT
HTX BYD-USDT
edgeX BYDUSDC
Binance BYDUSDT
Bitget BYDUSDT