Settings8H · net · $10k
Funding arb · Price arb /

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h +0.003%
Price spread now: SunX against Binance−0.035%7-day average −0.066% · you buy dearer than you sell
to open and closeno order booka leg has no order-book sample
What this pair did over the last
the charts below follow
Funding, last 7 days+0.170%+$17 on $10k
Price spread, last 4 days (all we have)−0.004%$0 · spread now −0.035%, 7d avg −0.066%
Together, before fees+0.165%+$17 on $10k · with fees, hour by hour
Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.031% dearer against Binance than usual: you sell high and buy low: +$3 more if the spread goes back to its 7-day average of −0.066%.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance CIENUSDT364.510get 0.0000% / 8h38m 08s$504K$1.3M20x
ShortSunX CIEN-USDT364.380.0100get 0.0100% / 8h38m 08s$791$868K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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

Funding earned
$21
Price spread: −0.035% → −0.066%
$3.08
Slippage, 4 orders
no order book: not counted
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
$6.08
Costs to cover
0.180%
Break-even
5.0 days
Slippage unknown: Binance: live order book, 9 min ago; SunX: live order book, 64 min ago. Net counts fees only.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 9 min ago3.84 bp18.7 bp −$1987.8 bp −$878doesn't fitdoesn't fit
Sell SunX live order book, 64 min ago500.12 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit

CIEN on 11 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Bitget CIENUSDT−0.0183%8h364.30−0.057%$96K$191K20xas long as short
QFEX CIEN-USD−0.0056%1h364.52+0.003%$1.1M$3.3M10xas long as short
Binance CIENUSDTlong0.0000%8h364.51long leg$504K$1.3M20x
Bybit CIENUSDT0.0000%8h364.77+0.072%$174K$188K25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h364.81+0.083%$131K$192K20xas long as short
Gate CIEN_USDT0.0000%8h365.30+0.217%$295K$40K20xas long as short
Variational Omni CIEN0.0000%8h364.42−0.024%$48K$55Kas long as short
Paragon para:CIEN+0.0085%1h364.79+0.076%$66K$139K10xas long as short
KuCoin CIENUSDTM+0.0100%8h364.10−0.112%$104K$189K20xas long as short
SunX CIEN-USDTshort+0.0100%8h364.38−0.035%$791$868K10x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
HTX CIEN-USDT+0.0100%8h367.14+0.722%$9K$42K10xas long as short