Funding you earn now, next payment 00:00 UTC+0.0100%/8h= +10.9% APRnext payment +$1.00 per $10,000 · paid last 24h −0.218%
Price spread now: SunX against Bitget+0.051%7-day average +0.002% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.047%−$5 on $10k
+Price spread, last 3 days (all we have)+0.071%+$7 · spread now +0.051%, 7d avg +0.002%
=Both sides work for this trade now. Funding pays +$3 a day on $10k at the current rate, and SunX is 0.049% dearer against Bitget than usual: you sell high and buy low: +$5 more if the spread goes back to its 7-day average of +0.002%.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | Bitget CIENUSDT | 372.37 | 0 | get 0.0000% / 8h | 52m 16s | $86K | $288K | 20x |
| Short | SunX CIEN-USDT | 372.56 | 0.0100 | get 0.0100% / 8h | 52m 16s | $2K | $1.1M | 10x |
Bitget CIENUSDT
SunX CIEN-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
- $21
- Price spread: +0.051% → +0.002%
- $4.91
- Slippage, 4 orders
- no order book: not counted
- Fee Bitget: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- $5.91
- Costs to cover
- 0.200%
- Break-even
- 5.0 days
Slippage unknown: Bitget: live order book, 18 min ago; SunX: live order book, 1 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 Bitget live order book, 18 min ago | 3.36 bp | 32.3 bp −$32 | 45.9 bp −$459 | doesn't fit | doesn't fit |
| Sell SunX live order book, 1 min ago | 500.16 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
CIEN on 11 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 | |
|---|---|---|---|---|---|---|---|---|
| Binance CIENUSDT | 0.0000% | 8h | 372.21 | −0.043% | $537K | $1.3M | 20x | as long as short |
| Bybit CIENUSDT | 0.0000% | 8h | 372.12 | −0.067% | $172K | $1.5M | 25x | as long as short |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 372.50 | +0.035% | $134K | $217K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 372.60 | +0.062% | $306K | $40K | 20x | as long as short |
| Bitget CIENUSDTlong | 0.0000% | 8h | 372.37 | long leg | $86K | $288K | 20x | |
| Variational Omni CIEN | 0.0000% | 8h | 372.99 | +0.166% | $50K | $54K | — | as long as short |
| Paragon para:CIEN | +0.0060% | 1h | 372.14 | −0.061% | $91K | $95K | 10x | as long as short |
| QFEX CIEN-USD | +0.0060% | 1h | 372.26 | −0.030% | $1.1M | $4.7M | 10x | as long as short |
| SunX CIEN-USDTshort | +0.0100% | 8h | 372.56 | +0.051% | $2K | $1.1M | 10x | |
| HTX CIEN-USDT | +0.0100% | 8h | 374.73 | +0.634% | $9K | $40K | 10x | as long as short |
Binance CIENUSDT
Bybit CIENUSDT
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Variational Omni CIEN
Paragon para:CIEN
QFEX CIEN-USD
HTX CIEN-USDTShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| KuCoin CIENUSDTM | +0.0222% | 8h | 373.07 | +0.188% | $102K | $126K | 20x | as long as short |
KuCoin CIENUSDTM