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

CIEN

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Alert: funding
Alert: spread
Funding you earn now, next payment 00:00 UTC+0.0167%/8h= +18.3% APRnext payment +$1.67 per $10,000 · paid last 24h −0.016%
Price spread now: Binance against SunX−0.043%7-day average +0.112% · 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−0.196%−$20 on $10k
Price spread, last 2 days (all we have)+0.091%+$9 · spread now −0.043%, 7d avg +0.112%
Together, before fees−0.105%−$11 on $10k · with fees, hour by hour
Funding pays, the price is against you. Binance is 0.155% cheaper against SunX than usual: you would sell low and buy high (spread −0.043% now, against its 7-day average of +0.112%). If the spread goes back, that is −$16 on $10k: about 3.1 days of funding at the current rate (+$5 a day). Mind the row above: over the last 7 days funding on this pair cost −0.196%, so the current rate has only just turned in your favour.
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongSunX CIEN-USDT371.800.0100pay 0.0100% / 8h0m 03s$647$1.0M10x
ShortBinance CIENUSDT371.640.0267get 0.0267% / 8h0m 03s$531K$1.2M20x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

Binance against SunX. 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
$35.11
Price spread: −0.043% → +0.112%
−$15.53
Slippage, 4 orders
no order book: not counted
Fee SunX: 4 bp × 2 orders
−$8
Fee Binance: 5 bp × 2 orders
−$10
Net
$1.58
Costs to cover
0.180%
Break-even
6.7 days
Slippage unknown: SunX: live order book, 3 min ago; Binance: live order book, 3 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 SunX live order book, 3 min ago500.11 bpdoesn't fitdoesn't fitdoesn't fitdoesn't fit
Sell Binance live order book, 3 min ago4.03 bp21.0 bp −$2185.8 bp −$858doesn'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
Bybit CIENUSDT0.0000%8h371.52−0.075%$176K$1.5M25xas long as short
OKX CIEN-USDT-SWAP0.0000%8h371.77−0.008%$135K$214K20xas long as short
Gate CIEN_USDT0.0000%8h371.800.000%$305K$40K20xas long as short
Bitget CIENUSDT0.0000%8h371.72−0.022%$89K$224K20xas long as short
Paragon para:CIEN+0.0060%1h372.14+0.092%$91K$90K10xas long as short
QFEX CIEN-USD+0.0060%1h371.73−0.019%$1.1M$4.8M10xas long as short
SunX CIEN-USDTlong+0.0100%8h371.80long leg$647$1.0M10x
HTX CIEN-USDT+0.0100%8h375.16+0.904%$9K$40K10xas long as short
Variational Omni CIEN+0.0169%8h371.65−0.039%$50K$54Kas long as short
Binance CIENUSDTshort+0.0267%8h371.64−0.043%$531K$1.2M20x
Show all 11 venues
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
KuCoin CIENUSDTM+0.0496%8h372.01+0.056%$100K$145K20xas long as short