Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%
Price spread now: Bybit against SunX+0.038%7-day average −0.026% · you sell dearer than you buy
to open and closeno order booka leg has no order-book sample
Funding, last 7 days−0.183%−$18 on $10k
+Price spread, last 4 days (all we have)−0.112%−$11 · spread now +0.038%, 7d avg −0.026%
=The price spread pays, funding is against you. Bybit is 0.064% dearer against SunX than usual: you sell high and buy low (spread +0.038% now, against its 7-day average of −0.026%): +$6 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 2.1 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX CIEN-USDT | 370.60 | 0.0100 | pay 0.0100% / 8h | 5h 41m | $1K | $896K | 10x |
| Short | Bybit CIENUSDT | 370.74 | 0 | get 0.0000% / 8h | 5h 41m | $178K | $455K | 25x |
SunX CIEN-USDT
Bybit CIENUSDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
Bybit against SunX. 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: +0.038% → −0.026%
- $6.36
- Slippage, 4 orders
- no order book: not counted
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee Bybit: 5.5 bp × 2 orders
- −$11
- Net
- −$33.64
- Costs to cover
- 0.190%
- Break-even
- never at this rate
Slippage unknown: SunX: live order book, 41 min ago; Bybit: live order book, 54 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 SunX live order book, 41 min ago | 500.11 bp | doesn't fit | doesn't fit | doesn't fit | doesn't fit |
| Sell Bybit live order book, 54 min ago | 5.25 bp | 103.3 bp −$103 | 218.4 bp −$2,184 | 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit CIENUSDTshort | 0.0000% | 8h | 370.74 | +0.038% | $178K | $455K | 25x | |
| OKX CIEN-USDT-SWAP | 0.0000% | 8h | 369.68 | −0.248% | $132K | $185K | 20x | as long as short |
| Gate CIEN_USDT | 0.0000% | 8h | 370.40 | −0.054% | $303K | $36K | 20x | as long as short |
| Bitget CIENUSDT | 0.0000% | 8h | 370.72 | +0.032% | $93K | $186K | 20x | as long as short |
| Variational Omni CIEN | 0.0000% | 8h | 370.77 | +0.045% | $49K | $55K | — | as long as short |
| QFEX CIEN-USD | +0.0007% | 1h | 370.66 | +0.016% | $1.1M | $4.4M | 10x | as long as short |
| Binance CIENUSDT | +0.0047% | 8h | 370.86 | +0.070% | $533K | $1.2M | 20x | as long as short |
| SunX CIEN-USDTlong | +0.0100% | 8h | 370.60 | long leg | $1K | $896K | 10x | |
| HTX CIEN-USDT | +0.0100% | 8h | 374.11 | +0.947% | $9K | $41K | 10x | as long as short |
| KuCoin CIENUSDTM | +0.0169% | 8h | 370.22 | −0.103% | $100K | $188K | 20x | as long as short |
OKX CIEN-USDT-SWAP
Gate CIEN_USDT
Bitget CIENUSDT
Variational Omni CIEN
QFEX CIEN-USD
Binance CIENUSDT
HTX CIEN-USDT
KuCoin CIENUSDTMShow all 11 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| Paragon para:CIEN | +0.3041% | 1h | 370.87 | +0.073% | $69K | $114K | 10x | as long as short |
Paragon para:CIEN