Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 63.000 | −0.0050 | get 0.0050% / 8h | 3h 48m | $969K | $1.3M | — | Long BingX | |
| SHORT | 63.010 | 0 | 0.0000% / 8h | 3h 48m | — | $1.2M | 10x | Short SunX≤10% back |
Price gap+0.016%46s
Funding gap+0.0050% /8h
Funding pays +$2 a day on $10k, but the gap is 0.024% under its 7d average: −$2 if it goes back, about 38 hours of funding.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$1+0.0050% /8h now · paid +0.010% over the last 20 hours (all we have)
Price—spread +0.016%46s now · prices read too far apart to compare
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs—no pointsneeds both prices read together
Price and funding
1h · historyEntry / Exit
Price spread
Prices
Fundingper 8h
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+0.016%
Average—
Range—
Wider than now—
FUNDING SPREAD · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hCVNA on 9 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage— + $1,000BingX —, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: +$1.50Long BingX: 3 payments, +$1.50; short SunX: 3 payments, $0.00.
- Watch: Prices read 46 s apart+0.016% vs +0.040%Part of this gap may be the market moving.
- Watch: Short leg is thinner— vs $969K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBingX Yes · SunX NoAdvanced KYC to deposit or trade; unverified accounts can only withdraw, up to 20,000 USDT a day. Rules vary by region.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned+0.0040%/8h × 21 periods+$8.32
Price spreadprices read too far apart to compare—
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee BingX bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kprice spread not counted: prices read too far apartCosts to cover—Break-even—
Slippage: BingX: live order book, 11 min ago; SunX: live order book, 7 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBingX16.6681.5 bp−$81286.2 bp−$2,862469.1 bp−$46.9K974.0 bp−$487.0K
SELL · SHORTSunX67.42doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 09-30 11:37 | Bitget | Listing | new market CVNAUSDT ($CVNA) seen by our collector |
| 09-30 10:38 | BloFin | Listing | new market CVNA-USDT ($CVNA) seen by our collector |
| 09-30 10:07 | SunX | Listing | new market CVNA-USDT ($CVNA) seen by our collector |
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| 09-30 07:18 | HTX | Listing | new market CVNA-USDT ($CVNA) seen by our collector |
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