TxFlow Level Up: trade perps and earn up to 300 USDC at $4M volume. Until Nov 2 Join
Settings8H · net · $10k
LanguageThe language of the site
ThemeDark, or a soft blue-grey
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG10.20000.0000% / 8h6h 43m—$436K10xLong SunX≤10% back
SHORT10.306−0.0287pay 0.0287% / 8h6h 43m$25K$325K20xShort Bitget
Price gap+1.039%
Funding gap−0.0287% /8h

The gap pays +$79 on $10k if it goes back to its 7d average, but funding costs $9 a day and eats that in about 9.2 days.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$5−0.0287% /8h now · paid −0.054% over the last 9 hours (all we have)
Price+$79spread +1.039% now, avg +0.251% → +0.789% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs+$73+0.73%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · history
ENTRY / EXIT · 7D
Entry now—
Entry average—
Best entry—
Exit now—
Exit average—
Best exit—
Exit free—
PRICE SPREAD · 7D
Now+1.039%
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

/8h

EIDO on 7 exchanges

lowest funding first

Before you open

2 ok · 3 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$1,000 + $500
    SunX 10x, Bitget 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • OK: Same payment interval8h / 8h
    Both legs pay at the same time.
    Next 24h at the current rates, on $10k a leg: −$8.61Long SunX: 3 payments, $0.00; short Bitget: 3 payments, −$8.61.
  • OK: Entry gap works for you+1.039% vs +0.251%
    You short the dearer leg. If the gap goes back to average, the short gains.
  • Watch: Long leg is thinner— vs $25K OI
    SunX sets your exit cost. Check its book before closing.
  • Note: No points program—
    Neither exchange runs points right now.
  • Watch: KYCSunX No · Bitget Yes
    KYC mandatory since Sep 2023; unverified accounts can only withdraw and close positions.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0463%/8h × 21 periods−$97.25
Price spread+1.039% → +0.251% (7d avg)+$78.86
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee SunX bp × 2 orders−$8.00
Fee Bitget bp × 2 orders−$12.00
Net · 7 days · $10k—
doesn’t fit the books at $10k
Costs to cover—Break-even—
Slippage: SunX: live order book, 52 min ago; Bitget: live order book, 16 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGSunX77.44doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBitget19.44115.3 bp−$115doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.

Alert

EIDO news

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