Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.157%
Price spread now: SunX against KuCoin+0.211%7-day average +0.021% · you sell dearer than you buy
Net, funding: paid 7d − costs−$902as in the Funding arb table
Net, price: spread back to 7d avg − costs−$866as in the Price arb table
costs, in and out, $10k−$8858.847% of the position
Funding, last 7 days−0.172%−$17 on $10k
+Price spread, last 4 days (all we have)−0.224%−$22 · spread now +0.211%, 7d avg +0.021%
=The price spread pays, funding is against you. SunX is 0.190% dearer against KuCoin than usual: you sell high and buy low (spread +0.211% now, against its 7-day average of +0.021%): +$19 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 6.3 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | KuCoin EWZUSDTM | 37.930 | 0.0100 | pay 0.0100% / 8h | 4h 09m | $21K | $718K | 20x |
| Short | SunX EWZ-USDT | 38.010 | 0 | get 0.0000% / 8h | 4h 09m | $1K | $484K | 10x |
KuCoin EWZUSDTM
SunX EWZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against KuCoin. 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: +0.211% → +0.021%
- $19
- Slippage, 4 orders
- −$864.72
- Fee KuCoin: 6 bp × 2 orders
- −$12
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$886.71
- Costs to cover
- 8.847%
- Break-even
- never at this rate
Slippage from KuCoin: live order book, 10 min ago; SunX: live order book, 12 min ago.
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 KuCoin live order book, 10 min ago | 1.32 bp | 357.0 bp −$357 | doesn't fit | doesn't fit | doesn't fit |
| Sell SunX live order book, 12 min ago | 46.03 bp | 92.3 bp −$92 | doesn't fit | doesn't fit | doesn't fit |
EWZ on 13 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 | |
|---|---|---|---|---|---|---|---|---|
| tradeXYZ xyz:EWZ | −0.0492% | 1h | 38.017 | +0.229% | $593K | $81K | 20x | as long as short |
| Aster EWZUSDT | 0.0000% | 8h | 37.998 | +0.180% | $9K | $50 | 20x | as long as short |
| Binance EWZUSDT | 0.0000% | 8h | 38.000 | +0.185% | $295K | $229K | 20x | as long as short |
| Bybit EWZUSDT | 0.0000% | 8h | 37.980 | +0.132% | $328K | $17K | 25x | as long as short |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 38.060 | +0.343% | $124K | $38K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 37.980 | +0.132% | $61K | $7K | 20x | as long as short |
| MEXC EWZ_USDT | 0.0000% | 8h | 37.980 | +0.132% | $722K | $84K | 50x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 38.011 | +0.214% | $80K | $17K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 38.003 | +0.192% | $49K | $6K | — | as long as short |
| SunX EWZ-USDTshort | 0.0000% | 8h | 38.010 | +0.211% | $1K | $484K | 10x |
tradeXYZ xyz:EWZ
Aster EWZUSDT
Binance EWZUSDT
Bybit EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
MEXC EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| HTX EWZ-USDT | 0.0000% | 8h | 37.970 | +0.105% | $5K | $6K | 10x | as long as short |
| GRVT EWZ_USDT_Perp | +0.0022% | 8h | 38.014 | +0.222% | $3 | $142K | 10x | as long as short |
| KuCoin EWZUSDTMlong | +0.0100% | 8h | 37.930 | long leg | $21K | $718K | 20x |
HTX EWZ-USDT
GRVT EWZ_USDT_Perp