Funding you earn now, next payment 08:00 UTC−0.0013%/8h= −1.4% APRnext payment −$0.13 per $10,000 · paid last 24h −0.098%
Price spread now: SunX against MEXC+0.026%7-day average −0.003% · you sell dearer than you buy
Net, funding: paid 7d − costs−$202as in the Funding arb table
Net, price: spread back to 7d avg − costs−$193as in the Price arb table
costs, in and out, $10k−$1961.956% of the position
Funding, last 7 days−0.064%−$6 on $10k
+Price spread, last 4 days (all we have)+0.080%+$8 · spread now +0.026%, 7d avg −0.003%
=The price spread pays, funding is against you. SunX is 0.029% dearer against MEXC than usual: you sell high and buy low (spread +0.026% now, against its 7-day average of −0.003%): +$3 on $10k if it goes back. Holding the pair costs $0 a day in funding at the current rate, which eats that in about 7.5 days. At the pace of the last 7 days (−0.064% in total) that is about 3.2 days.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC EWZ_USDT | 38.020 | 0.0013 | pay 0.0013% / 8h | 5h 00m | $723K | $85K | 50x |
| Short | SunX EWZ-USDT | 38.030 | 0 | get 0.0000% / 8h | 5h 00m | $1K | $506K | 10x |
MEXC EWZ_USDT
SunX EWZ-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. 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
- −$2.73
- Price spread: +0.026% → −0.003%
- $2.94
- Slippage, 4 orders
- −$187.62
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$195.41
- Costs to cover
- 1.956%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 55 min ago; SunX: live order book, 31 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 MEXC live order book, 55 min ago | 19.65 bp | 28.6 bp −$29 | 55.5 bp −$555 | 215.5 bp −$21.6K | doesn't fit |
| Sell SunX live order book, 31 min ago | 48.54 bp | 69.2 bp −$69 | 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 | −0.0430% | 1h | 38.045 | +0.066% | $593K | $84K | 20x | as long as short |
| Aster EWZUSDT | 0.0000% | 8h | 38.013 | −0.019% | $9K | $50 | 20x | as long as short |
| Bybit EWZUSDT | 0.0000% | 8h | 38.020 | 0.000% | $331K | $18K | 25x | as long as short |
| OKX EWZ-USDT-SWAP | 0.0000% | 8h | 38.000 | −0.053% | $124K | $40K | 20x | as long as short |
| Gate EWZ_USDT | 0.0000% | 8h | 37.980 | −0.105% | $61K | $7K | 20x | as long as short |
| Bitget EWZUSDT | 0.0000% | 8h | 38.042 | +0.058% | $81K | $16K | 20x | as long as short |
| Variational Omni EWZ | 0.0000% | 8h | 38.023 | +0.007% | $49K | $6K | — | as long as short |
| SunX EWZ-USDTshort | 0.0000% | 8h | 38.030 | +0.026% | $1K | $506K | 10x | |
| HTX EWZ-USDT | 0.0000% | 8h | 37.900 | −0.316% | $5K | $6K | 10x | as long as short |
| Binance EWZUSDT | +0.0012% | 8h | 38.026 | +0.016% | $295K | $237K | 20x | as long as short |
tradeXYZ xyz:EWZ
Aster EWZUSDT
Bybit EWZUSDT
OKX EWZ-USDT-SWAP
Gate EWZ_USDT
Bitget EWZUSDT
Variational Omni EWZ
HTX EWZ-USDT
Binance EWZUSDTShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC EWZ_USDTlong | +0.0013% | 8h | 38.020 | long leg | $723K | $85K | 50x | |
| KuCoin EWZUSDTM | +0.0100% | 8h | 38.000 | −0.053% | $20K | $740K | 20x | as long as short |
| GRVT EWZ_USDT_Perp | +0.0214% | 8h | 38.040 | +0.053% | $35 | $151K | 10x | as long as short |
KuCoin EWZUSDTM
GRVT EWZ_USDT_Perp