Funding you earn now, next payment 05:00 UTC+0.0118%/8h= +12.9% APRpaid last 24h +0.045%
Price spread now: MEXC against SunX−0.007%7-day average +0.084% · you buy dearer than you sell
Net, funding: paid 7d − costs−$209as in the Funding arb table
Net, price: spread back to 7d avg − costs−$218as in the Price arb table
costs, in and out, $10k−$2092.089% of the position
Funding, last 7 days+0.003%$0 on $10k
+Price spread, last 4 days (all we have)−0.037%−$4 · spread now −0.007%, 7d avg +0.084%
=Funding pays, the price is against you. MEXC is 0.091% cheaper against SunX than usual: you would sell low and buy high (spread −0.007% now, against its 7-day average of +0.084%). If the spread goes back, that is −$9 on $10k: about 2.6 days of funding at the current rate (+$4 a day). At the pace of the last 7 days (+0.003% in total) that is about 7 months.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX GBPUSD-USDT | 1.3385 | 0 | get 0.0000% / 1h | 46m 46s | — | $2.4M | 10x |
| Short | MEXC GBP_USDT | 1.3384 | 0.0118 | get 0.0059% / 4h | 3h 46m | $26.0M | $258K | 100x |
SunX GBPUSD-USDT
MEXC GBP_USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC 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
- $24.78
- Price spread: −0.007% → +0.084%
- −$9.13
- Slippage, 4 orders
- −$192.9
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 4 bp × 2 orders
- −$8
- Net
- −$193.25
- Costs to cover
- 2.089%
- Break-even
- 61.6 days
Slippage from SunX: live order book, 10 min ago; MEXC: live order book, 2 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 SunX live order book, 10 min ago | 80.71 bp | 98.8 bp −$99 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 2 min ago | 1.12 bp | 5.1 bp −$5 | 5.1 bp −$51 | 5.9 bp −$595 | 42.4 bp −$21.2K |
GBP 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 | |
|---|---|---|---|---|---|---|---|---|
| Nado GBPUSD-PERP | −0.0062% | 1h | 1.3388 | +0.025% | $16K | $7K | 40x | as long as short |
| tradeXYZ xyz:GBP | 0.0000% | 1h | 1.3385 | 0.000% | $233K | $342K | 50x | as long as short |
| Lighter GBPUSD | 0.0000% | 1h | 1.3383 | −0.012% | $181K | $999K | 50x | as long as short |
| Bybit GBPUSDUSDT | 0.0000% | 8h | 1.3377 | −0.061% | $245K | $69K | 100x | as long as short |
| Gate GBPUSD_USDT | 0.0000% | 8h | 1.3387 | +0.015% | $222K | $9K | 100x | as long as short |
| Bitget GBPUSDUSDT | 0.0000% | 8h | 1.3385 | 0.000% | $12K | $14K | 100x | as long as short |
| SunX GBPUSD-USDTlong | 0.0000% | 1h | 1.3385 | long leg | — | $2.4M | 10x | |
| Kraken Futures PF_GBPUSD | 0.0000% | 1h | 1.3379 | −0.042% | $991 | — | 20x | as long as short |
| HTX GBPUSD-USDT | 0.0000% | 1h | 1.3405 | +0.149% | $5K | $334K | 20x | as long as short |
| Vest GBP-USD-PERP | +0.0038% | 1h | 1.3376 | −0.065% | — | $38K | 100x | as long as short |
Nado GBPUSD-PERP
tradeXYZ xyz:GBP
Lighter GBPUSD
Bybit GBPUSDUSDT
Gate GBPUSD_USDT
Bitget GBPUSDUSDT
Kraken Futures PF_GBPUSD
HTX GBPUSD-USDT
Vest GBP-USD-PERPShow all 13 venues
| Exchange | Funding /8h | Every | Price | Price vs long leg | OI | Vol 24h | Max lev | |
|---|---|---|---|---|---|---|---|---|
| MEXC GBP_USDTshort | +0.0118% | 4h | 1.3384 | −0.007% | $26.0M | $258K | 100x | |
| Injective GBPUSD/USDC PERP | +0.0220% | 1h | 1.3519 | +1.000% | $11K | $73K | 101x | as long as short |
| Hibachi GBP/USDT-P | +0.0352% | 1h | 1.3387 | +0.012% | $19K | $34K | 20x | as long as short |
Injective GBPUSD/USDC PERP
Hibachi GBP/USDT-P