GFS

Leg	Exchange	Price	Fund. /8h	Each payment	Next in	OI	Vol 24h	Lev
LONG	SunXGFS-USDT	45.180	0	0.0000% / 8h	57m 22s	—	$1.7M	10x	Long SunX≤10% back
SHORT	MEXCGFSSTOCK_USDT	45.280	−0.2069	pay 0.2069% / 8h	57m 22s	$70K	$105K	20x	Short MEXC

Price gap+0.221%

Funding gap−0.2069% /8h

The gap pays +$22 on $10k if it goes back to its 7d average, but funding costs $62 a day and eats that in about 8 hours.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast

Funding+$65−0.2069% /8h now · paid +0.654% over the last 7D

Price+$22spread +0.221% now, avg +0.002% → +0.219% if it goes back

Costsdoesn’t fit$10k a leg is deeper than the books hold

Result, before costs+$87+0.87%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest

The current funding rate is far below what this pair has been paying: over the last 7 days it paid +0.654% in total, about +0.0311%/8h on average.

Price and funding

1h · history

Entry / 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+0.221%

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

GFS 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, MEXC 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: −$62.07Long SunX: 3 payments, $0.00; short MEXC: 3 payments, −$62.07.
OK: Entry gap works for you+0.221% vs +0.002%
You short the dearer leg. If the gap goes back to average, the short gains.
Watch: Long leg is thinner— vs $70K OI
SunX sets your exit cost. Check its book before closing.
Note: No points program—
Neither exchange runs points right now.
Watch: KYCSunX No · MEXC Yes
KYC before trading since Feb 2026; unverified accounts see market data only.

Profit calculator

both legs, in and out

Position, each leg

Hold for

Orders

Price spread

Funding rate

Funding earned+0.0311%/8h × 21 periods+$65.40

Price spread+0.221% → +0.002% (7d avg)+$21.94

Slippage, 4 ordersdoesn’t fit the book at $10k—

Fee SunX bp × 2 orders−$8.00

Fee MEXC bp × 2 orders−$8.00

Net · 7 days · $10k—

doesn’t fit the books at $10k

Costs to cover—Break-even—

Slippage: SunX: live order book, 8 min ago; MEXC: live order book, 21 min ago

Cost to enter

taker + slippage from mid, one side

BUY · LONGSunX901.18doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit

SELL · SHORTMEXC20.1765.0 bp−$65202.8 bp−$2,028242.5 bp−$24.3Kdoesn’t fit

Closing costs about the same again.

GFS