Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 281.57 | −0.0206 | get 0.0026% / 1h | 57m 45s | $484K | $726K | 10x | Long Backpack | |
| SHORT | 282.75 | 0 | 0.0000% / 8h | 3h 57m | $20K | $617K | 20x | Short SunX≤10% back |
Price gap+0.419%
Funding gap+0.0206% /8h
Both sides work: funding pays +$6 a day on $10k, and the gap is 0.257% above its 7d average: +$26 more if it goes back.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$83+0.0206% /8h now · paid −0.835% over the last 7D
Price+$26spread +0.419% now, avg +0.162% → +0.257% if it goes back
Costs−$1291.288% of $10k · taker + slippage, in and out
Price and funding
1h · historyEntry / 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+0.419%
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
/8hGOOGL on 43 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size6.6 / 69.6 bpAt $10k entering SunX costs 69.6 bp, fee and slippage, 10.6× Backpack’s.
- Note: Margin at max leverage$1,000 + $500Backpack 10x, SunX 20x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ1h / 8hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: +$6.18Long Backpack: 24 payments, +$6.18; short SunX: 3 payments, $0.00.
- OK: Entry gap works for you+0.419% vs +0.162%You short the dearer leg. If the gap goes back to average, the short gains.
- Watch: Short leg is thinner$20K vs $484K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBackpack Yes · SunX NoKYC (ID, face scan, residency and source of income) before any trading.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0398%/8h × 21 periods−$83.49
Price spread+0.419% → +0.162% (7d avg)+$25.66
Slippage, 4 orderslive order books−$110.77
Fee Backpack bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$186.60
Costs to cover1.288%Break-evennever at this rate
Slippage: Backpack: live order book, 5 min ago; SunX: live order book, 59 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBackpack0.356.6 bp−$7doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX39.4669.6 bp−$70doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
| 10-30 10:31 | Markets by Kinetiq | Other | BREAKING: Big Tech stocks are getting crushed, with Wall Street bracing for a brutal Friday. $INTC: -25% $GOOGL: -10% $AMZN: -7% Nasdaq futures are plunging more than 2.5%. @Markets_xyz on X ↗ |
| 10-29 14:30 | Kalshi | Other | JUST IN: Alphabet stock falls 13% and erases $500 billion in value after earnings miss @Kalshi on X ↗ |
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| 10-29 13:32 | Vest Markets | Other | $GOOGL missed Q3 revenue and EPS estimates after yesterday's close, with free cash flow at -$9.07B. → Revenue: $127.6B vs. $127.91B expected, up 25% YoY → EPS: $2.12 vs. $3.01 expected, or $2.67 excluding a $0.55 equity securities loss → Google Cloud: $30.7B, up 103% YoY, beating estimates At the open, $GOOGL is down around 12%, with Search & other at $63.35B below the $64.9B expected, despite query growth at a five-year high. Quarterly capex more than doubled to $51.4B, with the 2026 plan held at $195B to $205B and 2027 spending guided significantly higher. @VestExchange on X ↗ |
| 10-29 10:10 | Reya | Other | $GOOGL moved -10% overnight. With the US market closed, anyone with a view has no way to act on it until 9:30 ET. RWAs 24/7 on Reya. As the price moves, not when the exchange opens. @reya_xyz on X ↗ |
| 10-29 09:00 | MEXC | Other | 🤖 Same AI bet, opposite market reactions. 🟢 $MSFT: +4% | Cloud revenue +30% 🔴 $GOOGL: -8% | Free cash flow -$9.07B Tech companies spend big on AI, but investors reward returns. Who's winning the AI race? 👇 @MEXC on X ↗ |


Kalshi
MEXC