Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 282.47 | 0 | 0.0000% / 8h | 3h 06m | $21K | $619K | 20x | Long SunX≤10% back | |
| SHORT | 281.43 | −0.0139 | pay 0.0017% / 1h | 6m 11s | $481K | $718K | 10x | Short Backpack |
Price gap−0.368%
Funding gap−0.0139% /8h
Both sides work against this direction now: funding costs $4 a day on $10k and the gap is 0.204% under its 7d average. Swap the legs.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding+$83−0.0139% /8h now · paid +0.832% over the last 7D
Price−$20spread −0.368% now, avg −0.164% → −0.204% if it goes back
Costs−$1291.287% 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−0.368%
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
0 ok · 5 to watch- Watch: Thin at this size43.9 / 8.6 bpAt $10k entering SunX costs 43.9 bp, fee and slippage, 5.1× Backpack’s.
- Note: Margin at max leverage$500 + $1,000SunX 20x, Backpack 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- Watch: Payment intervals differ8h / 1hPayments land at different times. Close right after the slower leg pays.Next 24h at the current rates, on $10k a leg: −$4.17Long SunX: 3 payments, $0.00; short Backpack: 24 payments, −$4.17.
- Watch: Gap narrower than usual−0.368% vs −0.164%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Long leg is thinner$21K vs $481K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCSunX No · Backpack YesKYC (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+0.0396%/8h × 21 periods+$83.18
Price spread−0.368% → −0.164% (7d avg)−$20.41
Slippage, 4 orderslive order books−$110.68
Fee SunX bp × 2 orders−$8.00
Fee Backpack bp × 2 orders−$10.00
Net · 7 days · $10k−$65.91
Costs to cover1.287%Break-even12.5 days
Slippage: SunX: live order book, 41 min ago; Backpack: live order book, 57 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGSunX39.4343.9 bp−$44doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTBackpack0.358.6 bp−$9doesn’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 ↗ |
| 10-29 13:32 | Vest Markets | Other | Trade $GOOGL post-earnings volatility with a Vest Capital funded account. Access up to $50k in trading capital at: @VestExchange on X ↗ |
| 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