HD

Alert: funding

Alert: spread

Funding you earn now, next payment 08:00 UTC−0.0100%/8h= −10.9% APRnext payment −$1.00 per $10,000 · paid last 24h −0.030%

Price spread now: SunX against KuCoin+0.071%7-day average +0.040% · you sell dearer than you buy

to open and closeno order booka leg has no order-book sample

Long on KuCoin Short on SunX

What this pair did over the last

the charts below follow

Funding, last 7 days−0.004%$0 on $10k

Price spread, last 3 days (all we have)−0.047%−$5 · spread now +0.071%, 7d avg +0.040%

Together, before fees−0.051%−$5 on $10k · with fees, hour by hour

The price spread pays, funding is against you. SunX is 0.031% dearer against KuCoin than usual: you sell high and buy low (spread +0.071% now, against its 7-day average of +0.040%): +$3 on $10k if it goes back. Holding the pair costs −$3 a day in funding at the current rate, which eats that in about 25 hours. At the pace of the last 7 days (−0.004% in total) that is about 2 months.

Leg	Exchange	Price	Funding /8h	Each payment	Next in	OI	Vol 24h	Max lev
Long	KuCoin HDUSDTM	297.43	0.0100	pay 0.0100% / 8h	6h 19m	$122K	$510K	20x
Short	SunX HD-USDT	297.64	0	get 0.0000% / 8h	6h 19m	$1K	$863K	10x

Funding history

latest

Range statsloading…

Price spread between the two exchanges

SunX against KuCoin. Falling: the short leg gains. Rising: it loses.

latest

Price spreadloading…

Funding on every exchange

click an exchange to add or hide it

latest

How often the price spread is this wide · share of time at each level, last 7D show

Profit calculator

Position, each leg$Hold fordaysFee KuCoinbpFee SunXbpOrdersPrice spread, now +0.071%Rate

Funding earned: −$21
Price spread: +0.071% → +0.040%: $3.1
Slippage, 4 orders: no order book: not counted
Fee KuCoin: 6 bp × 2 orders: −$12
Fee SunX: 4 bp × 2 orders: −$8
Net: −$37.9
Costs to cover: 0.200%
Break-even: never at this rate

Slippage unknown: KuCoin: live order book, 18 min ago; SunX: live order book, 23 min ago. Net counts fees only.

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 KuCoin live order book, 18 min ago	31.43 bp	1001.7 bp −$1,002	doesn't fit	doesn't fit	doesn't fit
Sell SunX live order book, 23 min ago	500.11 bp	doesn't fit	doesn't fit	doesn't fit	doesn't fit

HD on 9 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
Aster HDUSDT	0.0000%	8h	297.87	+0.146%	$3K	$292	20x	as long as short
Binance HDUSDT	0.0000%	8h	297.80	+0.124%	$349K	$368K	20x	as long as short
Bybit HDUSDT	0.0000%	8h	298.07	+0.215%	$58K	$2K	25x	as long as short
Gate HD_USDT	0.0000%	8h	297.70	+0.091%	$128K	$2K	20x	as long as short
Variational Omni HD	0.0000%	8h	297.73	+0.101%	$40K	$56K	—	as long as short
GRVT HD_USDT_Perp	0.0000%	8h	297.97	+0.182%	$226	$95K	10x	as long as short
SunX HD-USDTshort	0.0000%	8h	297.64	+0.071%	$1K	$863K	10x
HTX HD-USDT	0.0000%	8h	297.78	+0.118%	$5K	$14K	10x	as long as short
KuCoin HDUSDTMlong	+0.0100%	8h	297.43	long leg	$122K	$510K	20x