Settings8H · net · $10k
Funding arb · Price arb /

HK0625

RWAall HK0625 markets
SwapBacktest
Alert: funding
Alert: spread
Funding you earn now, next payment 08:00 UTC0.0000%/8h= 0.0% APRnext payment +$0.00 per $10,000 · paid last 24h −0.108%
Price spread now: SunX against Binance−0.015%7-day average −0.031% · you buy dearer than you sell
Net, funding: paid 7d − costs−$421as in the Funding arb table
Net, price: spread back to 7d avg − costs−$392as in the Price arb table
costs, in and out, $10k−$3933.932% of the position
What this pair did over the last
the charts below follow
Funding, last 7 days−0.279%−$28 on $10k
Price spread, last 2 days (all we have)−0.078%−$8 · spread now −0.015%, 7d avg −0.031%
Together, before fees−0.357%−$36 on $10k · with fees, hour by hour
LegExchangePriceFunding /8hEach paymentNext inOIVol 24hMax lev
LongBinance HK0625USDT38.7860get 0.0000% / 4h2h 50m$288K$485K20x
ShortSunX HK0625-USDT38.7800get 0.0000% / 4h2h 50m$782K10x

Funding history

latest
Range statsloading…

Price spread between the two exchanges

SunX against Binance. 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

Funding earned
$0
Price spread: −0.015% → −0.031%
$1.58
Slippage, 4 orders
−$375.17
Fee Binance: 5 bp × 2 orders
−$10
Fee SunX: 4 bp × 2 orders
−$8
Net
−$391.59
Costs to cover
3.932%
Break-even
never at this rate
Slippage from Binance: live order book, 57 min ago; SunX: live order book, 22 min ago.

Cost to enter

taker fee + slippage from the mid, one side; closing costs about the same again
LegHalf-spread$10k$100k$1M$5M
Buy Binance live order book, 57 min ago5.14 bp55.4 bp −$55doesn't fitdoesn't fitdoesn't fit
Sell SunX live order book, 22 min ago74.61 bp178.6 bp −$179doesn't fitdoesn't fitdoesn't fit

HK0625 on 3 venues

lowest funding first. Swap a leg: a good short leg pays more funding and is priced higher.
ExchangeFunding /8hEveryPricePrice vs long legOIVol 24hMax lev
Binance HK0625USDTlong0.0000%4h38.786long leg$288K$485K20x
SunX HK0625-USDTshort0.0000%4h38.780−0.015%$782K10x
HTX HK0625-USDT0.0000%4h38.790+0.011%$5K$340K20xas long as short