Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 70.760 | +0.0100 | pay 0.0013% / 1h | 50m 14s | $75K | $186K | 50x | Long ApeX Omni5% off | |
| SHORT | 71.430 | 0 | 0.0000% / 8h | 7h 50m | $11K | $1.9M | 10x | Short SunX≤10% back |
Price gap+0.947%62s
Funding gap−0.0100% /8h
The gap pays +$81 on $10k if it goes back to its 7d average, but funding costs $3 a day and eats that in about 27 days.
If you open now and hold
on $10k a leg · figures of the last 7D, not a forecastFunding−$25−0.0100% /8h now · paid −0.252% over the last 7D
Price—spread +0.947%62s now · prices read too far apart to compare
Costs−$2702.701% of $10k · taker + slippage, in and out
Result—no pointsneeds both prices read together
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+0.947%
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
/8hINTC on 43 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Watch: Thin at this size113.2 / 19.9 bpAt $10k entering ApeX Omni costs 113.2 bp, fee and slippage, 5.7× SunX’s.
- Note: Margin at max leverage$200 + $1,000ApeX Omni 50x, SunX 10x. 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: −$3.00Long ApeX Omni: 24 payments, −$3.00; short SunX: 3 payments, $0.00.
- Watch: Prices read 62 s apart+0.947% vs +0.133%Part of this gap may be the market moving.
- Watch: Short leg is thinner$11K vs $75K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- OK: No KYC on either legApeX Omni No · SunX NoBoth exchanges let you trade without ID.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.0120%/8h × 21 periods−$25.16
Price spreadprices read too far apart to compare—
Slippage, 4 orderslive order books−$252.05
Fee ApeX Omni bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k−$295.22
price spread not counted: prices read too far apartCosts to cover2.701%Break-evennever at this rate
Slippage: ApeX Omni: live order book, 38 min ago; SunX: live order book, 12 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGApeX Omni108.20113.2 bp−$113155.9 bp−$1,559doesn’t fitdoesn’t fit
SELL · SHORTSunX15.4619.9 bp−$20doesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
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