Funding arb · Price arb / RWA
| Leg | Exchange | Price | Fund. /8h | Each payment | Next in | OI | Vol 24h | Lev | |
|---|---|---|---|---|---|---|---|---|---|
| LONG | 45.100 | +0.0829 | pay 0.0829% / 8h | 7h 26m | $62K | $383K | 20x | Long Binance | |
| SHORT | 45.030 | 0 | 0.0000% / 8h | 7h 26m | — | $666K | 10x | Short SunX≤10% back |
Price gap−0.156%
Funding gap−0.0829% /8h
Both sides work against this direction now: funding costs $25 a day on $10k and the gap is 1.062% 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−$11−0.0829% /8h now · paid −0.108% over the last 9 hours (all we have)
Price−$106spread −0.156% now, avg +0.906% → −1.062% if it goes back
Costsdoesn’t fit$10k a leg is deeper than the books hold
Result, before costs−$117−1.17%no pointscosts unknown: book too thin at $10k · What the last 7D really paid, hour by hour → backtest
Funding history
you earnyou payavg
RANGE STATS · 7D
Average /8h—
Highest—
Lowest—
Paid you—
Short leg rate minus long leg rate, per 8h. Above zero: the pair pays you.
Price spread between the two exchanges
SunX price against Binancenow
RANGE STATS · 7D
Now−0.156%
Average—
Range—
Wider than now—
Where the spread has been, last 7D▾
share of time at each level
Funding on every exchange
/8hMP on 5 exchanges
lowest funding firstBefore you open
1 ok · 4 to watch- Problem: Doesn’t fit the books—$10k a leg is deeper than SunX’s order book right now.
- Note: Margin at max leverage$500 + $1,000Binance 20x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
- OK: Same payment interval8h / 8hBoth legs pay at the same time.Next 24h at the current rates, on $10k a leg: −$24.87Long Binance: 3 payments, −$24.87; short SunX: 3 payments, $0.00.
- Watch: Gap narrower than usual−0.156% vs +0.906%Less room for the price leg to pay you. If it goes back to average, the short loses.
- Watch: Short leg is thinner— vs $62K OISunX sets your exit cost. Check its book before closing.
- Note: No points program—Neither exchange runs points right now.
- Watch: KYCBinance Yes · SunX NoVerified KYC to deposit or trade; futures accounts under 30 days old are capped at 20x.
Profit calculator
both legs, in and outPosition, each legHold forOrdersPrice spreadFunding rate
Funding earned−0.1006%/8h × 21 periods−$211.19
Price spread−0.156% → +0.906% (7d avg)−$106.17
Slippage, 4 ordersdoesn’t fit the book at $10k—
Fee Binance bp × 2 orders−$10.00
Fee SunX bp × 2 orders−$8.00
Net · 7 days · $10k—
doesn’t fit the books at $10kCosts to cover—Break-even—
Slippage: Binance: live order book, 56 min ago; SunX: live order book, 60 min agoCost to enter
taker + slippage from mid, one sideBUY · LONGBinance20.9745.5 bp−$45doesn’t fitdoesn’t fitdoesn’t fit
SELL · SHORTSunX161.22doesn’t fitdoesn’t fitdoesn’t fitdoesn’t fit
Closing costs about the same again.
HTX