Funding you earn now, next payment 16:00 UTC−0.0136%/8h= −14.9% APRnext payment −$1.36 per $10,000 · paid last 24h +0.041%
Price spread now: SunX against MEXC+0.121%7-day average +0.100% · you sell dearer than you buy
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$701as in the Price arb table
costs, in and out, $10k−$7037.032% of the position
Funding, last 5 days (all we have)+0.114%+$11 on $10k
+Price spread, last 4 days (all we have)−0.102%−$10 · spread now +0.121%, 7d avg +0.100%
=The price spread pays, funding is against you. SunX is 0.021% dearer against MEXC than usual: you sell high and buy low (spread +0.121% now, against its 7-day average of +0.100%): +$2 on $10k if it goes back. Holding the pair costs −$4 a day in funding at the current rate, which eats that in about 12 hours. Mind the row above: over the last 5 days funding on this pair paid +0.114%, so the current rate has only just turned against you.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | MEXC MSFU_USDT | 38.014 | 0.0136 | pay 0.0136% / 8h | 7h 42m | $1.2M | $126K | 20x |
| Short | SunX MSFU-USDT | 38.060 | 0 | get 0.0000% / 8h | 7h 42m | — | $2.3M | 10x |
MEXC MSFU_USDT
SunX MSFU-USDTFunding history
latest
Range statsloading…
Price spread between the two exchanges
SunX against MEXC. Falling: the short leg gains. Rising: it loses.latest
Price spreadloading…
Funding on every exchange
click an exchange to add or hide itlatest
How often the price spread is this wide · share of time at each level, last 7D show
Profit calculator
- Funding earned
- −$28.56
- Price spread: +0.121% → +0.100%
- $2.09
- Slippage, 4 orders
- −$695.25
- Fee MEXC: 0 bp × 2 orders
- $0
- Fee SunX: 4 bp × 2 orders
- −$8
- Net
- −$729.71
- Costs to cover
- 7.032%
- Break-even
- never at this rate
Slippage from MEXC: live order book, 2 min ago; SunX: live order book, 4 min ago.
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 MEXC live order book, 2 min ago | 36.16 bp | 60.4 bp −$60 | 66.3 bp −$663 | 200.3 bp −$20.0K | 316.1 bp −$158.1K |
| Sell SunX live order book, 4 min ago | 212.77 bp | 297.9 bp −$298 | doesn't fit | doesn't fit | doesn't fit |
MSFU on 6 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 | |
|---|---|---|---|---|---|---|---|---|
| Bybit MSFUUSDT | 0.0000% | 8h | 38.070 | +0.147% | $17K | $18K | 25x | as long as short |
| Gate MSFU_USDT | 0.0000% | 8h | 38.050 | +0.095% | $99K | $1K | 20x | as long as short |
| Bitget MSFUUSDT | 0.0000% | 8h | 38.061 | +0.124% | $93K | $391K | 20x | as long as short |
| SunX MSFU-USDTshort | 0.0000% | 8h | 38.060 | +0.121% | — | $2.3M | 10x | |
| HTX MSFU-USDT | 0.0000% | 8h | 38.070 | +0.147% | $6K | $316K | 20x | as long as short |
| MEXC MSFU_USDTlong | +0.0136% | 8h | 38.014 | long leg | $1.2M | $126K | 20x |
Bybit MSFUUSDT
Gate MSFU_USDT
Bitget MSFUUSDT
HTX MSFU-USDT