Funding you earn now, next payment 16:00 UTC−0.0200%/8h= −21.9% APRnext payment −$2.00 per $10,000 · paid last 24h −0.041%
Price spread now: MEXC against SunX−0.108%7-day average −0.095% · you buy dearer than you sell
Net, funding: paid 7d − costs—under 7 days of funding history
Net, price: spread back to 7d avg − costs−$699as in the Price arb table
costs, in and out, $10k−$6986.980% of the position
Funding, last 5 days (all we have)−0.114%−$11 on $10k
+Price spread, last 4 days (all we have)+0.075%+$8 · spread now −0.108%, 7d avg −0.095%
=The price spread sits at its 7-day average of −0.095%, so right now this pair is about funding alone: −$6 a day on $10k at the current rate.
| Leg | Exchange | Price | Funding /8h | Each payment | Next in | OI | Vol 24h | Max lev |
|---|---|---|---|---|---|---|---|---|
| Long | SunX MSFU-USDT | 38.130 | 0 | get 0.0000% / 8h | 5h 08m | — | $1.6M | 10x |
| Short | MEXC MSFU_USDT | 38.089 | −0.0200 | pay 0.0200% / 8h | 5h 08m | $1.2M | $105K | 20x |
Funding history
latest
Range statsloading…
Price spread between the two exchanges
MEXC against SunX. 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
- −$42
- Price spread: −0.108% → −0.095%
- −$1.21
- Slippage, 4 orders
- −$689.97
- Fee SunX: 4 bp × 2 orders
- −$8
- Fee MEXC: 0 bp × 2 orders
- $0
- Net
- −$741.18
- Costs to cover
- 6.980%
- Break-even
- never at this rate
Slippage from SunX: live order book, 10 min ago; MEXC: live order book, 5 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 SunX live order book, 10 min ago | 207.35 bp | 295.9 bp −$296 | doesn't fit | doesn't fit | doesn't fit |
| Sell MEXC live order book, 5 min ago | 37.29 bp | 38.4 bp −$38 | 43.7 bp −$437 | 178.5 bp −$17.9K | doesn't fit |
MSFU on 6 exchanges
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 | |
|---|---|---|---|---|---|---|---|---|
| MEXC MSFU_USDTshort | −0.0200% | 8h | 38.089 | −0.108% | $1.2M | $105K | 20x | |
| Bybit MSFUUSDT | 0.0000% | 8h | 38.200 | +0.184% | $18K | $21K | 25x | as long as short |
| Gate MSFU_USDT | 0.0000% | 8h | 38.140 | +0.026% | $99K | $1K | 20x | as long as short |
| Bitget MSFUUSDT | 0.0000% | 8h | 38.193 | +0.165% | $95K | $392K | 20x | as long as short |
| SunX MSFU-USDTlong | 0.0000% | 8h | 38.130 | long leg | — | $1.6M | 10x | |
| HTX MSFU-USDT | 0.0000% | 8h | 38.160 | +0.079% | $6K | $315K | 20x | as long as short |
SunX MSFU-USDT
MEXC MSFU_USDT
Bybit MSFUUSDT
Gate MSFU_USDT
Bitget MSFUUSDT
HTX MSFU-USDT