Settings8H · net · $10k
LanguageThe language of the site
FundingPeriod funding rates are shown in
UnitsPercent or basis points
CostsCount taker fees and slippage in Net
SizePosition per leg used for Net and slippage
ExchangesWhich exchanges to include everywhere
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Backtest 30d
LegExchangePriceFund. /8hEach paymentNext inOIVol 24hLev
LONG1,065.9L +0.0222S −0.0186pay 0.0028% / 1h41m 59s$152K—5xLong Avantis
SHORT1,067.200.0000% / 8h3h 41m$11K$251K10xShort SunX≤10% back
Price gap+0.122%
Funding gap−0.0222% /8h

Both sides work against this direction now: funding costs $7 a day on $10k and the gap is 0.109% under its 7d average. Swap the legs.

If you open now and hold

on $10k a leg · figures of the last 7D, not a forecast
Funding−$21−0.0222% /8h now · paid −0.209% over the last 7D
Price−$11spread +0.122% now, avg +0.231% → −0.109% if it goes back
Costsno datano order book for Avantis
Result, before costs−$32−0.32%+ Points / potential airdropAvantis: Season 3 · farm boardcosts unknown: no order book for Avantis · What the last 7D really paid, hour by hour → backtest

Price and funding

1h · loading 5m…
PRICE SPREAD · 7D
Now+0.122%
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

/8h

MU on 41 exchanges

lowest funding first

Before you open

2 ok · 3 to watch
  • Note: Order book unknown—
    No order-book sample for Avantis: its slippage is not counted.
  • Note: Margin at max leverage$2,000 + $1,000
    Avantis 5x, SunX 10x. Keep about 2× this so a sharp move doesn’t liquidate one leg.
  • Watch: Payment intervals differ1h / 8h
    Payments land at different times. Close right after the slower leg pays.
    Next 24h at the current rates, on $10k a leg: −$6.66Long Avantis: 24 payments, −$6.66; short SunX: 3 payments, $0.00.
  • Watch: Gap narrower than usual+0.122% vs +0.231%
    Less room for the price leg to pay you. If it goes back to average, the short loses.
  • Watch: Short leg is thinner$11K vs $152K OI
    SunX sets your exit cost. Check its book before closing.
  • OK: Points on a legAvantis Season 3
    Volume here counts toward the points program.
  • OK: No KYC on either legAvantis No · SunX No
    Both exchanges let you trade without ID.

Profit calculator

both legs, in and out
Position, each leg
Hold for
Orders
Price spread
Funding rate
Funding earned−0.0100%/8h × 21 periods−$20.91
Price spread+0.122% → +0.231% (7d avg)−$10.90
Slippage, 4 ordersno data for Avantis—
Fee Avantis bp × 2 orders−$9.00
Fee SunX bp × 2 orders−$8.00
Net, fees only · 7 days · $10k−$48.81
Costs to cover0.170%Break-evennever at this rate
Slippage: Avantis: no order-book sample; SunX: live order book, 22 min ago

Cost to enter

taker + slippage from mid, one side
BUY · LONGAvantis—————
SELL · SHORTSunX5.3816.4 bp−$16doesn’t fitdoesn’t fitdoesn’t fit

Closing costs about the same again.
Avantis: no data.

Alert

MU news

posts that mention MU or Micron Technology, from every exchangeSearch all news →
09-30 12:00MEXCOther$MU is up ~280% YTD heading into earnings. 👀 What moves the next leg: margins or capex? @MEXC on X ↗
09-30 08:02BingXOther$MU’s next move could come down to what management says next. See what matters heading into earnings 👇 @BingXOfficial on X ↗
09-30 06:30MEXCOther$MU is up nearly 280% this year. Now comes the harder test. 👀 Can guidance keep the memory trade alive? @MEXC_Research breaks down what matters before earnings. 👇 @MEXC on X ↗
09-30 03:58HTXToken10 trades. 3 alpha setups 👀 $ETH → ETF flows strong despite the chop $NVDA → Added $150B stock buyback plan $MU → Memory cycle heats up, earnings tonight which one has your eyes? Trade TradFi 24/7 on @HTXFutures @HTX_Global on X ↗
09-29 18:30OKXOtherMacro moves. $MU earnings. A week to watch. Manage your exposure and risk around the clock with tokenized stocks, TradFi Perps or Equity X-Perps on OKX, where available. @okx on X ↗
09-29 16:30Vest MarketsOther$MU is up around 1.6% on the session, with Netlist seeking a US import ban on its high bandwidth memory chips. Baird raised its price target to $1,520 from $1,280 on Monday, with fiscal fourth-quarter results due Wednesday. Trade $MU volatility with a Vest Capital funded account and access up to $25k in trading capital. @VestExchange on X ↗